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Exclusive-BYD reduces shifts at two EV assembly plants in China – sources
SHANGHAI (Reuters) - BYD has reduced shifts at two auto assembly plants in China, people with knowledge of the matter told Reuters, in a sign of how weaker demand in the world's largest auto market is...
Syndicated Content Mar 21, 2023
Vietnam’s Be Group in deal to become country’s first ride-hailing firm to use EVs
HANOI (Reuters) - Vietnam's Be Group said on Tuesday it has signed an agreement with an electric vehicle leasing service that will make it the first ride-hailing firm in the country to use EVs. Be, a ...
Syndicated Content Mar 21, 2023
German exporters’ dip in China trade dampens post-lockdown hopes
BERLIN (Reuters) - German exports to China declined significantly in February, dampening hopes of a trade revival following the end of strict coronavirus measures at the end of last year, the federal ...
Syndicated Content Mar 21, 2023
Maserati aims at driving margins higher before any spin-off talk
By Giulio Piovaccari MILAN (Reuters) - Maserati aims to increase its margin on operating profit to 15% in the next 12 months and sees a longer term target of 20% by the end of this decade, according t...
Syndicated Content Mar 21, 2023
Screening of “Winnie the Pooh” horror film cancelled in Hong Kong
By Jessie Pang and Farah Master HONG KONG (Reuters) - The screening of "Winnie the Pooh: Blood and Honey", a British slasher film due to be released in Hong Kong this week, has been cancelled for tech...
Syndicated Content Mar 21, 2023
SNB sold $24bln in foreign currencies during 2022 in intervention U-turn
ZURICH (Reuters) -The Swiss National Bank sold 22.3 billion Swiss francs ($23.97 billion) worth of foreign currencies interventions last year, the central bank said in its annual report published on T...
Syndicated Content Mar 21, 2023
Google suspends China’s Pinduoduo app due to malware issues
(Reuters) - Alphabet Inc's Google suspended the Play version of PDD Holdings Inc's Pinduoduo app after malware issues were found on the Chinese platform, a Google spokesperson said on Tuesday. "The Of...
Syndicated Content Mar 21, 2023
India’s bluechip Nifty index to snap seven-yr winning run -BofA Global Research
(Reuters) - India's bluechip Nifty 50 index will end at around 18,000 points this year, about 5.5% higher than current levels but roughly flat with end-2022, as company earnings will be hit by high ra...
Syndicated Content Mar 21, 2023
Cryptoverse: Bitcoin passes the bank stress test
By Lisa Pauline Mattackal and Medha Singh (Reuters) - As crisis stalks the traditional world of stocks and bonds, bitcoin is suddenly looking like a safe haven. The infamously volatile cryptocurrency ...
Syndicated Content Mar 21, 2023
IMF bailout not a silver bullet for Sri Lanka, says Moody’s Analytics
By Swati Bhat and Uditha Jayasinghe MUMBAI (Reuters) - Sri Lanka has a difficult road ahead irrespective of how much funding it receives from multilateral and global financial agencies, a senior econo...
Syndicated Content Mar 21, 2023
Peoria, IL, USA
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