Germany to Place Rheinmetall Ammunition Order Worth $130 Million
Germany is poised to place its latest major order with a domestic defense manufacturer in a push to replace depleted stocks of ammunition for rapid-fire howitzers supplied to Ukraine.
Germany is poised to place its latest major order with a domestic defense manufacturer in a push to replace depleted stocks of ammunition for rapid-fire howitzers supplied to Ukraine.
China agreed another decades-long liquefied natural gas deal with Qatar in a further move to safeguard its energy security.
Lanxess AG’s stock slumped the most on record after the German chemical company said weak demand from its industrial customers will weigh on earnings this year, dragging rivals lower as well.
A top Chinese central bank official called for persistent efforts to tackle corruption and better training for younger staff after a former deputy governor was arrested on suspicion of bribery.
Analysts are rushing to raise target prices on Japanese trading companies as Warren Buffett’s increased holdings drive their shares to record highs.
Alibaba Group Holding Ltd. is replacing eight-year veteran chief Daniel Zhang at the helm of a Chinese e-commerce leader bleeding market share and struggling to revive growth in the post-Covid era.
Hedge funds that deploy a basket of computer algorithms for trading are gaining popularity in China after many investors got burned by human stock pickers.
Buybacks are the best avenue for Barclays Plc to boost its flagging share price, according to Jefferies analysts.
Abu Dhabi wealth fund ADQ held preliminary talks to buy boutique investment bank Lazard Ltd., according to people with knowledge of the matter, highlighting the emirate’s continued interest in acquiring a major financial institution.
Taiwan’s export orders plummeted in May for a ninth consecutive month as a global dropoff in demand for semiconductors showed little sign of abating.