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11 Feb

Activist shareholder Quarz objects to terms of $3 billion Singapore REIT merger

SINGAPORE (Reuters) -Activist investor Quarz Capital Management said it is opposed to the terms of a proposed S$4.2 billion ($3.1 billion) merger of two Temasek-linked Singapore real estate investment trusts, saying the target firm was significantly undervalued.

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11 Feb

India's textile industry revs up, giving hope on jobs for PM Modi

At Texport Industries' factories in India's south, thousands of mostly women workers are busy converting yarn and fabrics into T-shirts, shirts, spaghetti tops and kids' clothes for U.S. customers of Tommy Hilfiger and Kohl's Corp.

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10 Feb

Fed to stress test banks against commercial real estate, corporate debt troubles in 2022

The U.S. Federal Reserve announced on Thursday that its 2022 round of large bank stress tests will include a severe decline in commercial real estate prices and turmoil in corporate bond markets.

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10 Feb

Coca-Cola, criticized for plastic pollution, pledges 25% reusable packaging

The Coca-Cola Company on Thursday said it will aim for 25% of its packaging globally to be reusable by 2030, a move hailed by environmental groups who have called out the soft-drink maker for worldwide plastic pollution.

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10 Feb

U.S. Senator Warren 'urges' SEC chief to issue new climate rule after delays

Democratic U.S. Senator Elizabeth Warren criticized the U.S Securities and Exchange Commission (SEC) on Thursday for delays to its landmark climate change risk disclosure rules and called for "quick action" on the issue.

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10 Feb

Fed's loudest hawk ramps up odds for monster rate hike after hot inflation data

NEW YORK (Reuters) -Federal funds rate futures on Thursday have boosted the chances of a half percentage-point tightening by the Federal Reserve at next month's meeting after hawkish comments from St. Louis Fed President James Bullard and following hotter-than-expected U.S. consumer prices data for January.

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10 Feb

OnlyFans jumps into NFT profile pictures

OnlyFans, an online subscription platform known for adult content, has launched a feature for users to display verified NFTs as profile pictures, it said on Thursday.

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