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Alibaba fires manager who allegedly sexually assaulted female staffer
By Josh Horwitz SHANGHAI (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd has fired a manager who allegedly sexually assaulted a female employee and will establish policies to prevent se...
Syndicated Content Aug 08, 2021
China’s July factory price growth quickens, adds to business cost pressures
BEIJING (Reuters) - China's factory gate prices in July rose at a faster clip from the previous month and exceeded analyst expectations, adding to pressure on businesses struggling with high raw mater...
Syndicated Content Aug 08, 2021
Oil slumps on China travel curbs, strong U.S. dollar
By Sonali Paul MELBOURNE (Reuters) - Oil prices dropped 2% on Monday, extending last week's steep losses on the back of a rising U.S. dollar and concerns that new pandemic curbs in Asia, especially Ch...
Syndicated Content Aug 08, 2021
Ritchie Bros to buy Euro Auctions for $1 billion
(Reuters) - Asset management company Ritchie Bros said on Sunday it would acquire plant and machinery auction house Euro Auctions for an enterprise value of 775 million pounds ($1.07 billion) in cash....
Syndicated Content Aug 08, 2021
Norwegian Cruise says U.S. judge allows it to ask for passengers’ vaccine proof
(Reuters) - Norwegian Cruise Line Holdings Ltd. said on Sunday that a U.S. judge ruled in its favor allowing it to document passengers' COVID-19 immunity status and put on hold Florida's ban on "vacci...
Syndicated Content Aug 08, 2021
Dollar hits four-month high on euro as markets bet on earlier Fed taper
By Kevin Buckland TOKYO (Reuters) - The dollar climbed against major peers on Monday, reaching a four-month high versus the euro, as traders positioned for an earlier tapering of Federal Reserve stimu...
Syndicated Content Aug 08, 2021
Asia stocks spooked by sudden slide in gold
By Wayne Cole SYDNEY (Reuters) - Asian shares wobbled on Monday amid sharp losses in gold and oil prices, while the dollar held near four-month highs after an upbeat U.S. jobs report lifted bond yield...
Syndicated Content Aug 08, 2021
Renault to explore hybrid vehicles with Geely
BEIJING/SHANGHAI (Reuters) - Renault and Geely said on Monday they would jointly develop petrol-electric hybrid vehicles for China and South Korean markets, as the French automaker revives plans for t...
Syndicated Content Aug 08, 2021
France’s Renault, China’s Geely to explore new hybrid-focused JV – sources
By Norihiko Shirouzu BEIJING (Reuters) - France's Renault SA is looking to revive business in China by forming a hybrid vehicle joint venture with Geely Holding Group, sources said, a year after it en...
Syndicated Content Aug 08, 2021
Westpac exits life insurance with $660 million unit sale to Japan’s Dai-ichi
(Reuters) -Westpac Banking Corp on Monday became the latest Australian firm to retreat from the life insurance sector, as it agreed to an A$900 million ($660 million) sale of its domestic unit to Japa...
Syndicated Content Aug 08, 2021

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