Oil Prices Slide As China Demand, Recession Concerns Outweigh Supply Woes
By Isabel Kua SINGAPORE (Reuters) -Oil prices fell on Tuesday as recession concerns and worsening COVID-19 outbreaks in China sparked…
November 2022
Munich Re Firmly Sticks To 2022 Target After Quarterly Profit Rise
FRANKFURT (Reuters) – Munich Re on Tuesday said it posted a 44% rise in net profit in the third quarter,…
Asian shares mixed as market await vote results, price data
BANGKOK (AP) — Asian shares were mixed on Wednesday as investors awaited the outcome of the U.S. midterm elections and…
Renault, China’s Geely announced powertrain joint venture
BEIJING (AP) — Renault SA and China’s Geely announced plans Tuesday for a jointly owned venture to produce gasoline-powered and…
Tyson Foods heir and CFO charged with public intoxication
Tyson Foods’ Chief Financial Officer John R. Tyson __ a great-grandson of the company’s founder __ has been charged with…
China’s BYD To Launch New Premium Electric Car Brand In 2023
SHANGHAI (Reuters) – Chinese electric vehicle giant BYD said on Tuesday that it would launch a new premium brand in…
UK To Announce U.S. Gas Deal After Climate Change Summit -Telegraph
(Reuters) -British Prime Minister Rishi Sunak is poised to announce a major natural gas deal with the United States after…
Foxconn To Become Biggest Shareholder In Lordstown Motors With Up To $170 Million Investment
(Reuters) -Lordstown Motors Corp has agreed a deal under which a Foxconn affiliate will invest up to $170 million in…
Bosch Agrees To Pay $25 Million To Settle California Diesel Emissions Probe
By David Shepardson (Reuters) -German auto supplier Bosch has agreed pay $25 million to resolve California’s probe into the company’s…
UK Poised To Announce Gas Deal With U.S. After Climate Change Summit -Telegraph
(Reuters) – British Prime Minister Rishi Sunak is poised to announce a major gas deal with the U.S. after the…