Category Archives:
Musk outlines Tesla’s recession playbook: claw back costs
(This Jan. 25 story has been refiled to remove an extraneous word in paragraph 5) By Abhirup Roy and Kevin Krolicki (Reuters) - Elon Musk has a playbook for Tesla headed into what he believes will be ...
Jan 25, 2023
Turkish cbank to provide 2% support to firms that convert forex from abroad
ISTANBUL (Reuters) - Turkey's central bank said on Thursday it will provide 2% foreign exchange conversion support to companies that bring forex into the country from abroad, sell it to the central ba...
Jan 25, 2023
Toyota’s Thai unit sees its local car sales up 7.3% this year
BANGKOK (Reuters) - The Thai unit of Toyota Motor Corp
Jan 25, 2023
Japan’s top FX diplomat warns sharp currency moves won’t be tolerated
By Tetsushi Kajimoto TOKYO (Reuters) -Sharp one-sided currency moves cannot be tolerated, Japan's top finance diplomat Masato Kanda told Reuters, reaffirming Tokyo's determination to intervene in the ...
Jan 25, 2023
Indonesia formulates incentives to keep FX earnings onshore – minister
JAKARTA (Reuters) - Indonesia is formulating incentives for exporters to keep their foreign exchange earnings onshore for at least three months, the chief economics minister said on Thursday. Minister...
Jan 25, 2023
Hess tops Wall St profit estimates, signals dividend increase
By Sabrina Valle, Liz Hampton and Sourasis Bose (Reuters) -U.S. oil and gas producer Hess Corp on Wednesday beat Wall Street estimates for fourth-quarter profit on better-than-expected production in G...
Jan 25, 2023
China’s EXIM bank gives Sri Lanka debt extension
By Yew Lun Tian BEIJING (Reuters) -China's Export-Import Bank of China (EXIM) has provided Sri Lanka with a debt extension, China's foreign ministry said on Thursday, confirming a Reuters report earli...
Jan 25, 2023
Indonesian central bank’s expanded mandate won’t affect inflation framework – chief
JAKARTA (Reuters) - Indonesia's central bank governor Perry Warjiyo said on Thursday the passage of a law last year that expanded Bank Indonesia's (BI) mandate would not affect its framework to tackle...
Jan 25, 2023
Accel, Tiger Global mull exiting India’s Flipkart in $1.5 billion stake sale – ET
(Reuters) -Private equity firms Accel and Tiger Global, two early backers of Indian e-commerce firm Flipkart, are in talks to sell their remaining stake in the company to parent Walmart Inc for about ...
Jan 25, 2023
Asian shares scale fresh 7-month high as Hong Kong trade resumes
By Ankur Banerjee SINGAPORE (Reuters) - Asian equities rose to a fresh seven-month high on Thursday, with Hong Kong shares playing catch-up to other markets' gains as trade resumed after its three-day...
Jan 25, 2023
Peoria, IL, USA
42 °F Overcast
