Category Archives:
Toyota says to boost EV development and technology in China
TOKYO (Reuters) - Toyota will strengthen its development of electric vehicle technology in China, the automaker said on Monday, as it looks to catch up with increasingly tough domestic competition in ...
Jul 31, 2023
Italy’s antitrust accepts Google’s proposals to end data portability case
MILAN (Reuters) - Italy's competition watchdog said on Monday it had accepted measures proposed by Google to end a probe over the tech giant's alleged abuse of its dominance position in the data porta...
Jul 31, 2023
Boeing supplier Senior’s profit rises on demand recovery
(Reuters) -British auto and aircraft parts supplier Senior reported a rise in half-yearly profit on Monday, buoyed by a recovery in its flexonics business and strong demand from planemakers. Planemake...
Jul 31, 2023
Japan’s W-Scope signs 5-yr supply deal with Samsung SDI, shares surge
TOKYO (Reuters) - Japan's W-Scope said on Monday it had signed a five-year deal with battery maker Samsung SDI to supply separators used in lithium-ion batteries, mainly to power electric vehicles (EV...
Jul 31, 2023
Analysis-Dwindling excess savings could scupper markets’ soft-landing hopes
By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) - Markets have high hopes for a soft landing for the economy, with bonds and equities rallying. Yet a sharp drawdown in the excess savings create...
Jul 31, 2023
BOJ flags broadening price, wage hikes in wake of policy tweak
By Leika Kihara TOKYO (Reuters) - Price hikes have spread rapidly among Japanese companies and sectors that had previously been cautious about passing on costs to households, the Bank of Japan (BOJ) s...
Jul 31, 2023
Goldman upgrades oil demand outlook as market tempers growth pessimism
(Reuters) - Goldman Sachs on Sunday revised up its global oil demand forecast for the year while sticking to its 12-month Brent price projection of $93 per barrel as higher realized inventories offset...
Jul 31, 2023
Foxconn unit to sign $194 million components plant deal with India’s Tamil Nadu-source
By Munsif Vengattil and Praveen Paramasivam CHENNAI (Reuters) - A Foxconn unit will on Monday sign an agreement with India's Tamil Nadu state to build a new facility for electronic components that wil...
Jul 31, 2023
Investors still see blue sky ahead for Europe travel stocks as boom abates
By Danilo Masoni MILAN (Reuters) - European travel stocks stumbled into some profit-taking as earnings season kicked off and extreme weather hit in July, but many investors are betting relatively attr...
Jul 31, 2023
Explainer-After surprise tweak, what now for BOJ’s yield curve control?
By Leika Kihara TOKYO (Reuters) - The Bank of Japan (BOJ) has tweaked its bond yield control policy and will allow interest rates to rise more freely, action that market participants have interpreted ...
Jul 30, 2023
Peoria, IL, USA
47 °F Mist
