Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Automakers’ drive to avoid China’s EV rare earth dominance gathers speed
By Nick Carey and Christina Amann LONDON/BERLIN (Reuters) - The auto industry's drive to make electric vehicle motors with little to no rare earth content has hit high gear, with European, U.S. and Ja...
Nov 14, 2023
UniCredit CEO Orcel’s ‘bank of Europe’ ambition tough to realise
By Valentina Za MILAN (Reuters) - UniCredit Chief Executive Andrea Orcel struck a defiant tone when his bank recently topped profit forecasts for an 11th consecutive quarter. Investors who trusted the...
Nov 14, 2023
Marketmind: Frail yen teeters as US CPI looms
A look at the day ahead in European and global markets from Ankur Banerjee With investors' focus squarely on U.S. inflation data, due later on Tuesday, markets have had a muted Asian session, although...
Nov 13, 2023
China’s securities watchdog asks Alibaba’s Cainiao to submit more info for HK listing
SHANGHAI (Reuters) - China's securities watchdog has asked Cainiao, the logistics arm of Alibaba Group, to submit additional information about its shareholders and operational structure as the unit se...
Nov 13, 2023
Pension fund AustralianSuper raises stake in Origin Energy to 16.50%
(Reuters) - Pension fund AustralianSuper has increased its stake in Origin Energy to 16.50%, the Australian power producer said in an exchange filing on Tuesday. The stake increase by AustralianSuper,...
Nov 13, 2023
Global EV sales stay strong, China hits record despite end of subsidies
(Reuters) - Electric-vehicle sales are seeing continued strength globally with China reporting record monthly sales in October despite the end of subsidies, according to market research firm Rho Motio...
Nov 13, 2023
BOJ seen ending negative rates in April, keep hiking next year – ex-central bank economist
By Leika Kihara and Takahiko Wada TOKYO (Reuters) - The Bank of Japan is expected to end its negative interest rate policy in April and keep raising short-term borrowing costs next year on heightening...
Nov 13, 2023
Japan chipmaker Rapidus to open U.S. office by year-end – TV Tokyo
TOKYO (Reuters) - Japanese chip foundry venture Rapidus plans to open an office on the West Coast of the United States by the end of this year, TV Tokyo reported on Tuesday citing the company's presid...
Nov 13, 2023
Amazon reaches deal to run shopping ads on Snap – The Information
(Reuters) - Amazon has reached a deal with Snap that will let people buy its products directly from ads on the Snapchat app, the Information reported on Monday, a week after the ecommerce giant struck...
Nov 13, 2023
Indonesia expected to maintain Oct trade surplus at $3 billion: Reuters poll
JAKARTA (Reuters) - Indonesia's trade surplus is seen to narrow slightly in October to $3 billion from the previous month, as exports are still expected to weaken, a Reuters poll showed on Tuesday. Th...
Nov 13, 2023
Fri Jul 10
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