Category Archives:
China fuel demand outlook brightens as road, air traffic jumps after COVID curbs ease
By Muyu Xu SINGAPORE (Reuters) - Road and air traffic in China, the world's second-biggest oil consumer, has rebounded sharply after a significant easing in the country's COVID-19 restrictions, boosti...
Dec 14, 2022
U.S. lawmakers introduce bill to restrict Huawei’s access to banks
(Reuters) - U.S. lawmakers have introduced a bipartisan bill to sanction Chinese tech company Huawei Technologies Ltd and Chinese 5G companies, restricting them from accessing U.S. banks. The bill, in...
Dec 14, 2022
India’s November WPI inflation eases to 5.85% y/y
NEW DELHI (Reuters) - India's annual wholesale price-based inflation (WPI) eased in November to 5.85% year-on-year, as food prices moderated, government data showed on Wednesday. The reading was lower...
Dec 14, 2022
China an unspoken focus as Biden woos African leaders
By Michael Martina, Daphne Psaledakis and David Brunnstrom WASHINGTON (Reuters) - When President Joe Biden speaks to African leaders in Washington on Wednesday, expect to hear about support for democr...
Dec 14, 2022
Carlyle to miss March 2023 deadline for $22 billion fundraise – FT
(Reuters) - U.S. buyout group Carlyle Group is struggling to raise the $22 billion it had targeted as its largest fund, the Financial Times reported on Wednesday. The firm has asked its investors for ...
Dec 14, 2022
Export controls hit China’s access to Arm’s chip designs – FT
(Reuters) - Chinese tech giant Alibaba Group Holding Ltd cannot buy some of the most advanced chip designs after British chip technology firm Arm Ltd determined that U.S. and Britain would not approve...
Dec 13, 2022
Marketmind: Messi
A look at the day ahead in European and global markets from Tom Westbrook A vintage performance from skipper Lionel Messi took the World Cup semi away from Croatia and booked Argentina a place in the ...
Dec 13, 2022
Mercedes-Benz gears up powertrain network for EVs from 2024
BERLIN (Reuters) - Mercedes-Benz laid out on Wednesday an over 1 billion-euro ($1.06 billion) plan to adapt its global production network for electric powertrain systems - including battery assembly, ...
Dec 13, 2022
U.S. to add over 30 Chinese companies to trade blacklist -Bloomberg News
(Reuters) - The Biden administration plans to place Chinese chip maker Yangtze Memory Technologies (YMTC) and 35 other Chinese firms on a trade blacklist that would prevent them from buying certain Am...
Dec 13, 2022
New Zealand forecasts recession next year but a narrower budget deficit
By Lucy Craymer and Alasdair Pal WELLINGTON (Reuters) - New Zealand's government on Wednesday forecast the country would enter a recession in 2023, even as the budget remained on target to move into s...
Dec 13, 2022
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