Squid News – Page 30 – Just another WordPress site

Japan’s Mitsubishi to boost stake in canned tuna producer Thai Union Group

TOKYO (Reuters) -Mitsubishi has made an offer to increase its stake in Thai Union Group Public Company Limited, a major canned tuna producer, to 20% from 6.19%, both companies said on Monday, as the Japanese trading house expands further into the food business. Mitsubishi was seeking to buy 532,273,639 shares in the company, or 13.81%, …

Japan’s Mitsubishi to boost stake in canned tuna producer Thai Union Group Read More »

Switzerland could revise offer on Trump tariffs, business minister says

By John Revill ZURICH (Reuters) -The Swiss government is open to revising its offer to the United States in response to planned heavy tariffs, Business Minister Guy Parmelin said, as experts warned the 39% import duties announced by President Donald Trump could trigger a recession in Switzerland. Switzerland was left stunned on Friday after Trump …

Switzerland could revise offer on Trump tariffs, business minister says Read More »

China Mobile buys over 14% stake in HKBN for $138 million

(Reuters) -China Mobile, the world’s biggest wireless carrier by users, said on Monday it had bought a 14.4% stake in Hong Kong-based broadband service provider HKBN for HK$1.08 billion ($137.58 million). The deal gives China Mobile a nearly 30% stake in one of the largest telecommunication operators in Hong Kong that it first expressed interest …

China Mobile buys over 14% stake in HKBN for $138 million Read More »

Inpex awards some contracts in engineering design for Indonesian LNG project

TOKYO (Reuters) -Japanese oil and gas explorer Inpex Corp said on Monday it has awarded a few contracts for early-stage design work for its $20 billion Abadi liquefied natural gas project in the Masela block in Indonesia. The move shows that the early design process is making progress toward the final investment decision for the …

Inpex awards some contracts in engineering design for Indonesian LNG project Read More »

Morning Bid: Buy the dip, we can worry about jobs later

(Reuters) -A look at the day ahead in European and global markets from Wayne Cole. It’s been a case of buy the dip so far on Monday as U.S. and European stock futures edge up, along with the dollar. The Nikkei suffered a delayed reaction to Friday’s Wall Street rout and a jump in the …

Morning Bid: Buy the dip, we can worry about jobs later Read More »

India regulator calls for structural reforms in derivatives trading, FT reports

(Reuters) -India’s markets regulator is advocating “structural reforms” for the country’s derivatives market, following measures to limit retail participation and a temporary ban on U.S. trading firm Jane Street over alleged manipulation, the Financial Times reported on Monday. The Securities and Exchange Board of India Chair Tuhin Kanta Pandey told the newspaper that the regulator …

India regulator calls for structural reforms in derivatives trading, FT reports Read More »

Key Asian fuel exporters boost jet fuel sales to Europe in July, sources say

(Corrects percentage in July 2025 flight numbers compared with 2019 in paragraph 9) By Trixie Yap SINGAPORE (Reuters) -Jet fuel exports from South Korea, China and Southeast Asia to Europe likely hit a multi-year high in July as traders shipped out excess regional supply to cash in on higher European prices, according to shiptracking data …

Key Asian fuel exporters boost jet fuel sales to Europe in July, sources say Read More »

Malaysian palm oil firm FGV to be delisted on August 28

KUALA LUMPUR (Reuters) -Malaysia’s FGV Holdings, one of the world’s largest palm oil producers, will be delisted on August 28 after being taken over by a state-owned body. FGV said last week the Federal Land Development Authority (Felda) had gained more than the 90% of the company’s shares required for a takeover. The offer runs …

Malaysian palm oil firm FGV to be delisted on August 28 Read More »

Vietnam’s Vingroup plans $14 billion seaport, logistics centre in Haiphong

HANOI (Reuters) -Vietnam’s Vingroup plans to invest 373.8 trillion dong ($14 bln) in a seaport and logistics centre in the city of Haiphong in the country’s north, it said in a filing. The project is to be developed over three stages up to 2040, the company said in a filing to the Ho Chi Minh …

Vietnam’s Vingroup plans $14 billion seaport, logistics centre in Haiphong Read More »

India’s Godrej Properties plans its largest-ever bond issue, sources say

By Dharamraj Dhutia MUMBAI (Reuters) -Godrej Properties, the real estate unit of India’s Godrej Industries, is set to tap the corporate bond market later this month with its largest issue to date, three sources aware of the matter said. The real estate developer is likely to raise around 20 billion rupees ($230 million) through the …

India’s Godrej Properties plans its largest-ever bond issue, sources say Read More »