Category Archives:
Analysis-China’s growth surprise is not tempting investors
By Rae Wee and Summer Zhen SINGAPORE (Reuters) - September data from China offered plenty of welcome surprises, with faster-than-expected growth, falling unemployment and a glimmer of momentum in cons...
Oct 18, 2023
JP Morgan, Nomura raise China’s 2023 economic growth forecast
(Reuters) - JP Morgan and Nomura on Wednesday lifted their forecast for China's economic growth for the year, after the economy grew at a faster-than-expected pace in the third quarter from a year ear...
Oct 18, 2023
Nexi shares fail to open on bid report as CVC declines to comment
MILAN (Reuters) - Shares in Italy's Nexi failed to start trading at open on Wednesday due to excessive gains fuelled by a media report of a possible bid by CVC Capital Partners which the private equit...
Oct 18, 2023
Exclusive-China’s Nio considers tapping dealers to boost EV sales in Europe – sources
SHANGHAI (Reuters) - Chinese electric vehicle maker Nio is considering building a dealer network in Europe to speed up sales growth, three sources familiar with the matter said, even as China's EVs fa...
Oct 18, 2023
Australia antitrust watchdog to oversee domestic air travel sector
SYDNEY (Reuters) - Australia will ask its competition watchdog to monitor domestic passenger flights in a bid to boost competition in a sector dominated by national carrier Qantas, which is under scru...
Oct 18, 2023
Adidas shares jump after 2023 guidance raise
LONDON (Reuters) - Shares in Adidas gained 4% at the open on Wednesday after the sportswear firm raised its guidance for the year in a surprise third-quarter results pre-release. Adidas said it now ex...
Oct 18, 2023
Analysis-US throws Nvidia a lifeline while choking off China’s chipmaking future
By Stephen Nellis and Max A. Cherney SAN FRANCISCO (Reuters) - While stripping China's access to key U.S. artificial intelligence chips, the Biden administration's sweeping new rules also quietly thre...
Oct 18, 2023
Infineon signs semiconductor supply deal with automakers Hyundai, Kia
BERLIN (Reuters) - German chip manufacturer Infineon said on Wednesday it has signed a multi-year agreement with Hyundai and Kia to supply power semiconductors for the production of electric cars. Inf...
Oct 18, 2023
UK inflation rate holds at 6.7% in September
LONDON (Reuters) - British annual consumer price inflation (CPI) was unchanged at 6.7% in September holding at August's 18-month low, official data showed on Wednesday. Economists polled by Reuters ha...
Oct 18, 2023
BOJ seen lifting inflation forecasts as pressure on policy grows
By Leika Kihara TOKYO (Reuters) - The Bank of Japan is expected to raise its inflation forecasts this month to show prices exceeding its 2% target for two straight years, three people familiar with th...
Oct 18, 2023
Peoria, IL, USA
60 °F Partly cloudy
