Category Archives:
Chinese households turn to jewellery and gold in flight to safety
By Winni Zhou and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) - Violet Zhu, a Shanghai-based electronic components exporter, has been attending jewellery auctions and chatting on social media forums on...
Apr 18, 2023
TotalEnergies’ variable cost margin for European refineries jumps in the first quarter
(Reuters) - French energy company TotalEnergies' variable cost margin for European refineries jumped to $87.8 dollar per tonne in the first quarter, the company said in a preliminary release of main i...
Apr 18, 2023
Russia building reserves in assets the West can’t sanction – central bank chief
MOSCOW (Reuters) - Russian Central Bank Governor Elvira Nabiullina said on Tuesday Russia is building its international reserves with assets that cannot be targeted by Western sanctions, the TASS news...
Apr 18, 2023
Seven & i Holdings says will oppose board proposal by ValueAct Capital
TOKYO (Reuters) - Japanese retailer Seven & i Holdings Co said on Tuesday it will oppose a board proposal by activist investor ValueAct Capital. ValueAct, which owns a 4.4% stake in Seven & i, is call...
Apr 18, 2023
UK’s Cineworld scraps planned sale of Eastern European, Israeli operations
(Reuters) -British cinema chain operator Cineworld said on Tuesday it has abandoned the planned sale of its businesses in Eastern Europe and Israel, saying the proposals it got did not meet the value ...
Apr 18, 2023
Once-dominant foreign auto brands pledge comeback in China
SHANGHAI (Reuters) - Global automakers, including Toyota and Volkswagen, took the stage at the Shanghai auto show on Tuesday with built-for-China and electric-drive products to compete for a high-stak...
Apr 18, 2023
Chinese province plans 30 billion yuan semiconductor fund to promote chip industry- Securities Times
BEIJING (Reuters) - China's southern Guangdong province is planning to launch a second phase of a semiconductor fund with a scale of 30 billion yuan ($4.37 billion), state media Securities Times repor...
Apr 18, 2023
UK unemployment edges up but pay growth stays high
LONDON (Reuters) -Britain's unemployment rate rose unexpectedly in the three months to February but pay growth stayed higher than forecast, highlighting the dilemma for the Bank of England as it judge...
Apr 18, 2023
Nissan aims for 80% of model line-up to be electric by 2030 – exec
SHANGHAI (Reuters) - Japanese automaker Nissan Motor aims to have seven electric vehicle (EV) models by 2026 and 80% of its line-up to be electric by 2030, chief operating officer Ashwani Gupta said o...
Apr 18, 2023
Italy’s data watchdog: ChatGPt can resume on April 30 if OpenAI takes ‘useful steps’
ROME (Reuters) - Italy's data protection watchdog is ready to reactivate the ChatGPT chatbot on April 30 if its maker OpenAI takes "useful steps" to address the agency's concerns, its chief Pasquale S...
Apr 18, 2023
Peoria, IL, USA
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