SINGAPORE – China has set the first batch of its 2022 rare earth mining output quota at 100,800 tonnes, 20% higher than the same time last year, according to a …
Reuters
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- Business News
Real U.S. yields in biggest monthly jump since 2013 taper tantrum
by Reutersby ReutersBy Yoruk Bahceli – U.S. real bond yields, borrowing costs stripping out inflation, will end January with their biggest monthly rise in almost a decade, highlighting the scale of turnaround …
- Business NewsFeatured News
Toyota remains world’s biggest car seller, widens lead on VW
by Reutersby ReutersTOKYO – Japan’s Toyota Motor Co said on Friday its vehicle sales rose by 10.1% last year, making it the world’s biggest carmaker for a second straight year and putting …
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STOCKHOLM – Sweden’s Autoliv, the world’s largest producer of airbags and seat belts, reported higher than expected fourth-quarter earnings on Friday and said it expected around 20% organic sales growth …
- Business News
Stellantis repays 6.3 billion euro Italy state-backed loan in advance
by Reutersby ReutersROME – Carmaker Stellantis said on Friday its unit FCA Italy and other Italian subsidiaries had repaid a 6.3 billion euro ($7 billion) loan to Italy’s top lender Intesa Sanpaolo. …
- Business News
Meme stock hangover: a year after GameStop, traders face gloomier markets
by Reutersby ReutersBy Saqib Iqbal Ahmed NEW YORK – The mood has shifted dramatically a year since a spectacular rally in shares of GameStop captivated Wall Street, launching a mania for so-called …
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By Howard Schneider WASHINGTON – The U.S. Federal Reserve clearly telegraphed a March interest rate hike after its meeting this week but the pace of what follows may remain clouded …
- PoliticsUS and World News
Biden taps veteran team to guide historic Supreme Court nomination
by Reutersby ReutersBy Jeff Mason and Steve Holland WASHINGTON – U.S. President Joe Biden has tapped a team of White House advisers with lengthy Supreme Court and Senate confirmation experience as he …
- Police BlotterUS and World News
Nevada man charged with threatening state election worker
by Reutersby Reuters(Editor’s note: This story contains language that some readers may find offensive.) By Linda So – U.S. federal agents arrested a Nevada man for threatening a state election worker last …
- Business News
UniCredit says only 1 billion euros of loans still under moratorium
by Reutersby ReutersMILAN – UniCredit has only 1 billion euros ($1.1 billion) in loans under moratorium, all of which in Italy, and default rates on debt where payments were frozen due to …
- Business News
Hong Kong market watchdog fines Citi $45 million for equities misconduct
by Reutersby ReutersBy Alun John HONG KONG – Hong Kong’s market regulator has fined a Citigroup subsidiary HK$348.25 million ($45 million) for misconduct in its cash equities business and is launching disciplinary …
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BRUSSELS – Euro zone economic sentiment deteriorated in January, data showed on Friday, pulled down by a more downbeat sentiment in the two key sectors of industry and services. The …
- Business News
IMF backs Ukraine’s monetary policy and need to lower inflation expectations
by Reutersby ReutersKYIV – The International Monetary Fund backs the Ukrainian central bank’s monetary policy and the need to lower inflation expectations, the IMF representative in Ukraine Vahram Stepanyan told an online …
- OMG!US and World NewsViral News
Scientists amazed by blinking star’s ‘totally unexpected’ behavior
by Reutersby ReutersBy Will Dunham WASHINGTON – Scientists have detected what appears to be an incredibly dense star behaving unlike anything else ever seen – and suspect it might be a type …
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OSLO/LONDON – Norwegian warehouse robot maker AutoStore <AUTO.OL and British rival Ocado sparred on Friday over legal proceedings in Germany in their latest patent dispute. AutoStore shares rose as much …
- Business News
High inflation to stick this year, denting global growth: Reuters poll
by Reutersby ReutersBy Shrutee Sarkar BENGALURU – Persistently high inflation will haunt the world economy this year, according to a Reuters poll of economists who trimmed their global growth outlook on worries …
- MIsc. News
Brace for Russian cyber attacks as Ukraine crisis deepens, Britain says
by Reutersby ReutersLONDON -Britain warned big business on Friday to bolster defences against possible Russian cyber attacks as Western fears deepened that President Vladimir Putin would order his troops to annex another …
- Business News
SoftBank COO Marcelo Claure exits; departure sparked by pay dispute -source
by Reutersby ReutersBy Greg Roumeliotis, Anirban Sen and Sam Nussey -Japan’s SoftBank Group Corp on Friday said its chief operating officer, Marcelo Claure, is leaving the technology investor, in the latest blow …
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LONDON – Investors are undeterred by the recent selloff on Wall Street and have continued to snap up stocks, BofA commented in its weekly flow show report which showed $17.1 …
- Business News
Spanish economic growth at fastest in 20 years but misses govt forecast
by Reutersby ReutersBy Nathan Allen MADRID – Spain’s economy expanded at its fastest pace in two decades last year but slowed down in the fourth quarter as public and private spending slipped …
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By Valerie Volcovici and Nichola Groom -A federal judge invalidated the results of an oil and gas lease sale in the Gulf of Mexico on Thursday saying the Biden administration …
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FRANKFURT – Lending to euro zone companies accelerated for the fourth straight month in December, reversing a mid-year dip, European Central Bank data showed on Friday. Lending to euro zone …
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– Hot on the heels of the Federal Reserve, British, euro area and Australian central banks are lining up to meet next week. The Bank of England is tipped to …
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By Silke Koltrowitz ZURICH -Swiss fragrance and flavour maker Givaudan on Friday said it would pass higher costs on to customers this year after rising supply chain costs dented its …
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-Malaysia’s AirAsia Group Bhd said on Friday it had changed its name to Capital A Bhd to reflect its growing portfolio of businesses beyond the core budget airline. The airline …