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BERLIN (Reuters) - Between seven and 10 companies have made non-binding offers for Schenker, the logistics subsidiary of German national rail company Deutsche Bahn, the Handelsblatt business daily reported on Wednesday, citing sources familiar with...
BEIJING (Reuters) -China's industrial firms posted higher profits in the opening months of the year, official data showed on Wednesday, reinforcing signs that an economic recovery was gaining traction despite persistent sluggishness in the property sector. Profits at China's industrial firms jumped 10.2% in the first two months from a year earlier, National Bureau of Statistics (NBS) data showed, following a 2.3% profit decline for the whole of 2023. "After an upside surprise to industrial production to start the year, a further recovery of industrial profits sends another sig...
South Korea's SK Hynix, an Nvidia supplier, expects high-bandwidth memory chips used in artificial intelligence chipsets to take up double-digit percentage of its DRAM chip sales in 2024, up from...
Between seven and 10 companies have made non-binding offers for Schenker, the logistics subsidiary of German national rail company Deutsche Bahn, the Handelsblatt business daily reported on... -March 27, 2024 at 02:01 am EDT - MarketScreener
SYDNEY (Reuters) -Australia's housing shortage may be driving prices higher but is locking out first-time homeowners and migrants needed to fill skills shortages across the country, the CEOs of Australia's three largest banks said on Tuesday. After years of ultra-low interest rates pushed home prices higher, Australia faces a long-term drop in the number of younger people buying homes, which could mean more people retiring in weaker financial positions, according to a 2023 government report. At a banking conference in Sydney, the heads of Commonwealth Bank, National Australia Bank ...