(RTTNews) - Vitesco Technologies Group AG said its Executive Board and Supervisory Board will evaluate the voluntary public purchase offer for all outstanding shares of Vitesco Technologies and the merger of Vitesco Technologies into Schaeffler AG. The Supervisory Board has forme
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(RTTNews) - British Aerospace & Defense company Rolls-Royce Holdings plc (RYCEF.PK, RYCEY.PK, RR.L) announced Tuesday its plan to create a simpler, more efficient and effective organisation in the next phase of its multi-year transformation. The plan includes various cost saving
Asian stocks made some cautious gains on Tuesday, with investors choosing to focus on corporate earnings prospects and the resilience of the U.S. economy ahead of tensions in the Middle East.
Australian mining services company Molycop has put on hold its planned A$1 billion ($635 million) initial public offering until 2024 due to the ongoing volatility in global financial markets, according to two people with direct knowledge of the matter.
Jupiter Fund Management reported a fall in its third-quarter assets under management on Tuesday, as it grapples with muted retail investor appetite and volatile markets amid high inflation.
The U.S. dollar swayed in a tight range on Tuesday as traders took stock of developments in the Middle East and braced for a slew of speeches by central bank officials this week headlined by Fed Chair Powell to gauge the monetary policy outlook.
British average earnings, excluding bonuses, were 7.8% higher than a year earlier during the three months to the end of August, the Office for National Statistics said on Tuesday.
Belgium was searching on Tuesday for a gunman who killed two Swedish citizens and wounded a third person on Monday in Brussels in what Prime Minister Alexander De Croo called a brutal terrorist attack.
Exit polls showing that Poland's liberal opposition party is on track to form the next government have raised hopes among climate trackers that Europe's most coal-reliant power producer may be primed for a sharp shift towards cleaner energy policies.
Emirati agribusiness Al Dahra is in talks to acquire more agricultural land in Egypt, two sources with direct knowledge of the matter said, in a deal that could reduce Cairo's dependence on imports of staple crops but also reignite water use concerns.
Nordic property companies are likely to further write down the value of their real estate in the upcoming results season, analysts said, as rapidly rising interest rates have taken their toll on the highly indebted sector.
Brookfield, through its affiliate Brookfield Reinsurance, is weighing entering Britain's burgeoning pension insurance industry and is open to an acquisition to bolster growth, three people familiar with the matter told Reuters.
Copper prices edged lower on Tuesday as the U.S. dollar regained footing ahead of Federal Reserve Chair Jerome Powell's speech this week, while investors remained cautious over the risk of an escalation in the Middle East war on global economy.
Mitsubishi Corp is considering bidding for Fujitsu's chip packaging unit Shinko Electric Industries, two sources said, as Japan's top trading house weighs an entry into semiconductor manufacturing.
Israel's shekel stayed above the psychologically key level of four per U.S. dollar on Tuesday after briefly touching the level on Monday for the first time since 2015 on investor worries over Israel's war with the Palestinian militant group Hamas.
Australian shares closed higher on Tuesday, led by banks and miners after Rio Tinto reported a strong quarterly output, while the minutes of the central bank's latest policy meeting showed further tightening may be required to bring inflation to heel.
(RTTNews) - Snapping the two-session losing run, the Japanese shares are trading significantly higher on Tuesday, following the broadly positive cues from global markets overnight. The Nikkei 225 is moving above the 31,900 level, with gains across most sectors led by exporters an
he United States signed a new 20-year agreement on Monday on economic assistance to the Marshall Islands worth $2.3 billion to the strategic Pacific island nation, chief U.S. negotiator Joseph Yun told Reuters.