Business news


 U.S. Supreme Court turns away GM bid to revive racketeering suit against Fiat Chrysler

U.S. Supreme Court turns away GM bid to revive racketeering suit aga...

April 18, 2023 01:43 AM AEST | By Reuters

(Adds quote from Stellantis) By John Kruzel WASHINGTON, April 17 (Reuters) - The U.S. Supreme Court on Monday declined to hear a bid by General Motors...


 Auto File: Tesla, Shanghai and Ferrari Funds  

Auto File: Tesla, Shanghai and Ferrari Funds  

April 18, 2023 01:00 AM AEST | By Reuters

Joe White Global Autos Correspondent Greetings from the Motor City! Buckle up! We’ve got plenty of ground to cover this morning with news from the Sha...


 Rex International Says Lime Petroleum AS Engaged ABG Sundal Collier ASA To Carry Out Tap Issue Of Up To US$4.8 Mln

Rex International Says Lime Petroleum AS Engaged ABG Sundal Collier...

April 18, 2023 12:55 AM AEST | By Reuters

April 17 (Reuters) - Rex International Holding Ltd : * LIME PETROLEUM AS ENGAGED ABG SUNDAL COLLIER ASA TO CARRY OUT TAP ISSUE OF UP TO US$4.8 MILLION...


 Legion Consortium Says Lee Yu Juan Appointed As CFO

Legion Consortium Says Lee Yu Juan Appointed As CFO

April 18, 2023 12:54 AM AEST | By Reuters

April 17 (Reuters) - Legion Consortium Ltd: * LEE YU JUAN APPOINTED AS CHIEF FINANCIAL OFFICER Further company coverage:


 Fitch Says Large Nordic Insurers To Maintain Strong Credit Profiles Amid Economic Headwinds

Fitch Says Large Nordic Insurers To Maintain Strong Credit Profiles...

April 18, 2023 12:45 AM AEST | By Reuters

April 17 (Reuters) - Fitch: * FITCH SAYS LARGE NORDIC INSURERS TO MAINTAIN STRONG CREDIT PROFILES AMID ECONOMIC HEADWINDS * FITCH SAYS FAVOURABLE OPER...


 Swiss government awards $9.7 million contract related to Credit Suisse - UBS merger

Swiss government awards $9.7 million contract related to Credit Suis...

April 18, 2023 12:43 AM AEST | By Reuters

By Oliver Hirt ZURICH (Reuters) - The Swiss government has awarded an advisory mandate worth up to 8.7 million Swiss francs ($9.70 million) to Alvarez...


 Swiss government awards $9.7 mln contract related to Credit Suisse - UBS merger

Swiss government awards $9.7 mln contract related to Credit Suisse -...

April 18, 2023 12:36 AM AEST | By Reuters

By Oliver Hirt ZURICH, April 17 (Reuters) - The Swiss government has awarded an advisory mandate worth up to 8.7 million Swiss francs ($9.70 million)...


 US SEC charges Bittrex with operating an unregistered securities exchange

US SEC charges Bittrex with operating an unregistered securities exc...

April 18, 2023 12:32 AM AEST | By Reuters

(Reuters) - The U.S. Securities and Exchange Commission charged cryptocurrency exchange Bittrex Inc and its former CEO with operating an unregistered...


 US Supreme Court spurns Sanofi appeal to revive EpiPen suit against Viatris

US Supreme Court spurns Sanofi appeal to revive EpiPen suit against...

April 17, 2023 11:55 PM AEST | By Reuters

(Adds background) By John Kruzel WASHINGTON, April 17 (Reuters) - The U.S. Supreme Court on Monday declined to hear a bid by Sanofi SA to revive its a...


 US Supreme Court spurns Sanofi appeal to revive EpiPen suit against Viatris

US Supreme Court spurns Sanofi appeal to revive EpiPen suit against...

April 17, 2023 11:49 PM AEST | By Reuters

(Adds background) By John Kruzel WASHINGTON, April 17 (Reuters) - The U.S. Supreme Court on Monday declined to hear a bid by Sanofi SA to revive its a...


 Credit Mutuel Arkea explores stake sale in payments unit Monext –sources

Credit Mutuel Arkea explores stake sale in payments unit Monext –sou...

