Friday , 19 December 2025

Recent Posts

Winter Olympics: Chinese sportswear stocks climb

  Bloomberg Shares of Chinese sportswear makers climbed as investors bet that Beijing’s Winter Olympics will help spur demand amid the government’s recent drive to increase health awareness. Anta Sports Products Ltd., which is supplying uniforms for athletes in the games, rose as much as 5.2%. Li Ning Co., founded by a medal-winning Olympic gymnast, jumped 6.8% as Hong Kong …

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Kenya to inject $176m into struggling national airline

  Bloomberg Kenya plans to inject 20 billion shillings ($176 million) of capital into the country’s cash-strapped national airline, which is battling to survive after years of losses and a mounting debt pile. The funding, detailed in supplementary budget documents submitted to parliament, “is dependent on certain restructuring milestones,” Kenya Airways Plc Chairman Michael Joseph said by text message. The …

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Intesa’s $25bn pledge fails to wow well-served investors

  Bloomberg Europe’s biggest bank payout-plan failed to excite investors who’ve grown accustomed to fat payout ratios and dividends at Intesa Sanpaolo SpA. The Milan-based lender said it will disburse more than 22 billion euros ($25 billion) to shareholders through 2025. While that put it ahead of Italian rival UniCredit SpA in the contest to offer Europe’s bank investors the …

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