October 24, 2023

Hitachi Energy acquires eks Energy

Strategic acquisition adds advanced power electronics and energy management software capabilities to meet accelerated, global demand for battery energy storage solutions Zurich, Switzerland, Oct. 24, 2023 (GLOBE NEWSWIRE) — Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, announced today that it has acquired

Sandoz reports year-to-date sales for the first nine months of 2023

Ad hoc announcement pursuant to art. 53 SIX Swiss Exchange Listing Rules Nine-month net sales1 of USD 7.1 billion, up 6 percent in constant currencies (cc)(1) Solid performance in Generics; Biosimilars grow double-digits Recent strategic milestones include US Hyrimoz® launch, approval of Tyruko® in US and Europe, partnership on ustekinumab

Foreign currency deposits down for 2nd month in September

SEOUL, Foreign currency deposits declined for the second straight month in September as import settlements increased, central bank data showed Tuesday.Residents’ outstanding foreign currency-denominated deposits reached US$89.69 billion at end-Septemb…

Producer prices rise 0.4 pct in September on higher oil prices

SEOUL, South Korea’s producer prices rose 0.4 percent on-month in September, driven by higher global oil prices, the central bank said Tuesday.The producer price index, a major barometer of consumer inflation, came to 121.67 last month, up from 121.17…