Category Archives:
Russian parliament approves Kudrin’s exit from Audit Chamber, paving way for Yandex move
(Reuters) - The upper chamber of Russia's parliament approved the resignation of Alexei Kudrin as head of the Audit Chamber on Wednesday, paving the way for him to take up a potential role at Russian ...
Nov 30, 2022
Fashion retailer H&M to cut 1,500 jobs in cost saving drive
OSLO (Reuters) -Swedish fashion retailer H&M will cut some 1,500 jobs as part of its cost cutting drive and book a restructuring charge of 800 million Swedish crowns ($75.80 million) in the fourth qua...
Nov 30, 2022
BYD set to be China’s top-selling car brand for Nov, Tesla gains -data
SHANGHAI (Reuters) - BYD was the top-selling car brand in China in the first four weeks of November, brokerage data showed, outperforming the Volkswagen brand in a reversal that highlights the pressur...
Nov 30, 2022
Thai central bank raises key interest rate by 25 bps to 1.25%
BANGKOK (Reuters) - Thailand's central bank raised its key interest rate by 25 basis points for a third straight meeting on Wednesday, as it tries to contain above-target inflation while supporting an...
Nov 30, 2022
Mazda sees no impact on Japan vehicle production from current China lockdowns
TOKYO (Reuters) - Mazda Motor Corp does not expect to have problems maintaining production in Japan for the time being despite COVID lockdowns in China as the automaker has sufficient inventories of p...
Nov 30, 2022
Hong Kong sees IPO slowdown reversing; eyes international issuers
By Sumeet Chatterjee HONG KONG (Reuters) - Hong Kong has more than a hundred applicants in the pipeline for initial public offerings (IPOs) and is eyeing more companies and investors from markets incl...
Nov 30, 2022
Bank of Korea ready to readjust tightening pace, going by data
SEOUL (Reuters) - South Korea's central bank is ready to readjust the pace of its policy tightening to respond to an economic slowdown and a slumping property market, the bank's governor told the Reut...
Nov 30, 2022
Allegro third-quarter profit rises as Polish business returns to growth
(Reuters) -Poland's biggest e-commerce platform Allegro reported a rise in third-quarter core profit on Wednesday, driven by a recovery in the company's key home market, as it managed delivery costs a...
Nov 30, 2022
Australian battery metal players key to South Korea’s EV ambition
SYDNEY (Reuters) - Australia will play a big role in South Korea's ambition to lead the electric vehicle batteries market and diversify from China for its battery metals needs, a top South Korean exec...
Nov 30, 2022
Why Macron? Biden state dinner highlights France’s U.S. appeal
By Michel Rose, Steve Holland and Simon Lewis WASHINGTON (Reuters) - President Joe Biden's welcoming of French President Emmanuel Macron at the first White House state visit on Thursday since the U.S....
Nov 30, 2022
Peoria, IL, USA
45 °F Sunny
