CATL’s battery unit operates in compliance with COVID curbs
SHANGHAI (Reuters) – Chinese battery maker Contemporary Amperex Technology Co’s
Financial News
Slumping U.S. stock market technical indicators flash warning sign
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Indicators that
Argentina’s depleted FX reserves get timely soybean boost
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank
Chip maker Wolfspeed to build new U.S. factory to meet surging EV demand
By Jane Lanhee Lee (Reuters) – U.S. power chip maker
Bitcoin leaps above $21,000 as U.S. dollar sags
SINGAPORE (Reuters) – Bitcoin surged past the $20,000 barrier and
EU regulators will not appeal Qualcomm ruling, ending saga
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators
BoE to press on with rate hikes even as inflation forecasts fall
By William Schomberg LONDON (Reuters) – The Bank of England
Brazil posts deflation in August as fuel prices fall
By Peter Frontini SAO PAULO (Reuters) – Brazilian consumer prices
Russian Unistream bank in talks on instant money transfers to India, Turkey
By Andrey Ostroukh and Elena Fabrichnaya MOSCOW (Reuters) – Russian
Canada loses 39,700 jobs in August, jobless rate climbs to 5.4%
TORONTO (Reuters) – Canada’s economy shed jobs for the third
Volvo Cars resumes limited production at one China plant
STOCKHOLM (Reuters) – Volvo Cars said on Friday limited production
Tesla considering lithium refinery in Texas, seeks tax relief
(Reuters) -Tesla Inc is considering setting up a lithium refinery
Rising costs fuel worries about U.S. airlines’ heavy debt loads
By Rajesh Kumar Singh CHICAGO (Reuters) – A scramble by
U.S. equity fund see biggest weekly outflow in 12 weeks
(Reuters) – U.S. equity funds recorded heavy capital outflows in
Irish coalition to discuss Eurogroup chief conundrum, deputy prime minister says
DUBLIN (Reuters) – Ireland’s deputy prime minister said on Friday
Novartis plans to close a Sandoz plant in North Carolina
ZURICH (Reuters) – Pharmaceuticals company Novartis plans to close a
BMW bets on cylindrical battery cells for new class of EVs from 2025
BERLIN (Reuters) -BMW will power its new class of electric
Vice President Harris pushes to broaden U.S. space industry workforce
(Reuters) – U.S. Vice President Kamala Harris on Friday announced
Cubans juggle exchange rates, soaring prices as peso plunges to 30-year low
By Dave Sherwood HAVANA (Reuters) – Rider Gonzalez helps run
French prosecutors probe Philips respirator recall
By Charlotte Van Campenhout PARIS (Reuters) -French prosecutors said on
Rate rise fears prompt third week of global equity funds outflows
(Reuters) – Global equity funds remained out of favour in
German authority’s probe finds ‘abnormalities’ in Tesla autopilot – WirtschaftsWoche
BERLIN (Reuters) – Germany’s federal motor transport authority KBA has
Motor racing-Porsche’s Formula One plans stall as Red Bull talks collapse
BERLIN (Reuters) – Porsche and Red Bull have ended talks
Dollarama lifts annual comparable sales forecast on strong demand
(Reuters) – Canada’s Dollarama Inc on Friday raised its full-year
Exclusive-Sea Ltd shuts ops in some Latam countries, cuts Free Fire staff in Shanghai
By Fanny Potkin and Josh Ye SINGAPORE/HONG KONG (Reuters) -Singapore-based
Polish interest rates should rise further – c.banker Tyrowicz
WARSAW (Reuters) -Interest rates in Poland should rise further given
Euro zone to coordinate with ECB to fight inflation, avoid adding price pressure
PRAGUE (Reuters) – Euro zone finance ministers will coordinate policies
Explainer-Understanding Ethereum’s major ‘Merge’ upgrade
By Hannah Lang (Reuters) -Ethereum, the blockchain that underpins the
ECB must keep on raising rates to fight inflation, policymakers say
(Reuters) -The European Central Bank must keep raising interest rates,
Greek inflation slows to 11.4% y/y in August, still near three-decade high
ATHENS (Reuters) – Greece’s annual consumer inflation slowed to 11.4%
China’s Aug new bank loans rise less than expected, credit growth slows
BEIJING (Reuters) – New bank lending in China rose less
Credit Suisse raises UK GDP forecast after energy package
LONDON (Reuters) – Credit Suisse raised its 2023 UK GDP
Bearing the scars: One year of Turkey’s unorthodox easing cycle
By Canan Sevgili GDANSK (Reuters) – Nearly 12 months ago,
Italy in talks with EU over renewal of GACS bad loan scheme – sources
MILAN (Reuters) – Italy is holding talks with the European
Japan Aug trade deficit seen at near 9-year high as weak yen boosts imports – Reuters poll
(Corrects milestone of the trade deficit size to ‘nearly’, not
Germany ready to implement minimum corporate tax if no EU deal
PRAGUE (Reuters) – Germany is ready to implement a minimum
Exclusive-China EV maker Leapmotor puts off $1.5 billion Hong Kong IPO -sources
By Scott Murdoch and Julie Zhu HONG KONG (Reuters) -Chinese
Spain’s July industrial output rises 5.3% vs 7% in June
(Reuters) – Spain’s seasonally and calendar-adjusted industrial output rose 5.3%
Spain’s July industrial output rises 5.3% vs 7% in June
(Reuters) – Spain’s seasonally and calendar-adjusted industrial output rose 5.3%
ECB’s Kazimir: bank’s priority is monetary policy normalisation
(Reuters) – The European Central Bank’s priority is to focus
BOJ’s Kuroda weighs in to warn against ‘rapid’ yen moves
By Kantaro Komiya and Tetsushi Kajimoto TOKYO (Reuters) -Bank of
Australian lenders NAB, ANZ to raise home loan rates by 50 bps
(Reuters) – Australia and New Zealand Banking Group joined National
ECB’s Villeroy says: inflation will stay high next year
PARIS (Reuters) – French ECB policymaker Francois Villeroy de Galhau
Japan unveils near-term steps to offset hit from rising prices
By Daniel Leussink and Kentaro Sugiyama TOKYO (Reuters) – Japan’s
Analysis-Retail giant Aeon holding out as Japan dismantles controversial listings
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – As
Macy’s predicts another early start to holiday season shopping
By Uday Sampath Kumar (Reuters) -Macy’s Inc expects another early
China’s consumer, producer inflation slows in August as COVID saps demand
BEIJING (Reuters) – China’s consumer prices rose at a slower-than-expected
CreditSights finds errors in debt report on India’s Adani group
(This September 7 story corrects to Fitch Group, not rating