Category Archives:
Serious debt crisis unfolding across developing countries – UNDP
By Marc Jones LONDON (Reuters) - The United Nations' Development Programme (UNDP) joined on Tuesday the chorus of institutions and charities warning that a serious debt crisis is now taking hold in th...
Oct 11, 2022
Moody’s withdraws ratings of China’s Evergrande and Kaisa
(Reuters) - Moody's on Tuesday said it withdrew the ratings of property developers China Evergrande Group and Kaisa Group because of insufficient information. Moody's said it also withdrew its ratings...
Oct 11, 2022
Toshiba India to supply batteries for EVage’s electric vans
BENGALURU (Reuters) - The Indian unit of Japan's Toshiba will supply its SCiB rechargeable lithium-ion cells for 10,000 electric delivery vans made by Indian start-up EVage, the companies said on Tues...
Oct 11, 2022
BYD to launch first passenger EV in India amid global push
By Aditi Shah NEW DELHI (Reuters) - Warren Buffet-backed Chinese electric carmaker BYD will launch its first passenger car in India on Tuesday, an electric sport-utility vehicle (SUV), marking its ent...
Oct 11, 2022
Turkish central bank net reserves rose $3 billion last week -data/bankers
ANKARA (Reuters) - The Turkish Central Bank's net reserves rose $3 billion last week and total reserves climbed $7 billion, calculations based on preliminary data from five bankers showed on Tuesday. ...
Oct 11, 2022
With eye on rising energy bills, Britons seek cheaper ways to cook -Kantar
By James Davey LONDON (Reuters) - Faced with soaring energy bills, Britons are searching for cheaper ways to cook as they try to avoid using their ovens, market researcher Kantar said on Tuesday. It s...
Oct 11, 2022
Amazon’s Prime Day-like event kick-starts holiday discount frenzy amid high inflation
By Aishwarya Venugopal and Ananya Mariam Rajesh (Reuters) - Amazon.com Inc fired up the holiday shopping season with its second major sales event of the year as rivals from Walmart to Best Buy joined ...
Oct 11, 2022
Renault CEO tours Korea unit run with Geely amid strategy reset
By Heekyong Yang and Joyce Lee (Reuters) - Renault Chief Executive Luca De Meo toured a South Korean factory run with China's Geely Automobile on Tuesday, as he pitched for sweeping restructuring of a...
Oct 11, 2022
Vietnam economy seen growing 8% in 2022, beating official target – govt
HANOI (Reuters) - Vietnam's economy is expected to grow 8% this year, beating an official target for an expansion of 6.0%-6.5%, the government said on Tuesday. The country's exports are forecast to ri...
Oct 11, 2022
Heathrow Airport warns on demand outlook for travel
LONDON (Reuters) -Britain's biggest airport Heathrow warned that the demand outlook for the coming winter was uncertain given the growing economic headwinds plus the impact of a new wave of COVID-19 a...
Oct 11, 2022
Peoria, IL, USA
37 °F Sunny
