(Reuters) – Fisker said on Tuesday it expects to sell all its nearly 5,000 unsold vehicles made last year by the end of the first quarter and that its newly …
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China weighs stock market rescue package backed by $278 billion – Bloomberg News
by Reutersby Reuters(Reuters) – Chinese authorities are considering measures to stabilise a slumping stock market, Bloomberg News reported on Tuesday citing people familiar with the matter, drawing a sceptical response from underwhelmed …
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A look at the day ahead in U.S. and global markets from Mike Dolan With Wall St stocks surfing record highs, Tuesday sees Netflix kick off a couple of weeks …
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Death toll in China landslide rises to 25, rescuers search for missing
by Reutersby ReutersBEIJING (Reuters) – The death toll from a landslide in China’s Yunnan province rose to 25 late on Tuesday as rescue workers battled freezing temperatures and snow to locate dozens …
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By Li Gu and Vidya Ranganathan SHANGHAI (Reuters) – China’s plunging stock market is leading to losses on billions of dollars worth of derivatives linked to the country’s equity indexes, …
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By Francesco Guarascio and Phuong Nguyen HANOI (Reuters) -A German business delegation, including top firms for tunnel machines, wind farms and industrial supplies, joined President Frank-Walter Steinmeier in a visit …
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FRANKFURT (Reuters) -Euro zone banks expect a small rebound in the demand for mortgages and corporate loans for the first time in two years as a slump in lending shows …
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Corning’s Indian JV signs $120 million investment deal with Tamil Nadu state
by Reutersby ReutersCHENNAI (Reuters) – India’s Tamil Nadu state said on Tuesday that a joint venture of Corning agreed to invest 10 billion rupees ($120.4 million), underscoring the growing importance of the …
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India’s Zee slides 30%, Sony deal collapse stokes worries about its prospects
by Reutersby ReutersBy Rama Venkat BENGALURU (Reuters) -Shares in India’s Zee Entertainment plunged by as much as 30% on Tuesday, set for their worst day ever, after the collapse of its $10 …
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Philippines will not ‘lift a finger’ to assist ICC’s drug war probe
by Reutersby ReutersBy Neil Jerome Morales and Mikhail Flores MANILA (Reuters) -The Philippine government will not cooperate with the International Criminal Court’s (ICC) investigation into a brutal anti-narcotics campaign, President Ferdinand Marcos …
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ZURICH (Reuters) – UBS on Tuesday unveiled its biggest branding campaign since 2016 to drive growth, spending tens of millions of dollars to freshen its image after the takeover of …
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By John Revill ZURICH (Reuters) -Swatch Group on Tuesday missed profit forecasts for 2023 and proposed a much smaller than expected dividend increase – putting pressure on the world’s biggest …
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(Reuters) -Bitcoin fell to a seven-week low on Monday, hovering below $40,000 for the first time since the launch of 11 spot bitcoin exchange-traded funds on Jan. 11. The world’s …
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Jailed Kremlin critic Navalny put in solitary confinement in Arctic prison – spokesperson
by Reutersby Reuters(Reuters) – Jailed Kremlin critic Alexei Navalny has been placed in solitary confinement for 10 days in a prison above the Arctic circle for “incorrectly introducing himself” to a guard, …
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By Uditha Jayasinghe and Sudipto Ganguly COLOMBO (Reuters) -Sri Lanka’s central bank kept interest rates steady on Tuesday, in line with market expectations, forgoing a rate cut as a new …
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By Andrew Gray and John Irish BRUSSELS (Reuters) -Israel’s foreign minister sidestepped discussion of a two-state solution to the Israeli-Palestinian conflict at a meeting with European Union counterparts on Monday, …
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(Reuters) – The Bank of Japan maintained ultra-easy monetary settings on Tuesday in a widely expected move, as policymakers allow more time to determine whether wage increases will broaden enough …
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(Reuters) – Chinese shares rebounded on Tuesday on a Bloomberg News report that said Chinese authorities are considering several measures to bolster the stock market. Policymakers are seeking to mobilise …
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By Daniel Trotta (Reuters) -A union representing 29,000 professors and staff at the California State University (CSU) reached a tentative deal on Monday night to call off a five day …
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By Steve Gorman and Daniel Trotta (Reuters) -A man suspected of shooting eight people to death and wounding another in suburban Chicago has turned up dead hundreds of miles away …
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By Chayut Setboonsarng and Kitiphong Thaichareon BANGKOK (Reuters) -Thailand’s economy is expected to grow 2.8% this year, a sharp downgrade from an earlier forecast of 3.2%, the finance ministry said …
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(Reuters) – Swedish telecoms equipment maker Ericsson said on Tuesday it appointed Lars Sandstrom as its new chief financial officer, replacing long-time company veteran Carl Mellander. Sandstrom will join the …
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By Nick Carey LONDON (Reuters) – Legacy automakers playing catch-up with EV leaders like Tesla are leaning on their Formula E electric racing teams for innovations to build better mass-production …
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Consumer goods makers set to post mixed sales as US prices ease more than in Europe
by Reutersby ReutersBy Richa Naidu LONDON (Reuters) -Consumer goods companies are likely to post stronger fourth-quarter sales growth in Europe than in the United States, monthly data indicates, boosted by persistently higher …
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Gulf economies to rebound in 2024 despite weak oil growth outlook: Reuters poll
by Reutersby ReutersBy Anant Chandak BENGALURU (Reuters) – The six-member Gulf Cooperation Council economies will grow at a faster pace in 2024 than last year despite expectations of weak global growth hurting …