Category Archives:
Hyundai Motor to make BAIC’s ARCFOX electric cars in Beijing – report
SEOUL (Reuters) - Hyundai Motor has decided to produce Beijing Automotive Group Co's EV brand ARCFOX cars at its plant in Beijing in a bid for a breakthrough in a major market where it has been strugg...
Oct 11, 2023
Yellen sees economic risks from Gaza conflict, says U.S. always looking at sanctions
By Andrea Shalal and David Lawder MARRAKECH, Morocco (Reuters) - U.S. Treasury Secretary Janet Yellen said the unprecedented attacks on Israel by Palestinian Islamist group Hamas posed additional risk...
Oct 11, 2023
German economy expected to contract 0.4% in 2023 – economy ministry
BERLIN (Reuters) - The German government expects the economy to shrink by 0.4% this year due to persistent inflation, high energy prices and weak international trade, the economy ministry said on Wedn...
Oct 11, 2023
Global economic losses from extreme weather could hit $5 trln -Lloyd’s
LONDON (Reuters) - Global economic losses could reach $5 trillion under a "plausible increase" in extreme weather events linked to climate change that cause crop failures and food and water shortages,...
Oct 11, 2023
India’s TCS reports marginal Q2 profit beat, approves share buyback
By Sethuraman N R BENGALURU (Reuters) - India's No.1 IT services exporter Tata Consultancy Services Ltd reported a second-quarter profit on Wednesday that just about beat estimates. Net profit rose to...
Oct 11, 2023
Crypto token ether could rise five-fold by end-2026, StanChart says
LONDON (Reuters) - Ether, the second-largest cryptocurrency, may rise more than five-fold in value by the end of 2026, according to global bank Standard Chartered, its latest prediction of rocketing c...
Oct 11, 2023
Factbox-Sri Lanka still in debt restructuring talks with creditors
(Reuters) - Sri Lanka, mired in its worst economic crisis in decades, is in debt restructuring talks with a range of bilateral creditors, including China, its largest single creditor. The island natio...
Oct 11, 2023
China’s car sales quicken in Sept; exports rise 50%
BEIJING (Reuters) -Car sales in China increased 4.7 percent in September from the same month a year ago, official data showed, boosted by more people buying discounted and new models ahead of key holi...
Oct 11, 2023
Analysis-China property creditors face worsening restructuring terms as sector recovery hopes sour
By Clare Jim, Xie Yu and Davide Barbuscia HONG KONG/NEW YORK (Reuters) - As more Chinese property developers move towards restructuring billions of dollars of debt, their offshore creditors are expect...
Oct 11, 2023
ECB may have done enough to fight off inflation: de Cos
MARRAKECH (Reuters) - The European Central Bank may have done enough to fight off inflation but needs to keeps its options open in case new shocks throw price growth off its current trajectory, Spanis...
Oct 11, 2023
Peoria, IL, USA
70 °F Partly cloudy
