By Yantoultra Ngui SINGAPORE (Reuters) -At least five companies from mainland China or Hong Kong are planning IPOs, dual listings, or share placements in Singapore in the next 12 to 18 months, four sources said, as Chinese firms look to expand in Southeast Asia amid global trade tensions. The companies include a Chinese energy company, a Chinese healthcare group, and a Shanghai-based biotech group ...
By Bo Erickson WASHINGTON (Reuters) -Moody’s downgrade of the U.S. sovereign credit rating has elicited mixed responses among Republicans in Congress, with some questioning the motive behind the change and others depicting it as a warning that lawmakers should heed as they wrestle with a sweeping tax and budget bill. The downgrade, announced on Friday evening, came only hours after a handful of ...
(This May 16 story has been refiled to say that Grant is the global deputy CEO of Danone (EPA:DANO), not the deputy CEO of Danone Americas, in paragraph 2) NEW YORK (Reuters) - Danone introduced a new protein shake under its Oikos yogurt brand this week as rivals Fairlife and Chobani that have similar products gain popularity with consumers and those taking weight-loss drugs such as Wegovy. The ...
NEW YORK (Reuters) - Moody’s on Friday downgraded the credit rating of the United States by a notch to "Aa1" from "Aaa", citing rising debt and interest "that are significantly higher than similarly rated sovereigns." U.S. President Donald Trump’s sweeping tax bill failed to clear a key procedural hurdle on Friday, as hardline Republicans demanding deeper spending cuts blocked the measure in a ...