Business
M&T Bank Corp beats profit estimates as interest income doubles
(Reuters) – M&T Bank Corp beat Wall Street estimates for first-quarter profit on Monday, as the U.S. Federal Reserve’s rapid rate hikes…
Business
Porsche posts record Q1 sales rise boosted by China
(Reuters) -Porsche AG posted a record year-on-year sales increase of 18% in the first quarter, boosted by China sales, the company said…
Business
Malaysia plans to set up second 5G network from next year -sources
(This April 16 story has been corrected to say “setbacks”, not “delays”, in paragraph 2) By Rozanna Latiff and Yantoultra Ngui KUALA…
Business
Agnellis’ Exor eyes further healthcare investment for expansion
By Giulio Piovaccari MILAN (Reuters) -Exor the holding company of Italy’s Agnelli family, will seek further opportunities to expand in healthcare after…
Business
Merck to build out immunology presence with $11 billion Prometheus deal
By Michael Erman (Reuters) -Merck & Co said on Sunday it will buy Prometheus Biosciences Inc for about $10.8 billion, picking up…
Business
France’s Ynsect to refocus bug business after capital increase
By Sybille de La Hamaide PARIS (Reuters) – French insect-based ingredients maker Ynsect will refocus its strategy on high-margin markets like pet…
Business
Analysis-New BOJ head’s message to world: We’re staying the course – for now
By Leika Kihara WASHINGTON (Reuters) – Japan’s new central bank Governor Kazuo Ueda gave a clear message to policymakers gathered for global…
Business
Teck approached by other companies while fending off Glencore offers -Globe and Mail
(Reuters) -Teck Resources Ltd has been approached by a unit of Vale SA, Anglo American Plc and Freeport-McMoRan Inc to explore deals…
Business
Marketmind: Are we calling it a banking crisis, shock … or blip?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Top-tier Chinese economic data including…
Business
Panasonic says it may build EV battery plant in Oklahoma
TOKYO (Reuters) -Japan’s Panasonic Holdings, a battery supplier to electric vehicle maker Tesla Inc, said on Sunday that it is considering building…