China’s Giant Biogene slashes Hong Kong IPO size, valuation -sources
By Scott Murdoch (Reuters) -China’s Giant Biogene Holding Co Ltd launched on Tuesday an initial public offering (IPO) in Hong Kong to raise up to $80 million, a term sheet…
By Scott Murdoch (Reuters) -China’s Giant Biogene Holding Co Ltd launched on Tuesday an initial public offering (IPO) in Hong Kong to raise up to $80 million, a term sheet…
(Reuters) – Europe’s largest activist investor Cevian Capital has slashed its stake in UK-based Vodafone as scepticism grows that the telecoms company will be able to reverse its sluggish performance,…
BERLIN (Reuters) – Austria’s WIFO institute slashed its 2023 forecast on Friday, saying record inflation rates resulting from the war in Ukraine are steering the economy towards stagflation. Austrian gross…
Biden Turns To Communist Dictatorship For Oil After OPEC Slashes Production Jack McEvoy on October 5, 2022 The Biden administration proposed a deal that will ease sanctions on Venezuela,…
LONDON (Reuters) – Britain’s manufacturers association on Thursday slashed its forecast for growth in factory output next year, citing huge uncertainty around demand and energy prices. Make UK downgraded its…
Gap Slashes Hundreds Of Jobs As Inflation Squeezes The Struggling Giant John Hugh DeMastri on September 20, 2022 Gap will eliminate nearly 500 corporate jobs, joining other struggling retailers as…
By Marc Jones LONDON (Reuters) – Investment bank JPMorgan slashed its forecast for developing world corporate debt issuance by a third on Monday, the latest sign of the economic pressures…
SHANGHAI (Reuters) – Tesla Inc has shortened delivery waiting times for its rear-wheel drive Model Ys in China to one to four weeks, it said on its Chinese website, the…
By Carolina Mandl NEW YORK -Investment firm Tiger Global Management, which lost billions of dollars in this year’s technology meltdown, slashed or completely exited most of its holdings in the…
By Daniel Leussink TOKYO – Japan’s government slashed its economic growth forecast for this fiscal year largely due to slowing overseas demand, highlighting the impact of Russia’s war in Ukraine,…
Glenn Youngkin’s Budget Slashes Handouts To Illegal Migrants, Advocates Jennie Taer on June 16, 2022 Republican Virginia Gov. Glenn Youngkin’s new budget proposal released Wednesday pulls funding from illegal aliens…
By Leigh Thomas PARIS – The war in Ukraine has made the growth outlook far bleaker even though the global economy should avoid a bout of 1970s-style stagflation, the OECD…
KARACHI, Pakistan – Pakistan will slash fuel subsidies for a second time in a week in a bid to control the fiscal deficit and secure International Monetary Fund (IMF) bailout…
BERLIN – German flag carrier Lufthansa said it would cancel some domestic flights to Frankfurt from Thursday, an announcement that follows a staffing shortage warning from Germany’s biggest airport operator,…
BERLIN – German growth will be weaker than expected this year due to the effects of Russia’s invasion of Ukraine which will also push up inflation in Europe’s biggest economy,…
Albuquerque, NM – Albuquerque police reported a man on a bicycle randomly slashed 11 people Sunday starting at around 11 am. The attacks began near the Sister Bar downtown and…
NEPTUNE, NJ – Gannett, Inc., a publicly-traded company and a struggling national print newspaper corporation that operates nine daily newspapers across New Jersey including our local Asbury Park Press and…