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10 Feb

China suspends Lithuanian beef imports as Taiwan row grows

BEIJING (Reuters) -China has suspended imports of beef from Lithuania since Wednesday, the General Administration of Customs said, amid a growing trade spat with the Baltic nation and its Western allies centred on Chinese-claimed Taiwan.

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10 Feb

Delivery Hero sees 2022 revenue between 9.5 billion and 10.5 billion euros

German online takeaway food company Delivery Hero expects revenue in a range of 9.5 billion to 10.5 billion euros($10.85 billion to $12 billion) in 2022, it said on Thursday.

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10 Feb

India's retail inflation likely reached RBI's 6% upper limit in January

BENGALURU (Reuters) -India's retail inflation likely accelerated to 6.0% in January, the upper limit of the Reserve Bank of India's tolerance band, driven by higher consumer goods and telecom prices along with a comparatively low rate a year ago, a Reuters poll found.

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10 Feb

France's SocGen quadruples profit, expects improved profitability

PARIS (Reuters) -French lender Societe Generale on Thursday reported a near quadrupling of fourth-quarter profit on lower pandemic-related charges and a rebound in retail banking and equity trading.

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10 Feb

India's ShareChat to acquire local rival MX's short-video app -sources

NEW DELHI (Reuters) -The parent company of India's ShareChat will acquire local rival MX's short-video platform in an around $700 million deal, two sources told Reuters, as competition heats up in the sector where foreign investors have placed major bets.

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10 Feb

India's retail inflation likely reached RBI's 6% upper limit in January: Reuters poll

India's retail inflation likely accelerated to 6.0% in January, the upper limit of the Reserve Bank of India's tolerance band, driven by higher consumer goods and telecom prices along with a comparatively low rate a year ago, a Reuters poll found.

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10 Feb

Exclusive-Activist investor Quarz opposes terms of $3 billion Singapore REIT merger

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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