Lifestyle
Stocks to watch: Cordlife, Seatrium, Global Invacom, Zico
THE following companies saw new developments that may affect trading of their securities on Tuesday (Apr 9):
Europe: Stocks gain on German data as focus turns to ECB policy meeting
EUROPEAN shares climbed on Monday (Apr 8), led by cyclical stocks, after strong industrial production data from the region’s largest economy Germany, although there was a sense of caution...
Bain Capital to sell US$429 million stake in India’s Axis Bank, term sheet shows
BAIN Capital plans to sell stake worth US$429 million in Indian private lender Axis Bank on Tuesday (Apr 9), according to a term sheet seen by Reuters.
The private equity...
Lilly’s US$2.5 billion German plant will boost obesity-drug supply
ELI Lilly kicked off construction of a new plant to boost the production of its wildly popular weight-loss drugs, which have yet to gain a foothold in Europe.The factory...
Cocoa climbs as shortages in Ivory Coast keep market on edge
COCOA climbed in New York amid persistent concerns over shortages that have roiled the market and driven prices to a record high.Futures jumped as much as 4.1 per cent,...
Spirit Airlines to defer Airbus deliveries, furlough 260 pilots to save cash
SPIRIT Airlines said on Monday (Apr 8) it has reached an agreement with Airbus to delay all aircraft deliveries scheduled from the second quarter of 2025 through 2026 and...
JPMorgan says CEO transition a top board priority over medium term
JPMORGAN said on Monday (Apr 8) that an orderly CEO transition is the top priority for its board in the medium term.
The board is “spending significant time on developing...
China’s central bank adds more gold to its reserves in March
CHINA’S central bank added 160,000 troy ounces of gold to its reserves in March, it said, in line with the market view that persistent official sector demand had supported...
