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Indonesia Battery Corp eyes surge in electric scooters sales on incentive plan
By Fransiska Nangoy and Bernadette Christina JAKARTA (Reuters) - State battery company Indonesia Battery Corporation (IBC) is targeting a local market share of up to 30% for electric motorbikes, its c...
Syndicated Content Feb 24, 2023
Boeing shares fall after new Dreamliner delivery halt
(Reuters) - Boeing Co shares fell 3.2% in premarket trading on Friday after the U.S. planemaker temporarily halted deliveries of its 787 Dreamliner jets over a documentation issue related to a fuselag...
Syndicated Content Feb 24, 2023
Futures slide on caution ahead of inflation data
(Reuters) - U.S. stock index futures fell on Friday as investors turned cautious ahead of a fresh reading on monthly inflation that could offer clues on further monetary policy tightening by the Feder...
Syndicated Content Feb 24, 2023
U.S. nominee for World Bank wins positive reviews at G20 finance meeting
By David Lawder and Christian Kraemer BENGALURU (Reuters) - The U.S. nominee to lead the World Bank, ex-MasterCard CEO Ajay Banga, gained traction with leading members on Friday, a sign that he will l...
Syndicated Content Feb 24, 2023
Financial crime watchdog FATF suspends Russia’s membership over Ukraine war
PARIS (Reuters) - Global financial crime watchdog Financial Action Task Force (FATF) on Friday suspended Russia's membership, saying Moscow's war in Ukraine violated the organisation's principles. "Th...
Syndicated Content Feb 24, 2023
Philippines central bank chief expects one more rate hike this year, possibly in March
MANILA (Reuters) - The Philippine central bank will likely raise interest rates one more time this year and that could happen at its next monetary policy meeting in March, most likely by 25 basis poin...
Syndicated Content Feb 24, 2023
Goldman Sachs expects $2.3 billion more in potential losses from legal disputes
(Reuters) - Goldman Sachs Group Inc said on Friday it was expecting possible losses from legal proceedings to be up to $2.3 billion more than the reserves it had set aside for such matters, as of last...
Syndicated Content Feb 24, 2023
China economy expected to rebound in 2023 with expansion of domestic demand
BEIJING (Reuters) - China' economy is expected to generally rebound in 2023, and the country will increase macro policy regulation with a focus on supporting the expansion of domestic demand, accordin...
Syndicated Content Feb 24, 2023
Canadian lender CIBC’s profit falls on higher legal provisions
(Reuters) -Canadian Imperial Bank of Commerce (CIBC) reported a fall in its first-quarter profit on Friday, weighed down by higher provisions to settle a lawsuit tied to the 2008 global financial cris...
Syndicated Content Feb 24, 2023
Canada has firepower to invest billions in green transition, analysts say
By Steve Scherer OTTAWA (Reuters) - Canada has the firepower to invest billions of dollars in the green transition over the coming years to make it more competitive with the United States, analysts sa...
Syndicated Content Feb 24, 2023
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