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Taiwan chipmaker UMC imposes strict cost controls over weak demand
TAIPEI (Reuters) - Taiwanese chipmaker United Microelectronics Corp (UMC) said on Monday it was implementing strict cost controls because of soft demand and a weak outlook, in a further sign of pain f...
Syndicated Content Jan 16, 2023
Tesla under fire in Germany over union concerns on working hours, contracts
BERLIN (Reuters) - Tesla has come under fire from German union IG Metall and politicians over allegations by workers of unreasonable working hours and fears over speaking out at its Brandenburg plant,...
Syndicated Content Jan 16, 2023
European shares edge up on pharma boost, UK’s FTSE 100 nears record-high
By Bansari Mayur Kamdar (Reuters) - European shares inched up on Monday as gains in healthcare stocks helped the benchmark index extend its sharp rally thus far into the new year, while UK's FTSE 100 ...
Syndicated Content Jan 16, 2023
Italy’s Eni, Esso offices raided in antitrust probe over fuel price breaches
MILAN (Reuters) - Italy's antitrust authority said on Monday the offices of several oil companies, including Italy's Eni and Exxon Mobil Corp's ESSO Italiana unit, have been searched over alleged fuel...
Syndicated Content Jan 16, 2023
Volkswagen relishes competition in Chinese EV market
By Victoria Waldersee and Jan Schwartz BERLIN (Reuters) -Volkswagen wants to expand both its higher-end and lower-end offering in the Chinese market, China chief Ralf Brandstaetter said on Monday, cal...
Syndicated Content Jan 16, 2023
Kuroda to attend Davos, depart shortly after closely-watched BOJ meeting
TOKYO (Reuters) - Bank of Japan (BOJ) Governor Haruhiko Kuroda will travel to Davos and attend a panel at the annual World Economic Forum meeting on Friday, the central bank said on Monday. Kuroda wil...
Syndicated Content Jan 16, 2023
Toyota says to produce 10.6 million vehicles in 2023
TOKYO (Reuters) - Toyota Motor Corp on Monday said it expects to produce as many as 10.6 million vehicles this year, while warning of downward risk to its projection if it faces an impact from parts s...
Syndicated Content Jan 16, 2023
Japan’s top economic panel debates potential shift away from ‘Abenomics’
TOKYO (Reuters) - The Japanese government's top economic policy panel on Monday held its first round of special sessions that will discuss the medium-to-long term direction of fiscal and monetary poli...
Syndicated Content Jan 16, 2023
Russia’s McDonald’s successor applies for trademark in Kazakhstan
ASTANA (Reuters) - Vkusno & tochka, the Russian successor brand to McDonald's, has applied to have its trademarks registered in neighbouring Kazakhstan following the U.S. company's exit from its marke...
Syndicated Content Jan 16, 2023
Global jobs growth will halve in challenging 2023: ILO
LONDON (Reuters) - Global employment growth is expected to slow down sharply to 1% this year compared to 2% in 2022, hit by the economic fallout of the war in Ukraine, high inflation and tighter monet...
Syndicated Content Jan 16, 2023
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