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Investors flood into Taiwan ETFs on AI boom, unnerving some May 3, 2024 01:08AM

By Faith Hung

TAIPEI (Reuters) - Money is pouring into Taiwan exchange-traded funds as investors scramble for exposure to the artificial intelligence supply chain, raising analyst and regulator caution just as a rally in the sector has turned fickle and volatile.

The rush into exchange-traded funds (ETFs) has changed the ownership structure of a $2 trillion dollar market that sits at a geopolitical flashpoint.

Regulators and... (continue reading...)


North America drives Daimler Truck to core profit beat May 3, 2024 01:06AM

(Reuters) -Germany's Daimler Truck AG posted first-quarter core profit of 1.21 billion euros ($1.30 billion) on Friday, beating the consensus estimate of 1.17 billion euros in a company poll, driven by a strong performance of its Trucks North America business.

First-quarter core profit (adjusted earnings before interest and taxes) at Daimler Truck's North American business rose 7% year-on-year in the first quarter compared to 4% across Daimler Truck as a... (continue reading...)


North America drives Daimler Truck to core profit beat May 3, 2024 01:06AM

(Reuters) - Germany's Daimler Truck AG posted first-quarter core profit of 1.21 billion euros ($1.30 billion) on Friday, beating the consensus estimate of 1.17 billion euros in a company poll, driven by a strong performance of its Trucks North America business.

First-quarter core profit (adjusted earnings before interest and taxes) at Daimler Truck's North American business rose 7% year-on-year in the first quarter compared to 4% across Daimler Truck... (continue reading...)


North America drives Daimler Truck to core profit beat May 3, 2024 01:06AM

(Reuters) - Germany's Daimler Truck AG posted first-quarter core profit of 1.21 billion euros ($1.30 billion) on Friday, beating the consensus estimate of 1.17 billion euros in a company poll, driven by a strong performance of its Trucks North America business.

First-quarter core profit (adjusted earnings before interest and taxes) at Daimler Truck's North American business rose 7% year-on-year in the first quarter compared to 4% across Daimler Truck... (continue reading...)


Exclusive-Uniper's dormant Russian gas contracts may pose hurdle to listing May 3, 2024 01:04AM

By Christoph Steitz, Tom Käckenhoff and Vladimir Soldatkin

FRANKFURT/DUESSELDORF/MOSCOW (Reuters) - Uniper, the biggest corporate victim of Europe's energy crisis, is looking to the courts to solve the issue of its dormant Russian gas supply contracts that could deter investors once it fully returns to the stock market, three people familiar with the matter said.

In 2022, the German government rescued Uniper, once Gazprom's biggest... (continue reading...)


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May 3, 2024 01:04AM Exclusive-Uniper's dormant Russian gas contracts may pose hurdle to listing
May 3, 2024 01:04AM Exclusive-Uniper's dormant Russian gas contracts may pose hurdle to listing
May 3, 2024 01:04AM Exclusive-Uniper's dormant Russian gas contracts may pose hurdle to listing
May 3, 2024 01:04AM Exclusive-Uniper's dormant Russian gas contracts may pose hurdle to listing
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