Gold prices climb as tariff jitters lift safe-haven demand
Jewellery is displayed at the Gold Souk market in Dubai, United Arab Emirates, March 14, 2025. REUTERS June 2 (Reuters) – Gold prices rose more than 1% on Monday as an escalation in the Russian war in Ukraine and U.S. President Donald Trump’s fresh threat to double tariffs on imported steel and aluminium prompted […]
Leela hotels owner Schloss drops about 7% in India debut
The Leela logo and words “Schloss Bangalore Limited” are seen in this illustration taken May 20, 2025. REUTERS June 2 (Reuters) – Shares of Schloss Bangalore owner of luxury hotel chain “The Leela”, debuted 6.7% lower on Monday, valuing the company at 137.97 billion rupees ($1.62 billion). The stock listed at 406 rupees on India’s […]
Kohli closes in on long-awaited IPL title
Cricket – Indian Premier League – IPL – Qualifier 1 – Punjab Kings v Royal Challengers Bengaluru – Maharaja Yadavindra Singh International Cricket Stadium, New Chandigarh, India – May 29, 2025 Royal Challengers Bengaluru’s Virat Kohli during the match REUTERS NEW DELHI, June 2 (Reuters) – Virat Kohli’s trophy cabinet is chock full of awards […]
India lures foreign investors back with big ticket block trades
People work at the National Stock Exchange (NSE) stall during the Global Fintech Fest in Mumbai, India, August 29, 2024. REUTERS Traffic moves past high-rise buildings in Mumbai, India, March 7, 2024. REUTERS SYDNEY/SINGAPORE, June 2 (Reuters) – Foreign investors are starting to head back into Indian stocks after a major exodus, attracted by […]
Australian job ads fall for second month in May, ANZ-Indeed data shows
A sales assistant is seen through the window of a retail store displaying a job vacancy sign in central Sydney, Australia, December 5, 2016. Picture taken December 5, 2016. REUTERS SYDNEY, June 2 (Reuters) – Australian job advertisements fell for a second successive month in May in a sign that the tight labour market may […]
Citi names Bank of America veteran Zhang as new China country head
An ATM machine is seen inside a branch of Citibank in Beijing, China, April 18, 2016. REUTERS HONG KONG, June 2 (Reuters) – Citigroup said on Monday it had appointed Wenjie Zhang as its new country officer and banking head for China, after the exit of its former China head in November. Zhang was also […]
China robotaxis, Indian pharma among hedge fund top picks at Sohn Hong Kong
A car of Baidu’s autonomous ride-hailing service platform Apollo Go drives on a street in Shenzhen, Guangdong province, China July 29, 2022. REUTERS HONG KONG, June 2 (Reuters) – Hedge funds revealed their top investment ideas, ranging from Chinese self-driving taxis, an Indian drug retailer, to a Korean nuclear plant builder, at the annual Sohn […]
KKR raises conditional offer for German IT services firm Datagroup
Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS (Reuters) – Frankfurt-listed IT services provider Datagroup SE (D6HG.DE), said on Sunday that KKR has made a conditional proposal to increase the potential acquisition offer to up to […]
Dior picks Jonathan Anderson as creative director, FT reports
A security guard looks out from the store of French luxury goods company Dior on 5th Avenue in New York City, U.S., May 23, 2025. REUTERS June 2 (Reuters) – Northern Irish designer Jonathan Anderson has been named creative director of women’s, men’s and haute couture collections of Dior, replacing Maria Grazia Chiuri who held […]
Steelmakers in South Korea, Vietnam tumble on Trump’s new tariffs
Cranes and shipping containers are seen at Pyeongtaek port in Pyeongtaek, South Korea, April 2, 2025. REUTERS SEOUL/HANOI, June 2 (Reuters) – Shares in South Korean and Vietnamese steelmakers, major Asian exporters of the metal to the United States, dropped on Monday after U.S. President Donald Trump said he would double tariffs on imported […]