Markets

Shares in French IT consulting firm Atos fell sharply on Thursday after the company disclosed that auditors had found accounting errors at two of the firm's U.S. units.

TAIPEI: Taiwan Semiconductor Manufacturing Company (TSMC) said on Thursday (Apr 1) it was planning to invest US$100 billion over the next three years to meet soaring demand as a global shortage of chips hits the auto and other industries. The announcement came after US chip titan Intel unveiled ......

THE losses that came with the blockage of the Ever Given container ship lodged along the Suez Canal is largely manageable for most insurers and reinsurers in spite of uncertainties around long-tail liability, said a Moody's Investors Service sector report on Thursday.

The blockage of the Suez Canal is likely to lead to large reinsurance claims, adding to upward pressure on marine reinsurance rates, James Vickers, chair of reinsurance broker Willis Re International, told Reuters.

British fashion retailer Next on Thursday reported a halving in annual pretax profit after COVID-19 lockdowns closed its stores but raised its forecast for a big rebound this year.

Liberty Steel owner Sanjeev Gupta said his business owed "many billions" of pounds to failed lender Greensill Capital but he expected other financiers to back him.

Mastercard Inc will invest US$100 million in Airtel Africa's mobile money operations valuing the business at US$2.65 billion, the London-listed company said on Thursday.

SHANGHAI: China overtook the United States to lead a boom in global green- bond issuance in the first quarter, but analysts said it needs to do more to draw investors to help fund President Xi Jinping's estimated US$21 trillion carbon neutrality pledge. Pending tasks include raising investor ...

Sanjeev Gupta's US$500 million purchase of Europe’s largest aluminium smelter from Rio Tinto in 2018 was the steel tycoon’s first big industrial deal financed through traditional bank debt.

Garment makers in nine countries spanning Asia, the Middle East and North Africa have banded together to demand better contract terms from global clothing retailers, according to a draft document seen by Reuters.