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European telcos set to win fight with Big Tech, could set global agenda
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Roche names Sause head of diagnostics arm
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Moderate Bosniak candidate leads in race for presidency seat
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Franklin Resources has 5.7% Adecco stake – filing
Asia’s factory activity weakens on global slowdown, cost pressures
Date: October 3, 2022
By Leika Kihara TOKYO (Reuters) – Asia’s factory output mostly weakened in September as slowing demand in China and advanced economies added to the pain from persistent cost pressures, surveys showed on Monday, clouding the region’s economic recovery prospects. Manufacturing activity shrank in Taiwan and Malaysia, and grew at a slower pace in September compared...
China’s Sinopec intends to de-list ADSs from London Stock Exchange
Date: October 3, 2022
(Reuters) – China Petroleum and Chemical Corp, the world’s biggest oil refiner by capacity, said on Monday it intended to de-list its American Depositary Shares (ADSs) trading on the London Stock Exchange (LSE). The firm, known as Sinopec, said its board had already approved the de-listing of ADSs from the LSE, which are intended to...
South African president Ramaphosa to make state visit to UK
Date: October 3, 2022
LONDON (Reuters) – South African President Cyril Ramaphosa will make a state visit to Britain, Buckingham Palace said on Monday, the first such visit since King Charles succeeded his late mother Queen Elizabeth last month. Ramaphosa and his wife, Tshepo Motsepe, have accepted an invitation from the new British monarch for the Nov. 22-24 state...
Tesla’s logistical challenges overshadow record deliveries
Date: October 3, 2022
By Hyunjoo Jin and Mrinmay Dey -Tesla Inc on Sunday announced lower-than-expected electric vehicle deliveries in the third quarter, as logistical challenges overshadowed its record deliveries. The top electric car maker said “it is becoming increasingly challenging to secure vehicle transportation capacity and at a reasonable cost,” but some analysts were also concerned about demand...
EU leaders to discuss next steps on energy, Ukraine
Date: October 3, 2022
BRUSSELS (Reuters) – EU country leaders will discuss how to step up support for Ukraine and their joint next steps to tame soaring energy prices when they meet on Friday. In a meeting invitation letter to EU leaders published on Sunday, European Council President Charles Michel called for a firm EU response to recent developments,...
UK cabinet was not informed of plans to scrap top rate of tax, Truss says
Date: October 3, 2022
BIRMINGHAM, England (Reuters) – British Prime Minister Liz Truss said on Sunday her cabinet of top ministers was not informed in advance that the government planned to abolish the top rate of tax, adding it was a decision taken by finance minister Kwasi Kwarteng. The government sparked turmoil in financial markets last month after Kwarteng...