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U.S. Treasury yields push to new highs as Fed looks set to hike rates
LONDON (Reuters) - U.S five and 10-year Treasury yields rose to their highest levels in almost three years on Tuesday, ahead of a widely-anticipated rate hike from the Federal Reserve. Five-year Treas...
Syndicated Content Mar 16, 2022
Volkswagen brand reluctant to make 2022 forecast
BERLIN (Reuters) - German carmaker Volkswagen said on Wednesday that deliveries of its core brand dropped by 8% to 4.9 million vehicles last year, and it was reluctant to make forecasts for 2022. Whil...
Syndicated Content Mar 16, 2022
Exclusive-India acts to seize gap in wheat export market left by Ukraine war
By Mayank Bhardwaj NEW DELHI (Reuters) - India is rolling out measures to help the country become a major exporter of high-quality wheat as importers scramble for supplies after Russia's invasion of U...
Syndicated Content Mar 16, 2022
Reeling from China’s crackdown, Alibaba and Tencent readying big job cuts – sources
By Julie Zhu, Yingzhi Yang and Yew Lun Tian (Reuters) - Alibaba Group and Tencent Holdings are preparing to cut tens of thousands of jobs combined this year in one of their biggest layoff rounds as th...
Syndicated Content Mar 16, 2022
Russian gas flows to Europe decline as nominations drop
OSLO (Reuters) - Russian gas deliveries to Europe via the Nord Stream 1 pipeline were steady while lower through Ukraine on Wednesday as the Yamal-Europe pipeline remained in reverse mode for a second...
Syndicated Content Mar 16, 2022
Hyundai launches plant to produce Indonesia’s first electric car
JAKARTA (Reuters) - Hyundai Motor Group launched a new automotive plant on Wednesday that will produce Indonesia's first locally assembled electric vehicle, part of President Joko Widodo's goal of dev...
Syndicated Content Mar 16, 2022
NortonLifeLock’s $8.6 billion Avast deal faces in-depth UK probe
(Reuters) -U.S. cybersecurity firm NortonLifeLock Inc's $8.6 billion purchase of rival Avast Plc will face an in-depth probe by Britain if competition concerns are not addressed, the UK anti-trust reg...
Syndicated Content Mar 16, 2022
Marketmind: A (potentially) historic day
A look at the day ahead in markets from Dhara Ranasinghe. The day ahead is all about the United States and Russia and possibly it's also a day of firsts, for very different reasons. So, where do we st...
Syndicated Content Mar 16, 2022
COVID curbs bite at Chinese ports, threatening global supply chains
By Joe Brock SINGAPORE (Reuters) - The queues of container ships outside major Chinese ports are lengthening by the day as COVID-19 outbreaks in manufacturing export hubs threaten to unleash a fresh w...
Syndicated Content Mar 16, 2022
Malaysia’s AirAsia X completes debt restructure, to write back nearly $8 billion to profit
(Reuters) - Malaysia's Airasia X (AAX) said on Wednesday it had completed its debt restructuring, and will write 33 billion ringgit ($7.86 billion) back to profits in the next quarter. Under the airli...
Syndicated Content Mar 16, 2022
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