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Oracle considers more investment in Israel – Netanyahu
JERUSALEM (Reuters) - Oracle Corp CEO Safra Katz discussed a possible expansion of the company's investment activity in Israel during a meeting on Tuesday with Prime Minister Benjamin Netanyhu, his of...
Syndicated Content Jun 20, 2023
German producer prices rise in May
BERLIN (Reuters) - German producer prices rose in May when compared with the same month last year, according to data released on Tuesday. Producer prices of industrial products were up 1.0% compared w...
Syndicated Content Jun 20, 2023
FACTBOX-How Alibaba’s six new business units stack up
(Reuters) - Alibaba Group Holding said on Tuesday that Eddie Yongming Wu, chairman of its Taobao and Tmall Group, will succeed Daniel Zhang as chief executive officer, in the company's biggest executi...
Syndicated Content Jun 20, 2023
Exclusive – Canadian pension fund invests $400 million in Swedish battery maker Northvolt
By Tommy Wilkes, Simon Jessop and Supantha Mukherjee LONDON (Reuters) - Canada's Investment Management Corporation of Ontario (IMCO) has invested $400 million in battery producer Northvolt, which will...
Syndicated Content Jun 20, 2023
Hyundai Motor to invest $85.41 billion by 2032 to accelerate EV plans
SEOUL (Reuters) - South Korea's Hyundai Motor Co plans to invest about 109.4 trillion won ($85.41 billion) in the period through to 2032, the company said on Tuesday, including around 35.8 trillion wo...
Syndicated Content Jun 20, 2023
Foreigners biggest buyers of Asian bonds in two years
By Gaurav Dogra and Patturaja Murugaboopathy (Reuters) - Asian bonds attracted their highest monthly foreign inflows in about two years in May, boosted by hopes of less aggressive monetary tightening ...
Syndicated Content Jun 20, 2023
Qatar set to strike second big LNG supply deal with China
By Andrew Mills and Maha El Dahan DOHA (Reuters) -Qatar is set to secure its second large gas supply deal with a Chinese state-controlled company in less than a year, sources familiar with the deal to...
Syndicated Content Jun 20, 2023
Singapore’s Grab plans biggest round of job cuts since pandemic – Bloomberg News
SINGAPORE (Reuters) - Singapore-based Grab Holdings is preparing its biggest round of layoffs since the pandemic, Bloomberg News reported on Tuesday, citing people familiar with the matter. The reduct...
Syndicated Content Jun 20, 2023
Fisker to open first delivery centre in Shanghai this year – Yicai
BEIJING (Reuters) - Electric-vehicle (EV) startup Fisker is set to open its first delivery centre in China's financial hub Shanghai this year, Fisker's China board member Daniel Foa was quoted as sayi...
Syndicated Content Jun 20, 2023
Macron’s Paris summit seeks new life for global finance agenda
By Leigh Thomas and Simon Jessop PARIS (Reuters) - French President Emmanuel Macron hosts a summit on Thursday and Friday to pin down a roadmap for easing the debt burdens of low-income countries whil...
Syndicated Content Jun 20, 2023
Peoria, IL, USA
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