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Dollar drifts as traders weigh rate path; yen fragile
By Ankur Banerjee SINGAPORE (Reuters) - The U.S. dollar was tentative on Monday as investors tried to assess the monetary policy path ahead after a raft of central bank meetings last week, while the y...
Syndicated Content Jun 18, 2023
Their parents made China the world’s factory. Can the kids save the family business?
By David Kirton RUICHANG, China (Reuters) - When Steven Du took over his parents' factory producing temperature control systems in Shanghai, one of the first changes he made was to turn on the plant's...
Syndicated Content Jun 18, 2023
Golf – Clark wins U.S. Open for first major title
LOS ANGELES (Reuters) - American Wyndham Clark won the U.S. Open at Los Angeles Country Club by one shot over Rory McIlroy on Sunday to claim his first major title. Clark, who began the day in a share...
Syndicated Content Jun 18, 2023
Oil prices come off earlier gains as banks cut China growth forecasts
By Katya Golubkova TOKYO (Reuters) - Global oil prices fell on Monday, backing off last week's gains as questions over China's economy outweighed OPEC+ output cuts and the seventh straight drop in the...
Syndicated Content Jun 18, 2023
Asian stocks off to a slow start, eyeing China stimulus, Powell testimonies
By Stella Qiu SYDNEY (Reuters) - Asian shares started cautiously on Monday after their best weekly run in five months, as investors looked ahead to China's rate decision and U.S. Federal Reserve Chair...
Syndicated Content Jun 18, 2023
Fortescue expands battery and electric powertrain output in UK with new plant
(Reuters) - Australian miner Fortescue Metals is expanding its battery and electric powertrain production operations in the UK with a new plant in Oxfordshire, its green power arm Fortescue Future Ind...
Syndicated Content Jun 18, 2023
JLR taps Everstream Analytics’ AI to dodge supply chain problems
By Nick Carey LONDON (Reuters) - JLR said on Monday it has partnered with supply chain mapping and risk analytics firm Everstream Analytics, which will embed artificial intelligence into the British l...
Syndicated Content Jun 18, 2023
Analysis-China bankers told to shun flashy clothes, 5-star hotels in austerity drive
By Xie Yu, Ziyi Tang and Julie Zhu HONG KONG (Reuters) - From cutting salaries and bonuses and asking staff not to wear expensive clothes and watches at work, to reining in travel and entertainment ex...
Syndicated Content Jun 18, 2023
Russia’s Yandex fined for refusing to share user information with security services
(Reuters) - A Moscow court fined Nasdaq-listed Yandex 2 million roubles ($24,242) for repeatedly refusing to provide the Federal Security Service, or FSB, with information about its users, Russia's st...
Syndicated Content Jun 18, 2023
Ford chairman says US can’t yet compete with China on EVs – CNN interview
(Reuters) - Ford Motor Executive Chairman Bill Ford said the United States was not ready yet to compete with China in the production of electric vehicles. "They developed very quickly, and they develo...
Syndicated Content Jun 18, 2023
Peoria, IL, USA
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