Norwegian hydrogen company Nel is considering a spin-off and separate listing of its
fueling division in 2024, which has been under review since the
end of 2022, the company said on Wednesday.
(Reporting by Agata Rybska; Editing by Himani Sarkar)
((agata.rybska@thomsonreuters.com))
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The dollar inched up as traders brushed off U.S. manufactured goods data and awaited the Federal Reserve's preferred measure of inflation for clues on when the central bank may start cutting interest rates.
Just Eat Takeaway on Wednesday forecast a nearly 40% jump in its 2024 adjusted core earnings, ahead of expectations, citing strong momentum in its key British and Irish markets and good performance in other segments.
A corporate governance makeover has helped fuel the revival of Japan's once-moribund stock market. Now investors want to see if the change is for real.
South African fashion retailer Woolworths reported a 7.5% fall in half-year earnings on Wednesday, as consumers pulled back on discretionary spending and the country's energy and logistics crisis persisted.
China maintained its dominant grip on the export of solar panels and modules in 2023, boosting global shipments by over a third from 2022's totals, according to data compiled by energy think tank Ember.
French payment company Worldline on Wednesday posted a 6% rise in full-year revenue, but reported a net loss group share after it took a 1.15 billion euros ($1.25 billion) "goodwill impairment" linked to its merchant services activities.
Malaysian palm oil futures extended gains to a fourth straight session on Wednesday, tracking strength in rival vegetable oils, although weak export data limited gains.
China's state-owned Chongqing Changan Automobile Co Ltd is in talks to take over struggling Chinese electric vehicle maker Human Horizons, financial news outlet Yicai reported on Wednesday, citing Changan Chairman Zhu Huarong.
(RTTNews) - European stocks may open on a mixed note Wednesday as investors await key U.S. GDP and inflation readings along with speeches by Fed officials for fresh clues on the timing of the Federal Reserve's easing cycle.
Oil prices slipped in early Asian trade on Wednesday as the prospect of a delayed U.S. rate cutting cycle offset the boost provided by talk of extensions to production cuts from OPEC+.
New Zealand's central bank held the cash rate steady at 5.5% on Wednesday, as it reiterated that previous rate hikes had helped dampen prices but said that policy needs to remain restrictive for a while in order to bring inflation below its target band.
(RTTNews) - The Indonesia stock market on Tuesday ended the four-day losing streak in which it had slumped almost 70 points or 1 percent. The Jakarta Composite Index now sits just above the 7,285-point plateau and it may tick higher again on Wednesday.
(RTTNews) - Dutch Bros Inc. (BROS) announced pricing of registered underwritten public offering by certain selling stockholders associated with TSG Consumer Partners L.P. of 8 million shares of Dutch Bros' Class A common stock, par value $0.00001 per share at a public offering pr
Several major cryptocurrencies rallied on Tuesday amid news of growing crypto adoption and speculation surrounding the timing of the first spot Ethereum-centric exchange-traded fund (ETF) approvals.