Category Archives:
China’s Country Garden offshore debt default looms
By Scott Murdoch SYDNEY (Reuters) - Country Garden Holdings, China's biggest private property developer, is hours away from defaulting on its $11 billion in overseas debt, yet to make a coupon payment...
Oct 17, 2023
Asia frets on Middle East risks, looming China data
By Wayne Cole SYDNEY (Reuters) - Asian shares stuttered on Wednesday as a blast at a Gaza hospital dealt a blow to hopes for containing the crisis, while bonds nursed heavy losses as strong U.S. retai...
Oct 17, 2023
Amazon says it has 10,000 Rivian electric vans in its delivery fleet
By Arriana McLymore (Reuters) - Amazon.com has 10,000 Rivian electric delivery vehicles making routes across the U.S. and Europe, the company said during a business presentation on Tuesday. Amazon has...
Oct 17, 2023
Activist Icahn sues Illumina board over Grail acquisition – FT
(Reuters) - Activist-investor Carl Icahn said his firm had sued current and former board directors at Illumina concerning the acquisition of gene-sequencing company Grail, the Financial Times reported...
Oct 17, 2023
California trucking group challenges state’s zero-emissions rule
LOS ANGELES (Reuters) - The California Trucking Association (CTA) has asked a federal judge to stop a state rule that would require truckers to switch to zero-emissions vehicles by 2042, calling it "a...
Oct 17, 2023
EU adds Belize, Seychelles, Antigua and Barbuda to tax havens list
By Sarah Morland (Reuters) -The Council of the European Union on Tuesday added the Indian Ocean island state of Seychelles and the Caribbean countries of Belize and Antigua and Barbuda to a list of 16...
Oct 17, 2023
Australia central bank sees challenging economy, inflation risks
SYDNEY (Reuters) - The head of Australia's central bank on Wednesday said the domestic economy was in a "challenging" situation with consumption slowing but inflation still elevated, and monetary poli...
Oct 17, 2023
China’s Q3 GDP seen slowing as Beijing races to revive growth
By Kevin Yao BEIJING (Reuters) - China's economy likely slowed in the third quarter, data is expected to show on Wednesday, weighed by persistently weak demand, although increased stimulus has improve...
Oct 17, 2023
EU-made EVs would cost $4,100 more in UK under post-Brexit rules – SMMT
By Nick Carey LONDON (Reuters) - If Britain and the EU fail to postpone post-Brexit trade rules dictating local content in electric vehicles traded between the bloc and the UK, average EU-made car pri...
Oct 17, 2023
US special counsel withdraws subpoena on Trump’s political fundraising group -report
By Kanishka Singh WASHINGTON (Reuters) - U.S. Special Counsel Jack Smith has withdrawn a subpoena seeking records about fundraising by the political action committee Save America, which is controlled ...
Oct 17, 2023
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