By Kirsty Needham SYDNEY (Reuters) -The sails of the iconic Sydney Opera House were illuminated on Friday night with a photographic tribute to welcome King Charles and Queen Camilla, as they arrived in Australia on the first visit by a reigning British monarch in 13 years. The royal couple arrived in Sydney on a Royal …
Australia turns on Sydney Harbour welcome for King Charles Read More »
TOKYO (Reuters) -The board of Japan’s Fuji Soft will continue to support the first stage of a 558.4 billion yen ($3.72 billion) buyout offer from KKR, it said on Friday, despite having received a higher counter-offer from Bain Capital. The IT company backed an 8,800 yen per share offer from KKR in August, but last …
Fuji Soft board backs first stage of KKR’s buyout offer Read More »
(Reuters) -Netflix shares hit an all-time high on Friday, buoyed by investor optimism that its robust content lineup will help the streaming giant maintain upbeat subscriber growth even as the boost from its password-sharing crackdown wanes. The company, widely seen as the winner of Hollywood’s streaming wars, saw its stock rise nearly 10% and was …
Netflix hits record high as strong subscriber additions ease growth worries Read More »
By George Obulutsa and Humphrey Malalo NAIROBI (Reuters) -Kenyan President William Ruto chose Interior Minister Kithure Kindiki as his new deputy on Friday, but a court blocked his appointment until it hears a case next week challenging the impeachment of Kindiki’s predecessor. The high court’s intervention came after lawmakers had already approved Kindiki’s appointment on …
Kenyan court blocks deputy president appointment hours after Ruto picks ally Read More »
By America Hernandez PARIS -French oil major TotalEnergies said on Friday it has agreed to sell a network including 240 retail fuelling stations and seven ethanol and fuel storage facilities in Brazil to a subsidiary of Grupo Argenta. TotalEnergies said it will keep its lubricants blending and distribution activities in Brazil. The value of the …
TotalEnergies sells Brazilian fuel distribution business to SIM Distribuidora Read More »
(Reuters) – U.S. investors made large investments in equity funds in the week to Oct. 16, buoyed by strong third-quarter earnings from U.S. lenders and optimism over a potential Federal Reserve rate cut in November and signs of cooling inflation. According to LSEG data, U.S. equity funds drew a sharp $20.08 billion in net purchases …
US equity funds draw big inflows on bank earnings, rate cut hopes Read More »
By Georgina McCartney MIDLAND, Texas (Reuters) – A new pipeline carrying shale natural gas from west Texas toward export hubs on the U.S. Gulf Coast has eased constraints that crashed local prices this year, and will help pave the way for higher U.S. oil production, energy executives said. Pipeline companies largely quit adding new capacity …
Texas natural-gas pipeline eases bottlenecks, paves way for higher shale output Read More »
STOCKHOLM (Reuters) -Autoliv, the world’s largest maker of airbags and seatbelts, on Friday reported third-quarter profit in line with expectations, although it lowered its sales forecast as its growth outstripped global light vehicle production (LVP). Supply chain issues, a slowdown in electric vehicle (EV) demand and high costs have weighed on the auto industry. As …
Autoliv’s profits meet expectations as outperforms global light vehicle market Read More »
PARIS (Reuters) – Massive floods caused serious damage and power outages on Friday in parts of France’s mountainous southeast region after days of heavy rain, though there were no immediate reports of any casualties. France’s weather authority Meteo France placed six departments south of the city of Lyon on a red flood alert on Thursday. …
Floods cause damage, power outages in southeast France after heavy rainfall Read More »
(Reuters) – India’s ICICI Lombard General Insurance reported a 20% increase in its second-quarter profit on Friday, aided by higher premiums in its motor and health insurance units. The company’s profit after tax rose to 6.94 billion rupees ($82.6 million) for the three months ended Sept. 30 from 5.77 billion rupees a year earlier. Analysts …
Indian insurer ICICI Lombard’s Q2 profit jumps on strong motor, health segments Read More »
