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StanChart to sell jet leasing arm to Saudi wealth fund unit for $3.6 billion - Vimarsana News

StanChart to sell jet leasing arm to Saudi wealth fund unit for $3.6 billion

By Rishav Chatterjee (Reuters) -Standard Chartered said on Monday it was selling its global aviation finance leasing business to Saudi Arabia-based Av...

Source: wsau.com
Australia's Wesfarmers warns of elevated inflation, posts 5% rise in profit - Vimarsana News

Australia's Wesfarmers warns of elevated inflation, posts 5% rise in profit

(Reuters) -Wesfarmers Ltd cautioned on Friday that persistent elevated inflationary pressures and higher interest rates are expected to affect demand in

Australia's Wesfarmers warns of elevated inflation; lithium business to grow - Vimarsana News

Australia's Wesfarmers warns of elevated inflation; lithium business to grow

Wesfarmers Ltd cautioned on Friday that persistent inflation pressures and higher interest rates are expected to affect demand in parts of the Australian economy, as the conglomerate posted...

Malaysia's Sime Darby surges on plans to buy $768 million majority stake in UMW - Vimarsana News

Malaysia's Sime Darby surges on plans to buy $768 million majority stake in UMW

Shares in Malaysian conglomerate Sime Darby opened about 5% higher on Friday, a day after it disclosed plans to buy a majority stake in local industrial group UMW Holdings for 3.57 billion ringgit...

Australia's Wesfarmers boosts profit on Kmart rush as hardware cools - Vimarsana News

Australia's Wesfarmers boosts profit on Kmart rush as hardware cools

By Archishma Iyer and Byron Kaye (Reuters) -Australian conglomerate Wesfarmers Ltd said annual profit rose 4.8%, just ahead of analyst forecasts, as