Category Archives:
Supply chain snarls could cost automakers $210 billion this year, forecast finds
By Joseph White DETROIT (Reuters) - Global automakers could lose $210 billion in revenue this year because of supply chain disruptions, nearly double a forecast earlier this year, consulting firm Alix...
Sep 22, 2021
U.S. court compels Facebook to release records of anti-Rohingya content – report
(Reuters) - A U.S federal judge has ordered Facebook to release records of accounts connected to anti-Rohingya violence in Myanmar that the social media giant had shut down, the Wall Street Journal re...
Sep 22, 2021
California governor signs measure to protect warehouse workers
(Reuters) - California Governor Gavin Newsom has signed into law a measure expanding protections for warehouse workers, his office said on Wednesday. The new provisions of the measure, called AB 701, ...
Sep 22, 2021
U.S. business optimism in China rebounds to pre-trade war levels -survey
SHANGHAI (Reuters) - U.S. companies' optimism about business conditions in China has recovered to hit three-year highs even though the firms have reservations about Beijing's COVID-19 policy, an annua...
Sep 22, 2021
China will buy 8,700 new airplanes over next 20 years – Boeing
BEIJING (Reuters) - Chinese airlines are likely to buy 8,700 planes worth $1.47 trillion over the next 20 years, Boeing Co said on Thursday. The U.S. planemaker's latest estimate for the period to 204...
Sep 22, 2021
Indonesia Finance Minister warns of ripple effect from China’s Evergrande debt woes
JAKARTA (Reuters) - Indonesian authorities are monitoring the financial market situation in China, finance minister Sri Mulyani Indrawati said on Thursday, and warned that property firm China Evergran...
Sep 22, 2021
SoftBank-backed Oyo to file for $1.2 billion IPO next week – source
By Chandini Monnappa BENGALURU (Reuters) -SoftBank Group-backed Indian hospitality startup Oyo Hotels and Rooms is expected to file for an initial public offering (IPO) next week to raise around $1 bi...
Sep 22, 2021
China Evergrande chairman says to ensure home deliveries and wealth products redemption
HONG KONG (Reuters) - Cash-strapped developer China Evergrande Group said it held an internal meeting late on Wednesday night, in which its chairman urged company executives to ensure the quality deli...
Sep 22, 2021
Australia sues Neoen for lack of power from its Tesla battery reserve
By Sonali Paul MELBOURNE (Reuters) - Australian Energy Regulator (AER) has filed a lawsuit against Neoen SA, saying the French firm's Tesla "Big Battery" in South Australia did not provide backup powe...
Sep 22, 2021
Fitch cuts China 2021 GDP forecast to +8.1% vs +8.4% on property slowdown
BEIJING (Reuters) - Fitch Ratings on Thursday cut its 2021 economic growth forecast for China to 8.1% from 8.4%, citing the impact of the slowdown in the country's property sector on domestic demand. ...
Sep 22, 2021
Peoria, IL, USA
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