Category Archives:
Boeing says 11 Chinese airlines have resumed operating 737 MAX
BEIJING (Reuters) - Boeing said on Tuesday that 11 Chinese airlines have resumed operation of the 737 MAX as of April 10, in a positive sign for the U.S. planemaker's attempts to rebuild its business ...
Apr 11, 2023
Smaller Chinese banks cut deposit rates on squeezed margins
BEIJING (Reuters) - Several small and mid-sized banks in China have lowered their deposit interest rates, a move that could help ease costs as loan growth faces more pressure amid rising economic risk...
Apr 11, 2023
Uniqlo owner expected to post 30% profit rise, as investors eye China results
By Rocky Swift TOKYO (Reuters) - Second-quarter results from Japan's Fast Retailing Co, owner of clothing brand Uniqlo, will on Thursday offer a window into how rapidly demand in China is recovering a...
Apr 11, 2023
Hyundai Motor Group to invest $18 billion in EV industry in S.Korea by 2030
SEOUL (Reuters) -Hyundai Motor Group said on Tuesday it planned to invest 24 trillion won ($18.14 billion) in South Korea's electric vehicle (EV) industry through 2030 in a bid to bolster the EV ecosy...
Apr 11, 2023
Three quit Samsung India’s public policy team in a week -sources
By Munsif Vengattil and Aditya Kalra NEW DELHI (Reuters) - Three public policy executives of the India team of Samsung Electronics have resigned, sources told Reuters on Tuesday, in simultaneous depar...
Apr 11, 2023
BMW sales fall slightly in Q1
(Reuters) - BMW delivered 588,138 vehicles in the first quarter of this year, down 1.5% on the previous year, the German carmaker said on Tuesday. Electric vehicle sales rose 83.2% year-on-year to 64,...
Apr 11, 2023
Analysis-Japan’s upbeat wages may keep new BOJ chief on hook for policy tweak
By Leika Kihara TOKYO (Reuters) - Japan's new central bank governor Kazuo Ueda says he is in no rush to shift away from the radical monetary stimulus of his predecessor, but wage pressures may force h...
Apr 11, 2023
Credit Suisse job cuts must be frozen, Swiss Bank Employees’ Association says
ZURICH (Reuters) - Credit Suisse and UBS must freeze any job cuts planned as part of their emergency merger, the Swiss Bank Employees' Association (SBPV) said on Monday, in an open letter to the count...
Apr 11, 2023
Cineworld files restructuring plan in US
(Reuters) - Cineworld, the world's second-largest cinema chain operator, said on Tuesday it had filed a plan of reorganisation with the U.S. Bankruptcy Court for the Southern District of Texas, Housto...
Apr 11, 2023
Theranos founder Elizabeth Holmes cannot remain free during appeal, judge rules
By Jody Godoy and Bharat Gautam (Reuters) - A U.S. judge on Monday denied Theranos founder Elizabeth Holmes' request to remain free on bail while she appeals her conviction on charges of defrauding in...
Apr 11, 2023
Peoria, IL, USA
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