NYK Daily

Business

Evergrande Property’s Hong Kong IPO meets with lukewarm reception, raises $1.8 billion

Evergrande Property Services Group’s Hong Kong IPO priced at the lower end of expectations to raise $1.8 billion, sources said, the tepid...

Disney to lay off about 32,000 workers in first half of 2021

Walt Disney Co said on Wednesday it would lay off 32,000 workers, primarily at its theme parks, an increase from the 28,000...

Stocks dip on U.S. jobs data, oil climbs further

Stocks edged back from record highs on Wednesday as Wall Street bumped up against underwhelming economic data, while oil continued to rise...

Renault to replace Flins car assembly plant with recycling centre

Renault will discontinue car assembly operations at its Flins factory outside Paris and turn the site into a research, recycling and repair...

Norway real estate firm Entra rejects second Swedish suitor

Norwegian real estate firm Entra has turned down a proposed takeover by Sweden’s Castellum, the two companies said on Wednesday, sending Entra’s...

Prysmian to spend 450 million euros by 2022 to accelerate net-zero emissions plan

Italy’s Prysmian said on Wednesday it would spend around 450 million euros ($535.32 million) of its planned investments by 2022 to speed...

Oil shrugs off U.S. inventory gain amid sustained vaccine rally

Oil rose for a fourth straight session on Wednesday as the market shrugged off an industry report showing U.S. crude stockpiles rose...

SCOR CEO sees double-digit reinsurance rate rises

Reinsurance rates are likely to rise in the double-digit percentage point range at key Jan 1 renewals, Denis Kessler, chairman and chief...

L&G CEO backs changes to UK insurance rules after Brexit transition

Nigel Wilson, CEO of British insurer Legal & General, said on Tuesday he backed potential changes to the way the industry is...

Latest articles

India-Scotland develop Recycling System and Wastewater Treatment

A team of interdisciplinary researchers from Scotland in collaboration with Indian Institute of Science (IISc) have developed an efficient decentralised wastewater treatment...

MiG-29K Indian Pilot still missing, Warships and Planes on Hunt

Nine warships, 14 aircraft as well as Indian Navy fast interceptor craft have been deployed to trace the missing pilot of a...

Mexico reports more than 6,000 new COVID-19 cases

Mexico's Health Ministry reported 6,388 more COVID-19 cases on Sunday, bringing the national count to 1,107,071. The ministry said...

US reports over 100k new Covid-19 cases for 27th consecutive day

The US, currently the worst-hit country in the world due to the Covid-19 pandemic, has reported more than 100,000 new confirmed cases...
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