April 17, 2023 11:48 PM AEST | By Reuters

By Pablo Mayo Cerqueiro, Amy-Jo Crowley and Mathieu Rosemain LONDON (Reuters) - French cooperative bank Credit Mutuel Arkea is looking to sell a stake...


 Strike action in Norway cancels maintenance at Troll field, Kollsnes plant

Strike action in Norway cancels maintenance at Troll field, Kollsnes...

April 17, 2023 11:45 PM AEST | By Reuters

(Corrects timing of end to Kollsnes maintenance outage in 5th paragraph) By Nora Buli OSLO (Reuters) - Ongoing strike action in Norway has led to the...


 Osk Ventures International Says Appointment Of Ong Leong Huat As Non Executive Chairman

Osk Ventures International Says Appointment Of Ong Leong Huat As Non...

April 17, 2023 11:20 PM AEST | By Reuters

April 17 (Reuters) - Osk Ventures International Bhd : * APPOINTMENT OF ONG LEONG HUAT AS NON INDEPENDENT AND NON EXECUTIVE CHAIRMAN Source text for Ei...


 Osk Ventures International Bhd Says Retirement Of Leong Keng Yuen As Non Executive Chairman

Osk Ventures International Bhd Says Retirement Of Leong Keng Yuen As...

April 17, 2023 11:19 PM AEST | By Reuters

April 17 (Reuters) - Osk Ventures International Bhd : * RETIREMENT OF LEONG KENG YUEN AS INDEPENDENT AND NON EXECUTIVE CHAIRMAN Source text for Eikon:...


 Glomac Bhd Says Glomac Technology Entered Into MoU With Tenaga Nasional Berhad

Glomac Bhd Says Glomac Technology Entered Into MoU With Tenaga Nasio...

April 17, 2023 11:18 PM AEST | By Reuters

April 17 (Reuters) - Glomac Bhd: * GLOMAC TECHNOLOGY SDN ENTERED INTO MOU WITH TENAGA NASIONAL BERHAD * MOU FOR EXPLORING POTENTIAL BUSINESS OPPORTUNI...


 Italy's TIM network bidders prepare slightly higher offers -sources

Italy's TIM network bidders prepare slightly higher offers -sources

April 17, 2023 11:12 PM AEST | By Reuters

By Elvira Pollina and Valentina Za MILAN (Reuters) - Bidders for Telecom Italia's (TIM) landline grid are preparing to raise their offers of around 20...


 Nordic Technology Group's Hammertech Wins New Aquafield Order With Al Mansoori

Nordic Technology Group's Hammertech Wins New Aquafield Order With A...

April 17, 2023 11:11 PM AEST | By Reuters

April 17 (Reuters) - Nordic Technology Group AS : * HAMMERTECH AS, SUBSIDIARY OF NORDIC TECHNOLOGY GROUP, ANNOUNCES THAT IT HAS WON A NEW AQUAFIELD OR...


 Al Kathiri Holding Appoints Khaled Abdel-Rahman Al-Khayal As Chairman

Al Kathiri Holding Appoints Khaled Abdel-Rahman Al-Khayal As Chairma...

April 17, 2023 10:54 PM AEST | By Reuters

April 17 (Reuters) - AL KATHIRI HOLDING COMPANY : * APPOINTS KHALED ABDEL-MOHSEN ABDEL-RAHMAN AL-KHAYAL AS CHAIRMAN Source text for Eikon: Further com...


 SASCO Completes Payment Of 300 Mln Riyals Of Total Outstanding Loans

SASCO Completes Payment Of 300 Mln Riyals Of Total Outstanding Loans

April 17, 2023 10:49 PM AEST | By Reuters

April 17 (Reuters) - SAUDI AUTOMOTIVE SERVICES CO : * COMPLETED PAYMENT OF 300 MILLION RIYALS OF THE TOTAL OUTSTANDING LOANS OF COMPANY Source text fo...


 Masraf Al Rayan Q1 Profit Falls

Masraf Al Rayan Q1 Profit Falls

April 17, 2023 10:45 PM AEST | By Reuters

April 17 (Reuters) - MASRAF AL RAYAN QPSC: * Q1 NET PROFIT 385 MILLION RIYALS VERSUS 487.7 MILLION RIYALS YEAR AGO * Q1 TOTAL INCOME REACHED 2.27 BILL...


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