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17 Jan

Macau casino operators gain billions as govt keeps licences at six, Sands China soars

HONG KONG (Reuters) -Shares of Macau's top casino operators racked up as much as HK$65.53 billion ($8.42 billion) on Monday - or 15% of their market value - as the government of the world's largest gambling hub retained the limit on casino licences to six.

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17 Jan

Unilever signals pursuit of GSK consumer arm; shares fall

(Reuters) -Unilever signalled on Monday it would pursue a deal for GlaxoSmithKline's consumer health business, calling it a "strong strategic fit" after its 50-billion-pound ($68.4 billion) offer was rejected, sending its shares down 6%.

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17 Jan

Delfin's Romolo Bardin resigns from Generali board

The Chief Executive of Leonardo del Vecchio's holding company Delfin, Romolo Bardin, has resigned from the board of Generali, Italy's top insurer said in a statement on Monday.

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17 Jan

China's 2021 GDP growth at decade high though momentum cooling

BEIJING (Reuters) -China's economy rebounded in 2021 with its best growth in a decade helped by robust exports but there are signs momentum is slowing on weakening consumption and a property downturn, pointing to the need for more policy support.

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17 Jan

China's economy loses steam as COVID-19 erupts, central bank cuts rates

BEIJING (Reuters) -China's economy rebounded in 2021 from its pandemic-induced slump helped by robust exports but weak consumption at the year-end and a property slowdown point to cooling momentum and the need for more policy support.

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17 Jan

Unilever says GSK consumer arm 'strong strategic fit' for business

(Reuters) -Dove soap maker Unilever signalled on Monday it would pursue a deal for GlaxoSmithKline's consumer health business, calling it a "strong strategic fit" after its 50-billion-pound approach ($68.4 billion) was rejected.

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17 Jan

China's Q4 GDP beats forecasts but momentum cooling

BEIJING (Reuters) -China's economic growth was faster than expected in the final quarter of 2021 but still its weakest pace in one-and-half years, with the central bank cutting loan rates to cushion slowing momentum in the world's second-largest economy.

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