News Center

Property developer Country Garden’s unit forecasts higher annual earnings

Property developer Country Garden’s unit forecasts higher annual earnings

(Reuters) - Country Garden (HK:2007) Services, the property services arm of China’s Country Garden, on Friday forecast a higher full-year profit on the back of lower impairment charges.The property services arm expects a net profit attributable between 1.60 billion yuan ($221.03 million) and 2 billion yuan for fiscal 2024 ended December, compared with 292.3 million yuan a year earlier.Country ...

2025-03-14 23:07:57
Trump administration probes 45 universities on race policies

Trump administration probes 45 universities on race policies

WASHINGTON (Reuters) - The U.S. Department of Education on Friday said its office for civil rights is investigating 45 universities, citing complaints that the schools engaged with a program that set eligibility based on race.Since Donald Trump returned to the presidency in January, his administration has sought to limit efforts to provide support to people based on race, gender or ethnicity. The ...

2025-03-14 23:06:10
UniCredit gets ECB’s nod for Commerzbank, says decision in 2026

UniCredit gets ECB’s nod for Commerzbank, says decision in 2026

By Valentina Za and Tom SimsMILAN (Reuters) -The European Central Bank has given UniCredit the green light to buy up to 29.9% of Commerzbank (ETR:CBKG), the Italian bank said, adding it would likely wait until next year before deciding whether to pursue a full takeover.With Germany up in arms against the potential acquisition, UniCredit’s CEO Andrea Orcel, a veteran dealmaker, has thrust his ban ...

2025-03-14 23:04:23
TSX bounces as Trump tariff uncertainty, growth fears linger

TSX bounces as Trump tariff uncertainty, growth fears linger

Investing.com - Canada’s main stock market ticked higher after opening on Friday, pointing to a bounce at the end of a week marked by turmoil and uncertainty over Ottawa’s trade relations with the United States.By 10:30 ET, the S&P/TSX 60 index had risen by 13.3 points or 0.9%.The Toronto Stock Exchange’s S&P/TSX composite index also advanced up 220 points or 0.9%, after sinking ...

2025-03-14 23:01:46