Oil Drops As Price Cap Proposal Eases Supply Concerns
By Ahmad Ghaddar LONDON (Reuters) -Oil prices fell on Thursday, hovering around two-month lows as the level of a proposed…
November 2022
Postal Savings Bank Of China To Provide $39 Billion Of Property Sector Financing
BEIJING (Reuters) – Postal Savings Bank of China has agreed to provide a total of 280 billion yuan ($39.17 billion)…
Stellantis Looks To India For Affordable EVs For Europe Amid Competition From China
By Aditi Shah NEW DELHI (Reuters) – Fiat parent Stellantis has concluded it can’t currently make affordable electric vehicles in…
Remy Cointreau First-half Profit Beats Estimates, Cautiously Optimistic On China
By Dominique Vidalon PARIS (Reuters) – France’s Remy Cointreau reported a stronger-than-expected 27% jump in first-half operating profit and kept…
Foxconn Apologises For Pay-related Error At China IPhone Plant After Worker Unrest
By Yimou Lee and Brenda Goh TAIPEI/SHANGHAI (Reuters) – Foxconn said on Thursday a pay-related “technical error” occurred when hiring…
Foxconn apologizes for pay dispute at China factory
BEIJING (AP) — The company that assembles Apple Inc.’s iPhones apologized Thursday for a pay dispute that triggered employee protests…
Mapfre Offers One-time 400-euro Bonus To Employees To Offset Inflation
MADRID (Reuters) – Spanish insurer Mapfre will pay a one-time 400 euro ($417.32) bonus at Christmas to its approximately 10,000…
Asian shares mixed as investors eye Tokyo inflation data
TOKYO (AP) — Asian shares were mixed Friday as worries deepened about the regional economy and Japan reported higher-than-expected inflation….
Japan’s Mitsubishi UFJ To Buy Two Asia Units Of Home Credit For $620 Million
By Makiko Yamazaki TOKYO (Reuters) – Japan’s Mitsubishi UFJ Financial Group Inc said on Thursday it would buy the Philippines…
Oil Drops As Russian Price Cap Proposal Eases Tight Supply Fears
By Yuka Obayashi TOKYO (Reuters) -Oil trickled down on Thursday, hovering around two-month lows, as the proposed price cap on…