Category Archives:
Russian factory activity expands in April as export orders pick up
MOSCOW (Reuters) - Activity in Russia's manufacturing sector grew for the 12th month running in April, and new export orders ended a 14-month sequence of decline, while inflationary pressures regained...
May 02, 2023
In race for efficient EVs, Mercedes taps F1 team to keep up with Tesla
By Nick Carey BRIXWORTH, England (Reuters) - Mercedes-Benz has plugged its Formula One team into the engineering process to build vastly more efficient mass-market electric vehicles (EVs), slashing de...
May 02, 2023
South African rand up slightly; focus on local PMIs and Fed this week
JOHANNESBURG (Reuters) - South Africa's rand was marginally stronger in early trade on Tuesday, with market attention this week likely to hinge on local purchasing managers' index (PMI) surveys and a ...
May 02, 2023
How JPMorgan’s Dimon won the First Republic deal
By Nupur Anand, Anirban Sen, David French and Isla Binnie NEW YORK (Reuters) - On March 12, as several U.S. banks reeled from a crisis in confidence, JPMorgan Chase & Co put its might behind First Rep...
May 02, 2023
EU, US warn Malaysia of national security risk in Huawei’s bid for 5G role – FT
(Reuters) - The European Union and U.S. have warned Malaysia over risks to national security and foreign investment as the Southeast Asian country finalises a review of its 5G rollout that could allow...
May 02, 2023
Cryptoverse: Digital coins lure inflation-weary Argentines and Turks
By Medha Singh and Lisa Pauline Mattackal (Reuters) - Can inherently volatile cryptocurrencies become safe-havens? Apparently they can in some parts of the world, such as Argentina and Turkey, where s...
May 02, 2023
Normalising China-Australia trade will take more than a political fix
By Lewis Jackson and Muyu Xu SYDNEY (Reuters) - More than three years since China first blocked a range of Australian imports in a political dispute, restrictions are easing, but reviving trade is pro...
May 02, 2023
Alan Joyce to step aside after 15 years as Qantas CEO
By Praveen Menon SYDNEY (Reuters) - Australia's flagship carrier, Qantas Airways Ltd, said on Tuesday that long-serving CEO Alan Joyce would step aside in November, and named Vanessa Hudson as its nex...
May 02, 2023
Australia central bank stuns market with 25-bps hike, says more might be needed
SYDNEY (Reuters) -Australia's central bank on Tuesday stunned markets by raising its cash rate 25 basis points when traders had looked for an extended pause, saying inflation was way too high and warn...
May 01, 2023
Marketmind: RBA shock hike starts huge week for central banks
A look at the day ahead in European and global markets from Asia markets correspondent Kevin Buckland. The Reserve Bank of Australia kicked off a string of major central bank meetings this week by sur...
May 01, 2023
Peoria, IL, USA
51 °F Thunderstorm In Vicinity, Mist
