ASXPAC

Russia says it won’t accept oil price cap and is preparing response

Dec 3 (Reuters) – Russia “will not accept” a price cap on its oil and is analyzing how to respond, the Kremlin said in comments reported on Saturday, in response to a deal by Western powers aimed at limiting a key source of funding. for its war in Ukraine. Kremlin spokesman Dmitry Peskov said Moscow …

Russia says it won’t accept oil price cap and is preparing response Read More »

Soccer World Cup fans see double standard in stadium politics ban

Fan representative says inconsistency a ‘real problem’ Security clamps down on support for Iran protests Slogans showing support for Palestinians allowed DOHA Dec 2 (Reuters) – When is it and is it not acceptable to display a political banner at the World Cup in Qatar? The answer seems to depend largely on the political message, …

Soccer World Cup fans see double standard in stadium politics ban Read More »

IPO market nearly paused, but exchange leaders expect 2023 boost

NEW YORK, Dec 1 (Reuters) – A global slowdown in initial public offerings due to heightened market volatility and a regulatory cloud over new listings from China has created pent up demand that could lead to an IPO boom in 2023, industry executives told the Reuters. NEXT conference. Global IPOs hit record-high levels in 2021, …

IPO market nearly paused, but exchange leaders expect 2023 boost Read More »

US urges caution on low-quoted Russian oil prices as EU price debates cap

NEW YORK, Nov 30 (Reuters) – The Biden administration broke its silence on Wednesday on European Union deliberations over a $65-70 per barrel Russian oil price cap on Wednesday, warning far-lower prices cited for some Russian Urals crude shipments should be approached with caution. A US official told Reuters that recently quoted Urals prices in …

US urges caution on low-quoted Russian oil prices as EU price debates cap Read More »

Kronospan’s remedies did not address concerns on the Polish deal, EU’s Vestager says

BRUSSELS, Nov 30 (Reuters) – Austrian wood panel maker Kronospan failed to allay EU antitrust concerns over its bid for German wood maker Pfleiderer’s Polish unit, EU antitrust chief Margrethe Vestager said on Wednesday after the companies scrapped the deal. The European Commission opened a full-scale investigation into the deal in April and had subsequently …

Kronospan’s remedies did not address concerns on the Polish deal, EU’s Vestager says Read More »

Hong Kong sees IPO slowdown reversing; eyes international issuers

HONG KONG, Nov 30 (Reuters) – Hong Kong has more than a hundred applicants in the pipeline for initial public offerings (IPOs) and is eyeing more companies and investors from markets including the Middle East and Southeast Asia, the city’s chairman of the Bourse. operator said. China’s economic slowdown, a sweeping regulatory crackdown that has …

Hong Kong sees IPO slowdown reversing; eyes international issuers Read More »

Analysis: Apple supply chain data shows receding exposure to China as risks mount

SHANGHAI, Nov 30 (Reuters) – Apple Inc’s (AAPL.O) wide exposure to Chinese manufacturing, notable both for its low costs and rising risks, has receded since the COVID-19 pandemic began, company supply chain data shows. With the world’s biggest iPhone factory, operated in central China by Foxconn (2317.TW), battling production shortfalls and labor unrest spurred largely …

Analysis: Apple supply chain data shows receding exposure to China as risks mount Read More »

Syria steps up fuel rationing as shortages hit mobile network

BEIRUT, Nov 29 (Reuters) – Syria announced cuts on Tuesday to the amount of fuel it provides to government workers to help cope with shortages that have led a number of mobile phone towers to go offline. Prime Minister Hussein Arnous ordered a 40% reduction in the amount of fuel provided to government workers and …

Syria steps up fuel rationing as shortages hit mobile network Read More »