Category Archives:
Musk says his companies will remain well positioned in 2023
(Reuters) - Elon Musk, who heads five companies including Tesla Inc and Twitter Inc, said in a tweet on Friday that his companies will be well positioned in 2023 despite the possibility of a tough eco...
Nov 11, 2022
Czech central bank not in FX market since last meeting, Dedek says
PRAGUE (Reuters) - The Czech National Bank has not been present in currency markets to defend the crown since its last policy meeting on Nov. 3, but stands ready to prevent excessive fluctuations in t...
Nov 11, 2022
Euro zone yields edge higher after plunging on U.S. inflation
By Samuel Indyk LONDON (Reuters) - Euro zone bond yields were a touch higher on Friday after plunging the day before when U.S. inflation data showed signs of cooling off, supporting the view that the ...
Nov 11, 2022
Berkshire Hathaway sells $145 million of shares in China’s BYD, filing shows
HONG KONG (Reuters) - Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 5.78 million Hong Kong-listed shares of electric vehicle maker BYD for HK$1.14 billion ($145.38 milli...
Nov 11, 2022
Taiwan electric scooter firm Gogoro delaying China expansion
TAIPEI (Reuters) - Taiwanese electric scooter maker Gogoro Inc is delaying its expansion plans in China due to geopolitical and economic uncertainty there and putting more focus on India and Indonesia...
Nov 11, 2022
Russia’s Tele2 files lawsuit against Ericsson over Russia withdrawal
(Reuters) - Russian telecoms firm Tele2 has started legal proceedings in Moscow against Ericsson over what it says is the Swedish firm's refusal to honour agreements to supply equipment, Tele2 represe...
Nov 11, 2022
Hong Kong’s Q3 GDP shrinks 4.5% y/y
HONG KONG (Reuters) - Hong Kong's economy contracted 4.5% in the third quarter from the same period a year earlier, government data showed on Friday, hit by rising global interest rates and a slump in...
Nov 11, 2022
Take Five: A UK budget and trouble in crypto land
LONDON (Reuters) - The long-awaited UK fiscal plan is (almost) here and after the ructions unleashed by September's mini-budget, markets are paying close attention. Chaos reigns in cryptoland as troub...
Nov 11, 2022
Chad agrees debt plan with creditors, including Glencore, says minister
N'DJAMENA (Reuters) - Chad has reached agreement on a debt plan with creditors, including Swiss commodities trader Glencore, finance minister Tahir Hamid Nguilin said in a statement on Friday. The dea...
Nov 11, 2022
European shares open higher as luxury, commodity-linked stocks jump
(Reuters) - European shares opened higher on Friday as news of China easing its stringent COVID rules boosted commodity-linked stocks as well as luxury goods retailers, which also got a lift from Rich...
Nov 11, 2022
Peoria, IL, USA
63 °F Overcast
