Category Archives:
ASML: trade war risks increasing, but no 2023 impact on China sales
By Toby Sterling AMSTERDAM (Reuters) - ASML Holding NV on Wednesday warned growing global trade and export controls pose a threat to its business, but it does not expect new restrictions on exports to...
Feb 15, 2023
Resurgent China will drive 2023 oil demand but deficit could loom – IEA
By Noah Browning LONDON (Reuters) - China will make up nearly half of this year's oil demand growth after it relaxed its COVID-19 curbs, the International Energy Agency (IEA) said on Wednesday, but re...
Feb 15, 2023
IKEA says shrinks climate footprint with help from new light bulbs
By Marie Mannes and Anna Ringstrom STOCKHOLM (Reuters) - IKEA, the world's biggest furniture brand, said on Wednesday its annual carbon emissions fell 5% in the last fiscal year following efforts to b...
Feb 15, 2023
China says U.S. balloons flew over Xinjiang, Tibet, warns of countermeasures
BEIJING (Reuters) -China said on Wednesday that U.S. high altitude balloons flew over its Xinjiang and Tibet regions, and it will take measures against U.S. entities that undermine Chinese sovereignty...
Feb 15, 2023
India’s Jan merchandise trade deficit hits 1-year low of $17.75 billion
NEW DELHI (Reuters) - India's merchandise trade deficit in January hit its lowest in a year at $17.75 billion, down from $23.76 billion in the previous month, according to a Reuters calculation based ...
Feb 15, 2023
Inflation in Pakistan could average 33% in H1 2023, says Moody’s economist
By Swati Bhat and Gibran Naiyyar Peshimam MUMBAI/ISLAMABAD (Reuters) - Inflation in Pakistan could average 33% in the first half of 2023 before trending lower, and a bailout from the International Mon...
Feb 15, 2023
India may consider fuel, maize tax cuts to cool inflation – sources
By Swati Bhat and Aftab Ahmed MUMBAI/NEW DELHI (Reuters) - The Indian government could consider reducing taxes on some items such as maize and fuel in response to the central bank's recommendations to...
Feb 15, 2023
Euro zone inflation could fall faster than thought, ECB’s De Cos says
MADRID (Reuters) - Euro zone inflation could fall faster than earlier thought given a host of positive developments in recent months but past price hikes and a tight labour market could still exert up...
Feb 15, 2023
TenneT, Germany’s sonnen harness EV batteries to stabilise power grid
FRANKFURT (Reuters) - German solar firm sonnen said on Wednesday it has successfully stored excess grid power in electric car batteries owned by its customers to help stabilise power networks operated...
Feb 15, 2023
Chinese chip trade group opposes export controls from U.S., Netherlands, Japan
SHANGHAI (Reuters) - The China Semiconductor Industry Association (CSIA), the country's top chip industry trade group, opposes reported export controls from the United States, Japan and the Netherland...
Feb 15, 2023
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