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U.S. senator slams Apple, Amazon, Nike, for enabling forced labor in China

A U.S. senator on Thursday slammed American companies, including Amazon.com Inc, Apple Inc and Nike Inc, for turning a blind eye to allegations of forced labor in China, arguing they were making American consumers complicit in Beijing's repressive policies.

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S&P 500 headed for record high as inflation seems temporary

(For a live blog on the U.S. stock market, click or type LIVE/ in a news window.)
* Prominent meme stocks snap rally
* Boeing gains on possible UAL order
* Pfizer rises on news of US govt deal
* Industrials lag on infrastructure bill uncertainty
* Indexes up: Dow 0.37%, S&P 0.59%, Nasdaq 0.78% (Updates to late afternoon; changes dateline, byline)
June 10 (Reuters) - Wall Street stocks rose on Thursday, with the S&P 500 on course to hit an all-time closing high, as the much-anticipated consumer price index report signaled that the current inflation wave will be transitory.
All three major U.S. stock indexes were higher, with market-leading megacap stocks putting the Nasdaq out front. But economically sensitive transports and smallcaps were in negative territory.

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US STOCKS-S&P 500 closes at record high as long-term inflation fears abate

Wall Street stocks ended firmer on Thursday, with the S&P 500 hitting a record closing high, as economic data appeared to support the Federal Reserve's assertion that the current wave of heightened inflation will be temporary.

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Russian private health clinic group EMC eyes summer IPO - sources

By Reuters Staff
1 Min Read
MOSCOW, May 27 (Reuters) - Russian private health clinic operator European Medical Centre (EMC) is considering an initial public offering (IPO) as soon as this summer, three financial market sources told Reuters, amid a pick up in investor interest in Russian assets.
EMC, founded in 1989 to focus on medical care for foreigners living in Moscow, has been considering an IPO for at least a couple of years but has been waiting for the right market conditions.
After flotations by several Russian companies, including the $1 billion IPO of online retailer Ozon in November, EMC is now weighing up whether to proceed with a share offering of its own, the sources said.

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Hong Kong stocks drop near 2% as financials weigh

* China Enterprises index HSCE drops 1.28%
* HSI financial sub-index sinks 2.1%; property sector down 1%
HONG KONG, May 3 (Reuters) - Hong Kong stocks fell on Monday, with financials leading the slide, as investors locked in gains after a recent rally, while many kept to the sidelines as China markets remain closed.
By lunch break, the Hang Seng index was down 424.36 points, or 1.48%, at 28,300.52. The Hang Seng China Enterprises index fell 1.28% to 10,686.87.
The sub-index of the Hang Seng tracking energy shares slid 0.4%, while the IT sector dipped 0.94%, the financial sector fell 2.11% and the property sector was down 1.04%.
** China’s stock and bond markets, as well as its foreign exchange and commodity futures markets, are closed on May 1-5 for the Labour Day holiday. Trade will resume on May 6.

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UPDATE 2-Australia's Link Administration says Carlyle, Pacific Equity Group drops $2.2 bln bid

* 44% stake in online real estate firm PEXA has stoked bid interest

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HK shares rise as financials, consumer stocks gain on earnings boost

* Yum China, WH Group gain on strong Q1 earnings
* China set to report first population drop since 1949
SHANGHAI, April 28 (Reuters) - Hong Kong shares closed higher on Wednesday, with financials and consumer staples leading gains on the back of strong corporate earnings, while investors await cues on policy from politburo meetings due later this week. At the close of trade, the Hang Seng index was up 129.80 points or 0.45% at 29,071.34. The Hang Seng China Enterprises index rose 0.28% to 11,014.69. The sub-index of the Hang Seng tracking energy shares rose 0.1%, while the IT sector edged up 0.16%, the financial sector ended 0.97% higher and the property sector dipped 0.14%.

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Shares in Italy's DiaSorin jump after $1.8 billion Luminex acquisition

3 Min Read
MILAN (Reuters) -Shares in DiaSorin jumped as much as 10% on Monday after the Italian diagnostics group said it was buying U.S. rival Luminex Corp in a $1.8 billion all-cash deal that strengthens its molecular business.
The global coronavirus pandemic has fuelled rapid growth at the company’s molecular division, which accounted for 29% of 2020 sales.
The Luminex acquisition consolidates DiaSorin’s presence in the U.S. market and strengthens its position in molecular diagnostics to help offset an expected drop in demand for COVID-19 molecular tests as the vaccine rollout progresses.
The move follows a similar acquisition last month by Swiss pharma group Roche, which bought GenMark Diagnostics in a $1.8 billion deal to fill a testing portfolio gap.

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DiaSorin strikes $1.8 billion Luminex deal to dodge 'COVID cliff'

Italian diagnostics firm DiaSorin has agreed to buy U.S. rival Luminex Corp for $1.8 billion in a move that could boost its molecular business and offset a potential drop in demand for COVID-19 tests as the pandemic is brought under control.

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Italian diagnostics group DiaSorin to buy Luminex for $1.8 billion

Italian diagnostics group DiaSorin SpA said on Sunday it will acquire U.S. based Luminex Corp for $1.8 billion in an all-cash deal that will strengthen DiaSorin's molecular diagnostics technology.

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