Category Archives:
China passenger vehicle sales rise in Dec, Tesla sales slump 41% – data
SHANGHAI (Reuters) - China's passenger car sales rose 2.4% in December as consumers rushed to make use of a subsidy for electric vehicles (EV) before they expired last month, with sales likely to shar...
Jan 10, 2023
Asian companies see earnings upgrades by analysts over the past month
(Reuters) - Analysts raised 2023 earnings estimates for Asian companies over the past month, contrasting with the raft of earnings downgrades in the last year, as China's reopening and slowing inflati...
Jan 10, 2023
Mercedes-Benz sells 2.05 million passenger cars in 2022
BERLIN (Reuters) -Mercedes-Benz delivered 2.05 million passenger cars in 2022, the company said on Tuesday, down 1% on the previous year as the carmaker felt the impact of COVID-19 measures and bottle...
Jan 10, 2023
European shares dip as rate hike nerves crimp rally
(Reuters) - European shares fell on Tuesday as investors turned cautious ahead of a speech by Federal Reserve Chair Jerome Powell after two U.S. central bank policymakers struck hawkish tones overnigh...
Jan 10, 2023
Prince Harry’s memoir hits shelves after days of controversy
By Michael Holden LONDON (Reuters) - After days of TV interviews, leaks, and a mistaken early release, Prince Harry's memoir officially went on sale on Tuesday and eager readers headed to bookshops to...
Jan 10, 2023
Britain’s satellite hopes undimmed by mission failure
LONDON (Reuters) - Britain's hopes of becoming a leading destination for the launch of small satellites remain intact despite the failure of the first mission, the country's business minister Grant Sh...
Jan 10, 2023
BMW brand delivers 2.1 million vehicles in 2022
BERLIN (Reuters) - The BMW brand delivered 2.1 million vehicles in 2022, down 5.1% from the previous year, but still maintained its number one position in the global premium segment, the company said ...
Jan 10, 2023
UK recession to limit 2023 growth in food retail sales to 5% – NielsenIQ
By James Davey LONDON (Reuters) - Weak confidence around personal finances and a squeeze on disposable income will hold back growth in food retail sales to around 5% in 2023, according to market resea...
Jan 10, 2023
Hungary exempts sale of local Vodafone unit from competition scrutiny
BUDAPEST (Reuters) -Hungary's government has declared local IT firm 4iG's purchase of a 51% stake in Vodafone's Hungarian unit a transaction of national strategic interest, exempting the deal from com...
Jan 10, 2023
Dalio’s Bridgewater cements rank in 2022 as top foreign hedge fund in China
By Summer Zhen and Samuel Shen HONG KONG/SHANGHAI (Reuters) - Bridgewater has doubled its fund assets in China to more than 20 billion yuan ($2.93 billion) over the past year, according to two sources...
Jan 10, 2023
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