LONDON/SINGAPORE/NEW YORK (Reuters) - Oil refiners in Asia, Europe and the United States are facing a drop in profitability to multi-year lows, marking a downturn for an industry that had enjoyed surging returns post-pandemic and underlining the extent of the current slowdown in global demand. The weakness is a further sign of soft consumer and industrial demand, especially in China,...

* Seven & i ( SVNDF ) has rejected $38.5 bln offer, but Couche-Tard says still interested * Some Japanese 7-Eleven franchise owners cite concerns about missteps * Seven & i ( SVNDF ) says working with franchisees on growth (Adds detail about owners in paragraphs 15 and royalties in paragraph 19) By Maki Shiraki TOKYO, Sept 26 (Reuters) -...

04:49 AM EDT, 09/20/2024 (MT Newswires) -- Faraday Future Intelligent Electric ( FFIE ) said Friday it is planning to launch its second brand, Faraday X or FX, a series of affordable electric vehicles. The company said the FX brand will use core technologies used in the FF 91. Faraday is planning an initial two products under the FX brand...

By Yantoultra Ngui SINGAPORE, Sept 20 (Reuters) - Malaysia's largest fintech company TNG Digital is looking at a potential domestic initial public offering over the next two to three years that could raise over $300 million, two sources with knowledge of the matter said. TNG Digital could potentially fetch the valuation of a unicorn - a startup with a market...