Business
Eastroc Beverage Picks Banks for $500 Million Zurich GDR

Breadcrumb Trail Links PMN Business Chinese energy drink maker Eastroc Beverage Group Co. has selected banks for a sale of global depositary receipts in Switzerland that could raise about $500 million, according to people familiar with the matter. Author of the article: Bloomberg News Bloomberg News Aluminum beverage cans pass along the production line at […]

Updated: Aug 11, 2022
Deliveroo Earnings Beat Estimates After Cutting Ad Costs

Breadcrumb Trail Links PMN Business Deliveroo Plc reported earnings that beat analysts’ estimates after the company said it would tighten its marketing budget and cut costs. Author of the article: Bloomberg News Amy Thomson A delivery worker rides an escalator in Sydney, Australia, on Monday, Feb. 28, 2022. Australia is scheduled to release gross domestic […]

Updated: Aug 10, 2022
Taiwanese foreign minister says China drills part of a game-plan for invasion

Breadcrumb Trail Links PMN Business Author of the article: Reuters Sarah Wu and Yimou Lee Publishing date: Aug 09, 2022  •  26 minutes ago  •  3 minute read  •  Join the conversation Article content TAIPEI — Taiwan’s foreign minister said on Tuesday that China was using the military drills it launched in protest against U.S. House […]

Updated: Aug 9, 2022
Air traffic around Taiwan returning to normal despite new Chinese drills

Breadcrumb Trail Links PMN Business Author of the article: Reuters Jamie Freed and Donny Kwok Publishing date: Aug 08, 2022  •  10 minutes ago  •  2 minute read  •  Join the conversation Article content Air traffic around Taiwan is gradually returning to normal after airspace surrounding the island reopened, Taiwan’s Ministry of Transportation and Communications said […]

Updated: Aug 8, 2022
With Taiwan drills, Xi tries to salvage Pelosi crisis

Breadcrumb Trail Links PMN Business Author of the article: Publishing date: Aug 07, 2022  •  17 minutes ago  •  3 minute read  •  Join the conversation Article content BEIJING — Chinese President Xi Jinping may not have been able to stop Nancy Pelosi’s visit to Taiwan, but he ordered his country’s military to rehearse a much […]

Updated: Aug 7, 2022
Lebanon-bound ship brings hope, not solution to food crisis

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Kareem Chehayeb, Aya Batrawy And Cara Anna Article content BEIRUT (AP) — A ship bringing corn to Lebanon’s northern port of Tripoli normally would not cause a stir. But it’s getting attention because of where it came from: Ukraine’s Black Sea port of […]

Updated: Aug 6, 2022
Stocks climb on xx ahead of U.S. jobs data

Breadcrumb Trail Links PMN Business Author of the article: Article content HONG KONG — Asian shares gained on Friday ahead of U.S. jobs data that will give another clue to the health of the world’s largest economy as warning signs flashed in bond markets, and oil traded around its lowest level since the start of […]

Updated: Aug 5, 2022
German Orders Drop as Inflation, Supply Disruptions Prevail

Breadcrumb Trail Links PMN Business (Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Author of the article: Bloomberg News Carolynn Look Publishing date: Aug 04, 2022  •  11 minutes ago  •  1 minute read  •  Join the conversation v8f9pg5kcb(]eg(9a0vffu3g_media_dl_1.png Bloomberg RSS Article content (Bloomberg) — Sign up for the New Economy […]

Updated: Aug 4, 2022
Currencies muted as investors eye fallout from Pelosi’s Taiwan visit

Breadcrumb Trail Links PMN Business Author of the article: Publishing date: Aug 03, 2022  •  17 minutes ago  •  3 minute read  •  Join the conversation Article content Most Asian currencies traded sideways on Wednesday as investors weighed the potential fallout from U.S. House Speaker Nancy Pelosi’s visit to Taiwan, which has enraged China, while South […]

Updated: Aug 3, 2022
BP Boosts Dividend, Buybacks as Profits Surge on High Prices

Breadcrumb Trail Links PMN Business BP Plc raised its dividend and boosted share buybacks after its profit rose to the highest since 2008. Author of the article: Bloomberg News Laura Hurst Prices of unleaded fuel and diesel on a totem sign at a BP Plc petrol station in London, UK, on Monday, Aug. 1, 2022. […]

Updated: Aug 2, 2022