Category Archives:
Asia shares brace for worst month in 2 years on growth fears, dollar buoyant
By Alun John HONG KONG (Reuters) - Asian shares clung on to small gains on Friday thanks to a solid Wall Street session, but were still set for their worst month in two years, as China growth fears an...
Apr 28, 2022
China’s COVID policy in line with pursuing economic progress, expert says
BEIJING (Reuters) - China's "dynamic-zero" policy against COVID-19 is in line with pursuing economic progress, rather than in conflict with it, a senior health expert said on Friday. The battle agains...
Apr 28, 2022
Toyota’s Thai unit signs deal with Thailand on EV incentives
BANGKOK (Reuters) - The Thai unit of Toyota Motor Corp on Friday signed an agreement with Thailand on incentives to promote the use of electric vehicles in Southeast Asia's major auto production base....
Apr 28, 2022
New Mexico wildfire burns 166 homes, thousands ready to evacuate
By Andrew Hay TAOS, N.M. (Reuters) - A drought-driven wildfire has destroyed 166 homes in northern New Mexico and is threatening hundreds more as fierce winds fan flames towards mountain villages, loc...
Apr 28, 2022
Musk sells Tesla shares worth $4 billion, says no more sales planned
(Reuters) - Tesla Inc Chief Executive Officer Elon Musk has sold 4.4 million shares of the electric vehicle maker worth $3.99 billion, five U.S. securities filings showed on Thursday. Musk said in a t...
Apr 28, 2022
Ford to halt production next week at Flat Rock plant on chips shortage
(Reuters) - Ford Motor Co confirmed late on Thursday it will halt production next week at its Flat Rock plant where it assembles the Mustang because of a shortage of semiconductor chips. The No. 2 U.S...
Apr 28, 2022
Dollar towers at two-decade high on growth woes, Fed outlook
By Tom Westbrook SINGAPORE (Reuters) - The dollar held firm at a 20-year high on Friday and was poised to score its best monthly gain in a decade, buoyed by bets on rising U.S. interest rates and doub...
Apr 28, 2022
Citigroup’s decade-old regulatory sanction lifted
(Reuters) - The U.S. Office of the Comptroller of the Currency (OCC) lifted a 10-year-old consent order with Citigroup Inc, according to an internal memo from the bank viewed by Reuters. "We have work...
Apr 28, 2022
Honduras requests development bank membership in search of financing
By Gustavo Palencia TEGUCIGALPA (Reuters) - Honduras requested membership of the CAF-Development Bank of Latin America, the organization reported Thursday, as leftist President Xiomara Castro's admini...
Apr 28, 2022
Oil eases as China lockdowns weigh on demand outlook
By Florence Tan SINGAPORE (Reuters) - Oil edged lower on Friday as China's COVID-19 lockdowns weighed on the outlook for crude demand, although supply disruption fears as Western sanctions curb crude ...
Apr 28, 2022
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