business

Image for Schroders seeks buyers for its Indonesian unit with $4 billion in assets, sources say

Finance

Schroders seeks buyers for its Indonesian unit with $4 billion in assets, sources say

Image for Munich Re targets 6 billion eur in net profit for 2025

Finance

Munich Re targets 6 billion eur in net profit for 2025

Image for SoftwareOne confirms it is in talks to acquire rival Crayon

Finance

SoftwareOne confirms it is in talks to acquire rival Crayon

Image for Exclusive-Aviva's India officials approved brokerage model queried by taxmen

Finance

Exclusive-Aviva's India officials approved brokerage model queried by taxmen

Image for Swiss Re targets net income of more than $4.4 billion for 2025

Swiss Re targets net income of more than $4.4 billion for 2025

Date: December 13, 2024

(Reuters) -Swiss reinsurer Swiss Re on Friday said it is targeting net income of $4.4 billion for 2025, compared to a mean net income estimate of $4.42 billion for 2025 provided by LSEG. The company...

Image for Lilly's Mounjaro more popular than Wegovy in UK's private obesity drug market

Lilly's Mounjaro more popular than Wegovy in UK's private obesity drug market

Date: December 13, 2024

By Maggie Fick LONDON (Reuters) - Britons paying privately for obesity drugs are increasingly choosing Eli Lilly's Mounjaro over Novo Nordisk's Wegovy, online pharmacies say, in a sign the U.S....

Image for Analysis-Worker shortages raise doubts over Britain's plan to build for growth

Analysis-Worker shortages raise doubts over Britain's plan to build for growth

Date: December 13, 2024

By Suban Abdulla WORCESTER, England (Reuters) - An acute shortage of construction workers could undermine the foundations of British government plans to get 1.5 million homes built by 2029 in England...

Image for Morning Bid: Global rate cuts put dollar in driver's seat

Morning Bid: Global rate cuts put dollar in driver's seat

Date: December 13, 2024

A look at the day ahead in European and global markets from Stella Qiu The rash of rate cuts over the past few days, with outsized 50 bp moves in Switzerland and Canada and a 25 bp easing by the...

Image for Japan's Kansai Electric buys into Iberdrola's 1.3 billion euro offshore wind project in Germany

Japan's Kansai Electric buys into Iberdrola's 1.3 billion euro offshore wind project in Germany

Date: December 13, 2024

TOKYO (Reuters) - Japan's Kansai Electric Power Co has agreed to take a 49% stake in Iberdrola's Windanker offshore wind project in Germany, the company said on Friday, expanding a partnership with...

Image for Asian shares fall, long-dated Treasuries set for worst week in a year

Asian shares fall, long-dated Treasuries set for worst week in a year

Date: December 13, 2024

By Stella Qiu SYDNEY (Reuters) - Asia shares fell on Friday as a strong dollar kept risk sentiment fragile, while longer-dated Treasury yields are heading for their biggest weekly rise this year as...