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Hyundai Europe CEO: we won’t take a “knee-jerk reaction” to Tesla
MUNICH (Reuters) - Hyundai Motor Co's European chief said the carmaker was not making a direct change to its pricing in response to Tesla's price cuts, adding consumers needed reassurance that prices ...
Syndicated Content May 17, 2023
Exchange operators, US debt ceiling jitters weigh on European shares
(Reuters) - European shares slipped on Wednesday as investors remained concerned about whether the outcome of the U.S. debt ceiling negotiations would result in averting a default, while a slew of dow...
Syndicated Content May 17, 2023
Loving trainers: JD Sports’ profit to top 1 billion pounds
By James Davey LONDON (Reuters) -JD Sports Fashion said on Wednesday it expected profit to exceed 1 billion pounds ($1.3 billion) for the first time this year as demand for trainers, joggers and hoodi...
Syndicated Content May 17, 2023
Japan embraces G7’s gas support but companies may face long-term problems
By Katya Golubkova, Yuka Obayashi and Kate Abnett TOKYO (Reuters) - Japan's energy companies were quick to embrace the G7's support for natural gas investment in their statement last month but analyst...
Syndicated Content May 17, 2023
Japan arranging subsidies for Samsung chip facility -source
By Maki Shiraki TOKYO (Reuters) - Japan is arranging subsidies that could be worth around 15 billion yen ($110 million) to South Korea's Samsung Electronics Co for a chip facility it is considering se...
Syndicated Content May 17, 2023
China’s BYD beefs up autonomous driving credentials with new unit, hiring spree
SHANGHAI/BEIJING (Reuters) - BYD Co Ltd may be China's biggest electric vehicle maker by a country mile but it knows it lags rivals in autonomous driving, and has set up a new division and embarked on...
Syndicated Content May 17, 2023
British software group Sage upgrades revenue forecast
LONDON (Reuters) - Sage, a British provider of software to small and medium-sized companies, upgraded its full-year organic recurring revenue growth forecast to around 11% on Wednesday after a strong ...
Syndicated Content May 17, 2023
Blackstone, Thomson Reuters consortium sells $3.4 billion LSEG shares in upsized offering
(Reuters) - An investor consortium including U.S. buyout firm Blackstone and Thomson Reuters sold 33 million shares in the London Stock Exchange Group worth about 2.7 billion pounds ($3.41 billion), B...
Syndicated Content May 17, 2023
China shuts 100,000 fake news social media accounts, ramps up content cleanup
By Bernard Orr and Eduardo Baptista (Reuters) - China has intensified efforts to clean up the internet from false news and rumours, closing more than 100,000 online accounts over the past month that m...
Syndicated Content May 17, 2023
Tyre-makers under pressure as too much rubber hits the road
By Nick Carey and Barbara Lewis LONDON (Reuters) - Tyre-makers are under pressure to almost literally reinvent the wheel as regulators turn their scrutiny to tyre pollution that is set to surge with t...
Syndicated Content May 17, 2023
Peoria, IL, USA
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