Toyota to outshine rivals as more consumers opt for hybrids amid EV slowdown
By Daniel Leussink and Abhirup Roy TOKYO/SAN FRANCISCO (Reuters) -When Tony Le set out with his wife to buy a new car last year, he looked at Tesla and other…
By Daniel Leussink and Abhirup Roy TOKYO/SAN FRANCISCO (Reuters) -When Tony Le set out with his wife to buy a new car last year, he looked at Tesla and other…
By Nick Carey and Joseph White (Reuters) – While automakers and suppliers are betting big on future demand for electric vehicles, a near-term global slowdown is causing pain, including bankruptcies,…
By Stella Qiu SYDNEY (Reuters) – Australia’s inflation slumped to a near two-year low in November and core inflation also eased sharply, a softer-than-expected result that reinforced market expectations interest…
By William Schomberg LONDON (Reuters) – British employers raised pay and recovered some of their appetite for hiring in December, according to a survey that the Bank of England may…
(Reuters) – President Volodymyr Zelenskiy said on Thursday that Ukraine was receiving signals that Russia’s military planning and activity were slowing. Zelenskiy, in his nightly video address, said this was…
By Kannaki Deka (Reuters) -Exercise equipment maker Peloton Interactive Inc on Thursday forecast revenue below estimates for the all-important holiday quarter and posted a bigger-than-expected quarterly loss, as sticky inflation…
By Priyamvada C and Doyinsola Oladipo (Reuters) -Airbnb forecast fourth-quarter revenue slightly below Wall Street estimates on Wednesday, as tourists scale back on travel due to rising costs, uncertain economic…
By Mimosa Spencer PARIS (Reuters) – French luxury group Kering’s sales are likely to have slowed again in the third quarter as it seeks to reignite its star label Gucci…
(Reuters) – Fisker cut prices of its high-end Ocean Extreme SUV on Monday, while raising prices on two lower-priced variants, as the firm grapples with a slowdown in electric-vehicle demand…
By Xinghui Kok SINGAPORE (Reuters) – The International Monetary Fund (IMF) downgraded its 2023 and 2024 growth forecasts for China, saying its recovery was “losing steam” and citing weakness in…
TOKYO (Reuters) – Japan core machinery orders fell for a second straight month in August, suggesting worries about a global economic slowdown and China’s wobbly recovery may be hurting companies’…
By Tim Kelly TOKYO (Reuters) – Most Japanese companies expect a slowdown in China’s economy to persist into 2025, with nearly two thirds of firms that operate there looking to…
LONDON (Reuters) – British employers cut their job vacancies for the first time in more than two-and-a-half years in September and reduced their hiring again, a recruiters’ industry body said…
LONDON (Reuters) – Asking prices for homes in Britain rose marginally this month following a sharp drop in August, but buyer affordability is expected to improve in the coming months…
BUENOS AIRES (Reuters) – Argentina’s economy is expected to grow 2.7% in 2024 after contracting 2.5% this year, according to a budget proposal sent by the economy ministry to Congress…
By Arshad Mohammed and Francois Murphy WASHINGTON/VIENNA (Reuters) – Iran’s limited steps to slow its buildup of near-weapons-grade uranium may help ease U.S.-Iranian tensions but do not signify progress toward…
By Saeed Azhar and Ann Saphir NEW YORK/SAN FRANCISCO (Reuters) – U.S. lenders are holding onto large piles of cash as insurance against a slowing economy, continuing deposit outflows and…
A look at the day ahead in European and global markets from Tom Westbrook: Workers at two Chevron liquefied natural gas facilities in Australia plan stoppages next week, putting European…
(Reuters) -U.S.-light vehicle sales are expected to remain steadfast in August but are showing early signs of a slowdown, S&P Global Mobility said on Monday. “Rising interest rates, credit tightening…
TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda said the pace of economic activity in China has been a disappointment that could cloud Japan’s economic outlook, according to a…
PARIS (Reuters) – There are signs of a slowdown in business activity in France and interest rates are also weighing on businesses, Patrick Martin, the head of France’s Medef business…
By Tom Westbrook and Dhara Ranasinghe SINGAPORE/LONDON (Reuters) – Investors looking for clues about the state of China’s economy beyond official data are seeing red warnings flash across a range…
By Gabriel Araujo SAO PAULO (Reuters) – Major helicopter manufacturers operating in Brazil expect a demand recovery in the second half of 2023 after a relatively slow first six months,…
PARIS (Reuters) – French annual inflation reached 5.0% in July, in line with preliminary figure and down from 5.3% in June, dragged down by lower energy, food and manufacturing prices,…
By Lewis Krauskopf NEW YORK (Reuters) – As inflation worries ease, U.S. stocks may need a fresh source of fuel to propel further gains this year, investors said. Data released…