Author Archives: Syndicated Content
EVs drive Britain's June car sales; industry body seeks VAT cut on public charging
(Reuters) -Britain's new car sales jumped 25.8% year-on-year in June thanks to solid demand for electric vehicles (EV) from businesses and fleet buyers, an industry body said on Wednesday. The Society...
Jul 05, 2023
'Top dog in Asia': Nikkei's stellar rise starts drawing big money
By Kevin Buckland and Ankur Banerjee TOKYO (Reuters) - A tailwind behind Japanese stocks is strengthening as large foreign funds who have been avoiding the market for decades start to reach into pocke...
Jul 05, 2023
Chinese AI startup Fourth Paradigm receives China's nod for Hong Kong IPO
By Kane Wu HONG KONG (Reuters) - Beijing Fourth Paradigm Technology, an AI startup, has completed procedural work for a Hong Kong initial public offering, becoming only one of a handful of companies t...
Jul 05, 2023
UK business momentum slows in June despite falling inflation -PMI
By David Milliken LONDON (Reuters) - Growth in Britain's private sector slowed sharply last month, despite businesses facing lower inflation, as higher Bank of England interest rates weighed on demand...
Jul 05, 2023
Philippines accuses China of more 'harassment' near disputed reef
MANILA (Reuters) - The Philippines on Wednesday accused China's coast guard of harassment, obstruction and "dangerous manoeuvres" against its vessels, after another incident near a strategic feature o...
Jul 05, 2023
France's Le Maire: Food inflation has started easing in July
PARIS (Reuters) - Food inflation in France has started to ease this month and the trend should accelerate in the coming weeks, Finance Minister Bruno Le Maire said on Wednesday. Le Maire told BFM tele...
Jul 05, 2023
Foxconn Q2 sales slip 14%, Q3 outlook brighter ahead of year-end peak
TAIPEI (Reuters) - Taiwan's Foxconn, a major iPhone assembler for Apple Inc, said on Wednesday that second quarter revenue dropped 13.8% year-on-year but the outlook for the third quarter was brighter...
Jul 05, 2023
Pakistan PM hopes for bailout approval from IMF board on July 12
By Asif Shahzad ISLAMABAD (Reuters) - Pakistan's Prime Minister Shehbaz Sharif said on Wednesday he was hopeful that $3 billion short-term bailout from the International Monetary Fund would be approve...
Jul 05, 2023
China bank shares slump in Hong Kong after Goldman downgrades
SHANGHAI (Reuters) -Chinese banking shares listed in Hong Kong tumbled on Wednesday after Goldman Sachs downgraded top lenders including Agricultural Bank of China (AgBank) in a report that raised que...
Jul 05, 2023
Adidas HR chief latest board member to leave since arrival of Gulden as CEO
BERLIN (Reuters) - Adidas said on Wednesday that its HR chief Amanda Rajkumar would leave the company this month after less than three years in the role, becoming the third board member to do so since...
Jul 05, 2023
