Broker McGill offers property war reinsurance for Ukraine
LONDON (Reuters) – Broker McGill and Partners has launched a commercial property war risk reinsurance programme for Ukraine, which it said on Thursday was the first of its kind since Russia’s invasion of the country in Feb 2022. Companies in…
Japan stocks lower at close of trade; Nikkei 225 down 0.27%
Investing.com – Japan stocks were lower after the close on Wednesday, as losses in the Power, Transportation Equipment and Warehousing sectors led shares lower. At the close in Tokyo, the Nikkei 225 fell 0.27%. The best performers of the session…
Indonesia e-commerce firm Bukalapak to stop selling physical goods as competition mounts
JAKARTA (Reuters) – Indonesian e-commerce firm Bukalapak said on Tuesday that it would stop selling physical items on its marketplace soon, amid tough competition from TikTok’s Tokopedia and Sea’s Shopee in Southeast Asia’s largest economy. Bukalapak, which went public in…
Roche to complete $1.5 billion acquisition of U.S. biopharma company Poseida
ZURICH (Reuters) -Roche on Wednesday said it planned to complete its purchase of U.S. biopharmaceutical company Poseida Therapeutics , a specialist in complex immune cell therapies to treat several types of blood cancer. Roche said it has accepted for payment…
GM faces class action in Australia over Holden transmission issues
(Reuters) – Australian law firm Maurice Blackburn said it had filed a class action lawsuit against U.S. carmaker General Motors (NYSE:GM)’ local unit, alleging the transmission systems of certain models of its now-defunct GM Holden brand were defective. The class…
Taiwan stocks higher at close of trade; Taiwan Weighted up 0.44%
Investing.com – Taiwan stocks were higher after the close on Wednesday, as gains in the Other Electronic, Biotech & Medical Care and Information Services sectors led shares higher. At the close in Taiwan, the Taiwan Weighted gained 0.44% to hit…