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India’s newest infra lender to loan 1 trillion rupees this fiscal -official
By Ira Dugal MUMBAI (Reuters) - The Indian government-backed National Bank for Financing Infrastructure and Development (NaBFID) expects to sanction close to 1 trillion rupees ($12.23 billion) in loan...
Syndicated Content May 16, 2023
Emissions scandal: Ex-Audi boss admits role in fraud by negligence in German court
MUNICH (Reuters) - Former Audi boss Rupert Stadler accepted his role in committing fraud by negligence in the diesel emissions scandal, according to a statement made in German court on Tuesday, having...
Syndicated Content May 16, 2023
China’s Tencent Music revenue beats estimates on strong user growth
(Reuters) - China's Tencent Music Entertainment Group on Tuesday reported higher revenue after five straight quarterly declines, driven by growth in paying users on its Spotify-like music streaming pl...
Syndicated Content May 16, 2023
EU Council adopts first legal framework to regulate crypto sector
BRUSSELS (Reuters) - The European Council on Tuesday said it had adopted the world's first comprehensive set of rules for cryptoassets regulation (MiCa). MiCA, which was already approved by EU member ...
Syndicated Content May 16, 2023
China’s Baidu beats quarterly revenue estimates on ad strength
(Reuters) -Search engine giant Baidu Inc beat first-quarter revenue estimates on Tuesday as businesses spent more on advertising after China lifted COVID curbs late last year. Revenue rose 10% to 31.1...
Syndicated Content May 16, 2023
Euro zone Q1 GDP growth confirmed at 0.1% q/q, Q1 exports jump
BRUSSELS (Reuters) - Euro zone economic growth was 0.1% quarter-on-quarter in the first three months of the year, the EU's statistics agency confirmed on Tuesday, with rising employment and a sharp in...
Syndicated Content May 16, 2023
Biden administration announces $11 billion for rural clean energy projects
By Leah Douglas WASHINGTON (Reuters) - Rural electric cooperatives, utilities, and other energy providers will soon be able to apply for nearly $11 billion in grants and loans for clean energy project...
Syndicated Content May 16, 2023
Twitter objects to Turkish court orders after pre-election warnings
ISTANBUL (Reuters) - Twitter said it had filed objections to Turkish court orders requesting a ban on access to some accounts and tweets on the platform, after keeping its service available during an ...
Syndicated Content May 16, 2023
Investors lift equity allocations to 5-month high – BofA survey
LONDON (Reuters) - Investors lifted equity allocations to a 5-month high but cash levels also increased to 5.6%, even as they remained worried about a possible credit crunch and inflation staying elev...
Syndicated Content May 16, 2023
Tesla applies to expand Shanghai plant, add pouch battery cell output
(Reuters) - Tesla Inc has applied for regulatory clearance to expand its Shanghai plant and to begin producing for the first time pouch-type battery cells, albeit in small numbers. An undated public n...
Syndicated Content May 16, 2023
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