Mrigank Dhaniwala

1 week ago | insideretail.us | Scott Murdoch |Kim Coghill |Mrigank Dhaniwala |Tong Van

Chinese tea firm Chagee has raised $411 million by setting the price of its shares at $28 each in its New York initial public offering, according to two sources with direct knowledge of the matter. The sources could not be identified discussing confidential information. Chagee did not immediately respond to a request for comment. Chagee launched the deal last week as financial markets grappled with the prospect of a global trade war resulting from US President Donald Trump’s tariffs package.

1 week ago | gurutrade.com | John Revill |Miranda Murray |Mrigank Dhaniwala |Tomasz Janowski

Move is the biggest shake up at ABB since power grids sale ABB robotics competes with Fanuc, Kuka and Yaskawa 100% of company to be spun off to shareholders Investor AB backs move ABB Q1 earnings beat forecasts ZURICH, April 17 (Reuters) - Swiss industrial group ABB on Thursday announced plans to spin off its entire robotics division in the biggest shake up at the company since it sold its power grids business to Japan's Hitachi in 2018.

1 week ago | gurutrade.com | Sarita Singh |Mrigank Dhaniwala |Eileen Soreng

NEW DELHI, April 15 (Reuters) - India's wholesale inflation eased to a four-month low in March as food prices rose at a slower pace, according to government data released on Tuesday. Wholesale inflation, a proxy for producer prices, fell to 2.05% year-on-year from 2.38% in February, and was lower than the 2.5% projected by economists in a Reuters poll. Wholesale food prices rose slowly at 4.66% in March against 5.94% in February.

1 week ago | gurutrade.com | John Revill |Harshita Meenaktshi |Mrigank Dhaniwala |Kim Coghill

ZURICH, April 15 (Reuters) - Swiss construction chemicals maker Sika said on Tuesday the U.S. building market was "unsettled" in March, an early sign of the impact of President Donald Trump's unpredictable tariff policies. Sika said it was not directly affected by trade barriers, but pointed to increased market concerns from potentially lengthy trade conflicts.

1 week ago | gurutrade.com | Junko Fujita |Alan Barona |Mrigank Dhaniwala |Eileen Soreng

TOKYO, April 11 (Reuters) - Japan's Nikkei share average slumped on Friday in a brutal end to a volatile week as investors worried about the economic fallout from the rapidly escalating U.S.-China trade war as well as a strong yen that has been lifted by safe-haven flows. The Nikkei ended 2.96% lower at 33,585.58 after declining as much as 5% earlier in the session. The broader Topix closed down 2.85% at 2,466.91. "Risk in equities is too high right now with such huge volatilities every day.