Ocado upgrades technology arm, sending shares soaring
Britain's Ocado lifted its annual guidance on Tuesday, citing an improvement in the profitability of its warehouse technology business, reassuring investors and sending its shares up by 18%.
Reuters in asian news
Ping An Insurance to raise $3.5bn in bond deal, document shows
SYDNEY (Reuters) -- China's Ping An insurance is looking to raise $3.5 billion in a convertible bond deal, according to a term sheet seen by Reuters on Monday.
Asia markets mostly slip as investors assess assassination attempt on Trump, softer China GDP data
Asia-Pacific markets mostly fell on Monday as investors awaited China's Third Plenum and also assessed an assassination attempt on former U.S. President Donald Trump at a rally over the weekend.
Boeing begins 777-9 certification flight trials with FAA
Boeing has started certification flight testing of its long-delayed 777-9 with U.S. aviation regulators onboard, the U.S. planemaker said in an emailed statement.
Australia’s Albanese tells Russia to ‘back off’ as war of words over spy couple heats
The married couple, who hold Australian citizenship, were arrested on charges of working to access material related to Australia’s national security, though no significant compromise was identified, the Australian Federal Police said on Friday.
Devotees surged towards preacher moments before lethal India stampede, witnesses say
HATHRAS - Thousands of devotees rushed to get a closer glimpse of a Hindu preacher, jostling and pushing on slippery ground, witnesses say, moments before a crush at an overcrowded venue in India killed 121 people and sparked a police hunt for the organisers.
Indonesia and US seal US$35 million coral reef debt swap
The United States has agreed to forgive US$35 million of Indonesian debt over the next nine years, the US Treasury said on Monday, in return for the Southeast Asian country restoring and preserving coral reefs in what experts estimate is the world’s most biodiverse patch of ocean.
Ericsson's second-quarter revenue falls but North America helps
Ericsson saw a smaller-than-expected fall in second-quarter revenue helped by growth in North America, the Swedish telecom equipment maker reported on Friday.