Category Archives:
Toyota says Yaris model safe in Thailand after safety concerns
BANGKOK (Reuters) - Japanese carmaker Toyota Motor Corp has stopped sales of its Yaris ATIV but the vehicle is safe, and the company urges all parties involved to cooperate on inspections and investig...
May 08, 2023
Qualcomm to acquire Israeli auto-chip maker Autotalks
(Reuters) - Chip designer Qualcomm Inc said on Monday it would buy Israel's Autotalks Ltd that makes chips used in technology aimed at preventing vehicle crashes, as the U.S. firm looks to deepen its ...
May 08, 2023
Citi appoints new North Africa, Levant and Central Asia head
DUBAI (Reuters) - Banking group Citi has appointed Omar Hafeez as head of its North Africa, Levant and Central Asia operations based in Dubai after a reorganisation of the company's MENA region, it sa...
May 08, 2023
German industrial output drops 3.4% in March
BERLIN (Reuters) - German industrial production fell more than expected in March, due partly to weak performance in the automotive sector. Production decreased by 3.4% on the previous month, the feder...
May 08, 2023
China’s export seen rising in April but at slower pace, outlook challenging- Reuters poll
By Joe Cash BEIJING (Reuters) - China's exports were expected to have risen again in April, albeit at a less robust pace than a month earlier, a Reuters poll showed, supported by unfulfilled orders af...
May 08, 2023
Analysis-In Turkey, an election reckoning for the rise and fall of Erdogan’s economy
By Jonathan Spicer ISTANBUL (Reuters) - If Turks oust President Tayyip Erdogan in elections this month it will largely be because of an economic reversal that saw their prosperity, equality and abilit...
May 08, 2023
Exclusive-Bain Capital seeks to raise $4 billion for new global special situations fund – sources
By Kane Wu and Anirban Sen HONG KONG/NEW YORK (Reuters) - Bain Capital is seeking to raise $4 billion for a new global "special situations fund" as the U.S. firm sees an opportunity to snap up distres...
May 07, 2023
Marketmind: Markets await US banks’ take on credit squeeze
A look at the day ahead in European and global markets from Wayne Cole. It's been a quiet start to the week in Asia, which is no surprise given U.S. consumer prices loom this week as a major test of t...
May 07, 2023
Alibaba logistics arm eyes up to $2 billion Hong Kong IPO -sources
By Scott Murdoch and Julie Zhu SYDNEY/HONG KONG (Reuters) - Alibaba's logistics arm aims to raise up to $2 billion via a listing in Hong Kong likely early next year, sources with knowledge of the matt...
May 07, 2023
Downed branches, power outages the story of Sunday’s severe weather
PEORIA, Ill. – There weren’t a lot of reports of major damage from the second round of severe weather to hit the Tri-Counties during the weekend, but most of the damage reports were of the...
May 07, 2023
Peoria, IL, USA
54 °F Overcast
