HANOI, Feb 23 (Reuters) – European manufacturers are considering investing hundreds of millions of dollars in Vietnam to build wind turbines, people familiar with the situation said as the country prepares to capitalize on its huge untapped offshore wind power potential. The Southeast Asian country is seen as a potential major player in the sector … Read more
NEW YORK, 22 Feb. (Reuters) – Bank of America Corp (BofA) (TANK.N) saved up $1.2 billion last year for litigation and regulatory investigations, including fines and settlements, according to the company. registration on Wednesday. The cost is a significant jump from $164 million registered by the second largest U.S. lender in 2021 and $823 million … Read more
MOSCOW, Feb 22 (Reuters) – Russian fertilizer maker Uralchem-Uralkali plans to send a second humanitarian shipment of fertilizer from an EU port to Africa in March, the company said on Wednesday, this time to Kenya, following a previous shipment to Malawi. In November. The Uralchem-Uralkali Group has said it will donate more than 34,000 tons … Read more
MOSCOW, Feb 22 (Reuters) – Russian fertilizer maker Uralchem-Uralkali plans to send a second humanitarian shipment of fertilizer from an EU port to Africa in March, the company said on Wednesday, this time to Kenya, following a previous shipment to Malawi. In November. The Uralchem-Uralkali Group has said it will donate more than 34,000 tons … Read more
Italian Finance Ministry is looking for ways to stimulate the Milan stock exchange Last year, 15 firms left Euronext Milan, as well as six newcomers. League insists key shareholders have tight control over companies ROME, Feb 22 (Reuters) – Italy’s League of the Right has submitted a bill to parliament that would increase the ability … Read more
NEW DELHI, 22 Feb. (Reuters) – Pernod Ricard (PERP.PA) India’s chief executive, imprisoned since November in connection with an investigation into alleged violations of the liquor policy, asked for bail at a New Delhi City High Court hearing on Wednesday. Benoy Babu, head of international brands at Pernod India, was arrested on November 11 as … Read more
ZURICH, 22 Feb. (Reuters) – EFG International (EFGN.S) Net income fell 1.7% to 202.4 million Swiss francs ($218.50 million) last year, a Swiss private bank said on Wednesday as it settled litigation related to a client’s relationship with a Taiwanese insurance company. EFG said it had paid 40.6 million francs in legal costs and increased … Read more
Interim dividend of AUD 46 per share HY Profit Rises On Strong Sales, Beating Expectations Cost inflation higher than recent history Shares up 2% SYDNEY, 22 Feb. (Reuters) – Australia’s largest grocer Woolworths Group Ltd. (WOW.AX) said the inflation-driven ditching of eating out helped boost sales, boosting the company’s stock after its half-year earnings beat … Read more
Interim dividend of AUD 46 per share HY Profit Rises On Strong Sales, Beating Expectations Cost inflation higher than recent history Shares up 2% SYDNEY, 22 Feb. (Reuters) – Australia’s largest grocer Woolworths Group Ltd. (WOW.AX) said the inflation-driven ditching of eating out helped boost sales, boosting the company’s stock after its half-year earnings beat … Read more
Feb 22 (Reuters) – Australia’s Origin Energy Ltd. (ORG.AX) said on Wednesday that the Brookfield-led consortium cut its takeover bid from A9 to A$8.90 per share, valuing the company at A$15.33 billion ($10.50 billion). The previous offer was submitted in November at a higher Origin price of A$15.5 billion. The parties did not specify the … Read more