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ECB’s Kazimir: bank’s priority is monetary policy normalisation
(Reuters) - The European Central Bank's priority is to focus on monetary policy normalisation as inflation in the euro zone has been unacceptably high, ECB policymaker Peter Kazimir said on Friday. Hi...
Syndicated Content Sep 09, 2022
BMW bets on cylindrical battery cells for new class of EVs from 2025
BERLIN (Reuters) - BMW will power its new class of electric vehicles to be released in 2025 with cylindrical battery cells made in six factories by partners including China's CATL and EVE Energy as th...
Syndicated Content Sep 09, 2022
Australian lenders NAB, ANZ to raise home loan rates by 50 bps
(Reuters) - Australia and New Zealand Banking Group joined National Australia Bank in raising its variable home loan interest rates on Friday, passing on the central bank's 50 basis points (bps) rate ...
Syndicated Content Sep 09, 2022
China’s Aug auto sales jump 32% with strong EV demand
SHANGHAI (Reuters) - China's auto sales reached 2.38 million units in August, increasing 32.1% from a year ago, as they extended a recovery led by electric vehicles (EV) whose sales have been boosted ...
Syndicated Content Sep 09, 2022
ECB’s Villeroy says: inflation will stay high next year
PARIS (Reuters) - French ECB policymaker Francois Villeroy de Galhau said on Friday that inflation in the euro zone should stay high next year and should be brought back around 2% by 2024. Villeroy ma...
Syndicated Content Sep 09, 2022
Analysis-Retail giant Aeon holding out as Japan dismantles controversial listings
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) - As many Japanese firms bow to pressure from shareholders and regulators to end the practice of listing subsidiaries - which critics say comprom...
Syndicated Content Sep 09, 2022
Japan unveils near-term steps to offset hit from rising prices
By Daniel Leussink and Kentaro Sugiyama TOKYO (Reuters) - Japan's government on Friday unveiled near-term stimulus steps to soften the economic blow of high food and energy prices on low-income househ...
Syndicated Content Sep 09, 2022
End of an era
A look at the day ahead in European and global markets from Tom Westbrook The death of Queen Elizabeth II and a frantic session of rate hikes and spending plans on Thursday seems likely to subdue trad...
Syndicated Content Sep 09, 2022
India’s Tata group in talks with Wistron to assemble iPhones – Bloomberg News
NEW DELHI (Reuters) -Indian conglomerate Tata Group is in talks with Taiwanese supplier Wistron Corp to establish a joint venture to assemble Apple's iPhones in India, Bloomberg News reported on Frida...
Syndicated Content Sep 09, 2022
Tesla considering lithium refinery in Texas
(Reuters) - Tesla Inc is considering setting up a lithium refinery on the gulf coast of Texas, as it looks to secure supply of the key component used in batteries amid surging demand for electric vehi...
Syndicated Content Sep 09, 2022
Peoria, IL, USA
43 °F Overcast
