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SHANGHAI (Reuters) - Chinese electric vehicle (EV) maker Nio Inc plans to build a factory in Chuzhou city in the eastern province of Anhui to produce budget EVs under a new brand, said three people wi...

By Medha Singh and Lisa Pauline Mattackal (Reuters) - The world of stablecoins is suddenly looking shaky. Seismic shifts may be afoot in the $137 billion market after New York-based Paxos Trust Compan...

(Reuters) - French IT consulting group Capgemini on Tuesday forecast slower revenue growth for 2023 on slowing demand for its cloud, data and artificial intelligence services. The company, which provi...

HANOI (Reuters) -Taiwan's Pou Chen Corp, the world's largest maker of branded sports footwear, plans to cut around 6,000 jobs at its Ho Chi Minh City plant in Vietnam due to weak demand, two local off...

By Foo Yun Chee BRUSSELS (Reuters) - Microsoft President Brad Smith will on Tuesday seek to convince EU antitrust regulators at a closed hearing that the U.S. software giant's $69 billion bid for "Cal...

By Jihoon Lee SEOUL (Reuters) - A downturn in South Korea's home prices is causing pain in the country's unusual rent-free rental system that benefited landlords and tenants alike during a long surge ...

A look at the day ahead in European and global markets from Ankur Banerjee: After a sputtering start to the week for the equities market, flash PMI data from Eurozone, UK and Germany will likely give ...

By Lawrence White LONDON (Reuters) - HSBC HSBA.L> said it still expects to complete the sale of its Russia business in first-half 2023, in the most significant update on the progress of the deal since...

By Chris Taylor NEW YORK (Reuters) - Eytan Morgenstern is facing a very expensive dilemma. The 36-year-old public relations professional has an opportunity to check something off his life 'bucket list...

By Jessie Pang and Donny Kwok HONG KONG (Reuters) - Hong Kong is under pressure to rein in spending when it unveils its annual budget on Wednesday, after racking up huge fiscal deficits during the COV...