AFP A string of overseas investments has shone a new spotlight on Chinese conglomerate Fosun, after the mysterious disappearance — and re-emergence — of its tycoon chairman rattled investors. In the space of three days last week, the Shanghai-based company bought a stake in an Indian drugmaker for $1.26 billion, acquired a Brazilian investment firm and announced plans to ...

  Berlin / AFP German industrial giant Siemens lifted its annual earnings forecast on Thursday after booming demand for renewables fattened order books in the second quarter, but warned of increasing geopolitical risks. For the financial year ending September, the group said it expected profits per share between 6.50 and 6.70 euros ($7.24-7.46), compared with the 6.0 to 6.40 it ...

  Bloomberg Serco Group Plc shares surged to a 14-month high after the U.K. government-services contractor raised its profit target for a second time this year following quicker-than-expected cost savings and the pound’s plunge. Serco rose as much as 16 percent to 138 pence, the highest intraday price since June 3, 2015, and was up 14 percent at 12:18 p.m. ...