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UK’s Motorway takes eBay approach for consumers to sell cars to dealers
By Nick Carey LONDON (Reuters) - Fast-growing UK startup Motorway has taken an asset-light, eBay-like online marketplace approach for consumers to sell used cars directly to dealers, a model the compa...
Syndicated Content Oct 05, 2023
Analysis-Bond vigilantes circle battered US Treasury market
By David Randall and Davide Barbuscia NEW YORK (Reuters) - Bond investors' rising concerns around U.S. government spending and its ballooning budget deficit are contributing to a steep sell-off that h...
Syndicated Content Oct 05, 2023
Analysis-Evergrande crisis tests Beijing’s fallout management as creditor jitters mount
By Xie Yu and Clare Jim HONG KONG (Reuters) - As developer China Evergrande Group lurched from one crisis to another over the past two years, Beijing avoided directly intervening to rescue what was no...
Syndicated Content Oct 05, 2023
Global miner BHP to focus on cost cuts, patient on M&A
By Melanie Burton MELBOURNE (Reuters) -Global miner BHP Group is focused on cutting costs to drive growth while being patient on buying assets, its chief development officer Johan van Jaarsveld said o...
Syndicated Content Oct 04, 2023
Marketmind: A bond bounce, or a bull trap?
A look at the day ahead in European and global markets from Tom Westbrook Relief extended from Wall Street to Marunouchi on Thursday, with bond yields and the dollar down further and stock markets sta...
Syndicated Content Oct 04, 2023
Pakistani ecommerce logistics startup Rider looking to acquire BlueEx
By Ariba Shahid KARACHI, Pakistan (Reuters) - Pakistani ecommerce logistics startup Rider, backed by YCombinator, is looking into acquiring BlueEx the only listed Express Courier Logistics Company in ...
Syndicated Content Oct 04, 2023
Belgium’s intelligence service monitors Alibaba hub over ‘espionage’ concerns -FT
(Reuters) - Belgium's intelligence service has been monitoring Alibaba's main logistics hub in Europe for espionage following suspicions Beijing has been exploiting its growing economic presence in th...
Syndicated Content Oct 04, 2023
US budget fight could create opening for China in the Pacific
By David Brunnstrom WASHINGTON (Reuters) - A 45-day stopgap measure passed by the U.S. Congress to avert a government shutdown has left potential funding shortfalls for strategic Pacific island states...
Syndicated Content Oct 04, 2023
Fourteen dead, 102 missing after Indian glacial lake bursts bank in heavy rain
NEW DELHI (Reuters) - At least 14 people were killed and 102, including 22 army personnel, were missing in northeast India on Thursday after heavy rain caused a glacial lake to burst its banks, trigge...
Syndicated Content Oct 04, 2023
Japan’s Kishida vows to focus on wage hikes at union meeting
By Leika Kihara TOKYO (Reuters) - Japanese Prime Minister Fumio Kishida on Thursday stressed the need to achieve sustained, broader wage hikes to cushion the blow to households from rising living cost...
Syndicated Content Oct 04, 2023
Peoria, IL, USA
39 °F Light Rain
