November 2024 – Page 24 – UAG Trade Asia

Nokia Buys Worlds Largest API Hub from Rapid to Cash In on 5G

November 14, 2024
Business
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Nov 13 Reuters Nokia said on Wednesday it had bought the world39;s largest application programming interface API hub and marketplace from U.S. company Rapid as it seeks to boost revenues from its 5G and 4G networks. Like other telecom gear makers, Finland39;s Nokia has been looking for ways to monetise its 5G equipment or diversify its […]

November 14, 2024
Business
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ZURICH, Nov 13 Reuters Swiss financial regulator FINMA said on Wednesday it will in future regularly review how it oversees UBS as the country39;s authorities prepare to overhaul regulations to make the banking sector more robust. Laying out its strategic goals for 2025 to 2028, FINMA said it will enhance supervision of institutions it watches and […]

November 14, 2024
Business
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Nov 13 Reuters Shares of Rivian jumped over 15 on Wednesday after the electric vehicle maker announced a 5.8 billion investment from German automaker Volkswagen as part of their joint venture. The investment boost comes at a crucial time for Rivian, which aims to cut costs, achieve profitability, and launch its smaller, more affordable R2 SUV to […]

November 13, 2024
Uncategorized
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Luxury industry lost 50 mln consumers in past two years Price hikes have played a role, outlets outperforming sector Brands39; pricing strategies to influence growth prospects MILAN, Nov 13 Reuters Sales of personal luxury goods are set to fall 2 this year, making it one of the weakest on record, with price hikes and economic […]

November 13, 2024
Uncategorized
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SAO PAULO Nov 13 Reuters Services activity in Brazil grew more than expected in September and hit a record high, a sign of economic strength that comes after the central bank kicked off a monetary tightening cycle to fight inflation. The service sector in Latin America39;s largest economy rose 1.0 in September from August, statistics […]

November 13, 2024
Uncategorized
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Consumer price index increases 0.2 in October Shelter accounts for more than half of rise in CPI CPI advances 2.6 yearonyear; base effects also a factor Core CPI gains 0.3; up 3.3 yearonyear WASHINGTON, Nov 13 Reuters U.S. consumer prices increased as expected in October amid higher costs for shelter such as rents, and progress […]

November 13, 2024
Finance
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Nov 13 Reuters The pound hovered near threemonth lows against a stronger dollar on Wednesday, after a sharp fall in the previous session following data that showed inflation was easing in the UK. Sterling dipped 0.1 to 1.2795 after hitting its lowest since early August at 1.2719 on Tuesday, after data showed regular pay for British workers […]

November 13, 2024
Finance
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U.S. core CPI seen holding steady in Oct Smith Group rallies after revenue outlook lift FTSE 100 down 0.1, FTSE 250 down 0.2 Nov 13 Reuters The main UK stock indexes slipped on Wednesday as traders awaited key U.S. inflation data to gauge the path of monetary policy, while defence company Smiths Group rallied to […]

November 13, 2024
Oil
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Brent, WTI up about 0.2 Tightness in physical market offsets demand outlook ANZ To come API weekly U.S. stockpile report at 2130 GMT SINGAPORE, Nov 13 Reuters Oil prices inched higher on Wednesday underpinned by signs of nearterm supply tightness but held near their lowest in two weeks, a day after OPEC downgraded its forecast […]

November 13, 2024
Politics
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TAIPEI, Nov 13 Reuters Taiwan39;s central bank warned on Wednesday that it sees peril in the proposed trade policies of the incoming administration of U.S. Presidentelect Donald Trump. In a report to parliament ahead of governor Yang Chinlong taking questions from legislators on Thursday, the central bank said that if Trump follows through on his […]

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Nokia Buys Worlds Largest API Hub from Rapid to Cash In on 5G

Swiss Financial Watchdog to Regularly Review How it Oversees UBS

Rivian Shares Surge on 5.8 bln Volkswagen Investment in JV

Global Luxury Sales to Fall 2 in 2024, among Weakest Years on Record, Bain

Brazils Service Sector Hits Fresh Record High in September

Higher Shelter Costs Lift US Consumer Prices in October

Sterling Drifts near 3Month Lows vs Dollar

UK Stocks Slip ahead of U.S. Inflation Data; Smiths Group Rallies

Oil Pares Losses on Tight Supply, Cloudy Demand Caps Gains

Taiwan Central Bank sees Peril in Trump Tariffs

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