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Exclusive: Global carmakers now target $515 billion for EVs, batteries
By Paul Lienert and Tina Bellon (Reuters) - Global automakers are planning to spend more than half a trillion dollars on electric vehicles and batteries through 2030, according to a Reuters analysis, ...
Syndicated Content Nov 09, 2021
Exclusive: Tycoon Richard Liβs FWD considers shifting US IPO to Hong Kong β sources
By Scott Murdoch, Julie Zhu and Kane Wu HONG KONG (Reuters) - Asian insurer FWD Group, controlled by Hong Kong billionaire Richard Li, is contemplating shifting its $2-$3 billion share sale from the U...
Syndicated Content Nov 09, 2021
India October inflation likely stable, gives RBI room on rates β Reuters poll
By Tushar Goenka BENGALURU (Reuters) - India's retail inflation likely hovered near a six-month low in October as higher food and fuel prices were offset by an overall favourable comparison with price...
Syndicated Content Nov 09, 2021
Volkswagen plans farewell to legendary Santana model in China
BEIJING (Reuters) - Volkswagen plans to stop making Santana cars in China, bidding farewell after over three decades to its first Chinese-made model that became a symbol of the country's rising middle...
Syndicated Content Nov 09, 2021
Smartphone maker Xiaomi switches China playbook with eye toward EV showrooms
By Josh Horwitz SHANGHAI (Reuters) - Chinese smartphone maker Xiaomi Corp is revamping its playbook in its home country by opening thousands of new stores to spur domestic sales growth in a highly com...
Syndicated Content Nov 09, 2021
TPG-backed Nykaa soars in India market debut to near $13 billion valuation
BENGALURU (Reuters) -Shares of fashion e-commerce platform Nykaa opened at a 79.4% premium to their offer price on Wednesday, gaining a valuation of 954.37 billion rupees ($12.86 billion), in the late...
Syndicated Content Nov 09, 2021
China launches 4 billion euro sovereign bond deal
HONG KONG (Reuters) - China launched a sale of euro-denominated sovereign bonds on Wednesday aimed at raising 4 billion euros ($4.62 billion), three weeks after the country raised $4 billion via a U.S...
Syndicated Content Nov 09, 2021
Japan coalition agree on income cap for stimulus payments to children -media
TOKYO (Reuters) - Japan's ruling coalition have agreed on a 9.6 million yen ($84,693) annual income cap for stimulus payments of 100,000 yen in cash and coupons to be distributed to households with ch...
Syndicated Content Nov 09, 2021
Southeast Asia internet economy to hit $1 trln by 2030, report says
SINGAPORE (Reuters) - Southeast Asia's internet economy is forecast to reach $1 trillion by 2030, as tens of millions more people take up online shopping and embrace food delivery, an industry report ...
Syndicated Content Nov 09, 2021
China should advance property tax legislation β think tank
BEIJING (Reuters) - China should advance the legislation of a proposed property tax and hold the line on speculative purchases, a state think tank said, underlining Beijing's resolve to tame the once ...
Syndicated Content Nov 09, 2021
Peoria, IL, USA
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