Category Archives:
Biden to visit Taiwan’s TSMC chip plant in Arizona, hail supply chain fixes
By Steve Holland and Jane Lanhee Lee WASHINGTON (Reuters) - President Joe Biden will visit the Arizona plant of TSMC on Tuesday as the Taiwanese chipmaker is set to more than triple its planned invest...
Dec 06, 2022
Airlines to return to profitability in 2023 – IATA
By Emma Farge GENEVA (Reuters) - The airline industry will become profitable again next year for the first time since 2019 as a snapback in air travel continues following nearly two years of COVID-19 ...
Dec 06, 2022
Mercedes opens its first EV-only dealership in the world in Japan
TOKYO (Reuters) - Mercedes-Benz's first dealership in the world dedicated to its all-electric Mercedes-EQ brand opened in Yokohama, south of the Japanese capital on Tuesday, the German automaker's loc...
Dec 06, 2022
UK construction growth ebbs away as economy falters: PMI
LONDON (Reuters) - Growth in Britain's construction industry slowed to a crawl in November as high borrowing costs and the gloomy economic outlook crimped building work, a survey showed on Tuesday. Th...
Dec 06, 2022
Australia’s Big Four banks pass central bank rate hike to home loan customers
(Reuters) - All of Australia's "big four" banks said on Tuesday they will raise their home loan rates by a quarter-point, passing on the central bank's eighth rate hike in as many months to their cust...
Dec 06, 2022
German top court dismisses challenge to EU recovery fund
BERLIN (Reuters) - Germany's constitutional court on Tuesday threw out a legal challenge against the European Union's 750-billion-euro ($786 billion) recovery fund, which saw the bloc take on joint de...
Dec 06, 2022
Norway companies see weaker outlook, central bank survey shows
OSLO (Reuters) - Norwegian companies see a further deterioration in their outlook for the next six months, a central bank survey showed on Tuesday. "Looking ahead, contacts expect lower activity owing...
Dec 06, 2022
Indonesia govt to create a mechanism for rollout of B35 biodiesel policy
JAKARTA (Reuters) - Indonesia's president has asked the government to create a mechanism next year to ensure the rollout of B35 biodiesel, a senior minister said on Tuesday. B35 is a fuel containing a...
Dec 06, 2022
Swedish prices have not risen more than motivated by costs, think tank says
STOCKHOLM (Reuters) - Swedish companies have not raised consumer prices by more than is motivated by the growing costs they face, a report published by the National Institute of Economic Research (NIE...
Dec 06, 2022
European shares dip as financials, energy stocks weigh
(Reuters) - European shares fell on Tuesday, dragged down by financials and energy stocks, as strong U.S. services activity data spurred fears that the Federal Reserve could stick to its aggressive ra...
Dec 06, 2022
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