Category Archives:
Russia services sector shrinks in Oct as employment falls -PMI
MOSCOW (Reuters) - Russia's service sector contracted sharply in October, dragged down by weak domestic and foreign demand, as well as slumping workforce numbers, which fell at the fastest pace in ove...
Nov 03, 2022
Europe leans on Asia for ‘homegrown’ EV batteries
By Nick Carey and Victoria Waldersee LONDON/BERLIN (Reuters) - Europe's drive to build a homegrown electric vehicle battery industry is hitting roadblocks as investors shy away from giving startups su...
Nov 03, 2022
In meat-loving South Africa, climate concerns whet appetite for veggie burgers
By Tim Cocks JOHANNESBURG (Reuters) - In South Africa, a country where 'braai' all-day barbecuing is a national pastime, plant-based substitutes are making surprising inroads despite a deep cultural l...
Nov 03, 2022
Marketmind: One central bank drama after another
SYDNEY (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. So, Jerome Powell found a way to quiet the endless market chatter of a pivot even as he opened the door to sm...
Nov 03, 2022
Nissan stops taking orders of Sakura EV, X-Trail in Japan
TOKYO (Reuters) - Nissan Motor Co has temporarily stopped taking new orders of its recently unveiled light electric vehicles (EVs) because of prolonged delivery periods of a year or more, a Nissan spo...
Nov 03, 2022
Analysis-Weary investors see little respite to Fed hike gloom
By Davide Barbuscia and David Randall (Reuters) - Investors trying to navigate this year's relentless interest rate rises have more reasons to play it safe, after a pessimistic message from the U.S. F...
Nov 03, 2022
HSBC raising best lending rate to 5.375% after Hong Kong rate hike
HONG KONG (Reuters) - HSBC Holdings said on Thursday it is raising its best lending rate in Hong Kong by 25 basis points to 5.375% effective Nov. 4 after the city's de facto central bank raised the ba...
Nov 02, 2022
China’s Lenovo posts first revenue decline in 10 quarters as market hits brakes
By Josh Ye HONG KONG (Reuters) - China's Lenovo Group (0992.HK) reported its first revenue decline in 10 quarters as a pandemic-fuelled sales boom comes to an end and production remains hamstrung by C...
Nov 02, 2022
FAA orders quick U.S. DHC-3 seaplane inspections after fatal crash
By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Aviation Administration (FAA) late on Wednesday said it was mandating U.S. DHC-3 operators quickly conduct inspections after a fatal crash in...
Nov 02, 2022
Brazil moves closer to China corn exports as Beijing approves traders
By Dominique Patton and Ana Mano BEIJING/SAO PAULO (Reuters) -Chinese customs updated its list of approved Brazilian corn exporters on Wednesday, a move a Brazilian agriculture official said could jum...
Nov 02, 2022
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