Author Archives: Syndicated Content
Tesla sets up new-energy firm in Shanghai with $2 million registered capital -Tianyancha
BEIJING (Reuters) - Tesla Inc has set up a new-energy company in Shanghai with registered capital of $2 million, according to Tianyancha, a company information data provider. (Reporting by Beijing new...
Thomson Reuters Apr 14, 2023
TomTom's Q1 revenue beats estimates driven by location tech
(Reuters) - Dutch navigation and digital mapping company TomTom on Friday reported better-than-expected revenue for the first quarter of 2023, saying its location technology business was gaining momen...
Thomson Reuters Apr 14, 2023
Tesla cuts prices of Model 3 and Model Y vehicles in Singapore
SINGAPORE (Reuters) - Tesla Inc has cut prices of its Model 3 and Model Y vehicles in Singapore between 4.3% and 5%, its website showed on Friday. The U.S. electric vehicle maker has been cutting pric...
Thomson Reuters Apr 14, 2023
Brands look to China's tropical duty free island paradise for consumer comeback
By Casey Hall HAIKOU, China (Reuters) -Representatives of over 3,000 brands including Burberry and Estee Lauder descended on China's Hainan this week to show off their latest wares, hoping to cash in ...
Thomson Reuters Apr 14, 2023
European exchanges' defensive appeal attracts investors after bank turmoil
By Danilo Masoni and Samuel Indyk MILAN/LONDON (Reuters) - European exchange stocks stand to benefit from a spike in volatility surrounding the downfall of Credit Suisse, as some investors turn toward...
Thomson Reuters Apr 14, 2023
ECB needs more rate hikes and faster balance sheet cuts, Wunsch says
By Balazs Koranyi WASHINGTON (Reuters) - The European Central Bank should speed up the reduction of its balance sheet and could stop reinvesting cash from debt maturing in its largest bond buying sche...
Thomson Reuters Apr 14, 2023
Analysis-U.S. leaks show clash between 'need to know' vs 'need to share'
By Jonathan Landay, Idrees Ali and Arshad Mohammed WASHINGTON (Reuters) - The latest U.S. intelligence leak illustrates a paradox of spycraft: keeping secrets means limiting their distribution but pro...
Thomson Reuters Apr 14, 2023
Marketmind: Singapore signals a peak for policy tightening
A look at the day ahead in European and global markets from Wayne Cole. Singapore's central bank sprang the surprise of the Asian day by halting its tightening cycle when markets had expected a sixth ...
Thomson Reuters Apr 13, 2023
Food security drives China to cut soymeal use in animal feed
By Dominique Patton BEIJING (Reuters) - China's agriculture ministry issued a three-year action plan on Friday to reduce soymeal use in animal feed as it continues to try to reduce its heavy reliance ...
Thomson Reuters Apr 13, 2023
Bank Indonesia forecast to hold rates at 5.75% for rest of 2023
By Sujith Pai and Veronica Dudei Maia Khongwir BENGALURU (Reuters) - Bank Indonesia is expected to keep its key interest rate unchanged at 5.75% for a third consecutive meeting on April 18 and for the...
Thomson Reuters Apr 13, 2023
