Category Archives:
China developer Zhenro defaults on interest payments for two offshore bonds
HONG KONG (Reuters) - China's Zhenro Properties said it has missed interest payments on two offshore bonds and expects four more defaults in the coming months due to the lockdown in Shanghai, but adde...
Apr 10, 2022
BMW’s CEO expects chip shortage to last into 2023
BERLIN (Reuters) - A shortage of semiconductors is likely to remain a problem for the auto industry into 2023, German carmaker BMW's Chief Executive Oliver Zipse said in an interview with newspaper Ne...
Apr 10, 2022
Capacity crunch may abort U.S. satellite boom as sanctions threaten Russia launches
By Akash Sriram (Reuters) - Houston, we have a problem! U.S. rocket companies are facing the daunting task of ferrying hundreds of satellites to space in the coming years as sanctions sideline the Rus...
Apr 10, 2022
Elon Musk decides not to join Twitter board
(Reuters) - Elon Musk, Twitter Inc's biggest shareholder, has decided not to join the social media company's board, the company's Chief Executive Parag Agrawal said in a tweet on Sunday. (Reporting by...
Apr 10, 2022
BOJ official warns against excessive volatility in yen moves
By Leika Kihara TOKYO (Reuters) -A senior Bank of Japan (BOJ) official on Monday warned that excessive volatility in yen moves could hurt growth, after the currency's slide below the key 125 yen thres...
Apr 10, 2022
Tesla sold a 65,814 China-made vehicles in March -CPCA
SHANGHAI (Reuters) - U.S. electric vehicle maker Tesla Inc sold 65,814 China-made vehicles in March, data from the China Passenger Car Association (CPCA) showed on Monday. CPCA said passenger car sale...
Apr 10, 2022
China’s PPI and CPI rise faster than expected in March
BEIJING (Reuters) -China's factory inflation slowed but beat expectations in March, official data showed on Monday, as the country grapples with cost pressures caused by Russia's invasion of Ukraine a...
Apr 10, 2022
Indonesia’s GoTo soars as much as 23% on debut after $1.1 billion IPO
JAKARTA (Reuters) -Shares of GoTo surged as much as 23% in their market debut on Monday after Indonesia's largest tech company raised $1.1 billion in a widely anticipated IPO amid a booming local shar...
Apr 10, 2022
BOJ’s Kuroda warns of uncertain economic fallout from Ukraine crisis
TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda on Monday warned that there was "very high uncertainty" over the impact the Ukraine crisis could have on Japan's economy through market moves a...
Apr 10, 2022
JetBlue to trim summer schedule amid hiring push
By David Shepardson WASHINGTON (Reuters) - JetBlue Airways confirmed on Sunday it plans to cut its summer schedule in a bid to avert flight disruptions as it works to ramp up hiring. An airline spokes...
Apr 10, 2022
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