Category Archives:
British EV maker Arrival seeks second chance with US EV tax credits
By Paul Lienert and Nick Carey DETROIT/BICESTER, England (Reuters) - British electric van startup Arrival, which has hit many road bumps in its quest to become the next Tesla Inc, now hopes huge subsi...
May 25, 2023
Grab co-founder Tan Hooi Ling to step down from operational roles
By Maria Ponnezhath (Reuters) - Singapore-based Grab Holdings Ltd said on Thursday that its co-founder Tan Hooi Ling will step down from her operating roles at the ride-hailing company by the end of t...
May 25, 2023
China’s Changxin Memory appoints CICC, China Securities for local IPO -sources
By Kane Wu and Scott Murdoch HONG KONG (Reuters) - Chinese chip maker Changxin Memory Technologies Inc (CXMT) has appointed investment banks CICC and China Securities as sponsors for its planned domes...
May 25, 2023
The end of King Dollar? The forces at play in de-dollarisation
By Naomi Rovnick and Libby George LONDON (Reuters) - Rivalry with China, fallout from Russia's war in Ukraine and wrangling once again in Washington over the U.S. debt ceiling have put the dollar's st...
May 25, 2023
Factbox-Russian gold shipments to the UAE, China and Turkey
By Peter Hobson LONDON (Reuters) - The United Arab Emirates has become a key trade hub for Russian gold since Western sanctions over Ukraine cut Russia's more traditional export routes, Russian custom...
May 25, 2023
Exclusive-From Russia with gold: UAE cashes in as sanctions bite
By Peter Hobson LONDON (Reuters) - The United Arab Emirates has become a key trade hub for Russian gold since Western sanctions over Ukraine cut Russia's more traditional export routes, Russian custom...
May 25, 2023
Marketmind: Fitch puts US on watch; will it matter in Washington?
A look at the day ahead in European and global markets from Sonali Desai. The U.S. debt ceiling saga continues to hang over global markets, with the White House and Republicans both citing progress in...
May 24, 2023
Pakistan slashes provisional GDP growth to 0.29% for 2022-23
ISLAMABAD (Reuters) - Pakistan lowered its GDP growth forecast for the current fiscal year, ending June 30, to 0.29% from 2%, the country's national accounts committee said in a statement, as a slowdo...
May 24, 2023
Seven & i shareholders vote down four board candidates nominated by ValueAct
TOKYO (Reuters) - Shareholders of Japan's Seven & i Holdings Co Ltd on Thursday voted down all four of the board candidates nominated by ValueAct Capital, dismissing the U.S. investment firm's attempt...
May 24, 2023
Boyu, Hillhouse, others vie for HK-based medical device firm Quasar -sources
By Kane Wu and Yantoultra Ngui HONG KONG (Reuters) - Private equity firms Boyu Capital, Hillhouse Capital and BPEA EQT are among bidders vying for Longreach Group's Hong Kong-based medical device make...
May 24, 2023
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