Daimler Truck Raises Revenue Outlook Amid Record-high Order Backlog
BERLIN (Reuters) -Daimler Truck Holding increased its forecast for 2022 revenues to 48 – 50 billion euros ($52.21 billion) from…
2022
ABB Targets Faster Growth For Motion Business
ZURICH (Reuters) – ABB is aiming to increase sales at its motion business 50% quicker than the overall market for…
India’s LIC Shares Tumble In Market Debut After Record IPO
By Nupur Anand MUMBAI (Reuters) – Shares in state-owned Life Insurance Corp of India (LIC) slid 5% in their market…
BOJ Deputy Vows To Maintain Monetary Stimulus Despite Price Pressures
By Tetsushi Kajimoto TOKYO (Reuters) – The Bank of Japan must maintain current monetary stimulus to create sustainable increases in…
AP Exclusive: Black Lives Matter has $42 million in assets
NEW YORK (AP) — The foundation started by organizers of the Black Lives Matter movement is still worth tens of…
Asia Markets Gain Despite Global Growth Worries
By Scott Murdoch HONG KONG (Reuters) – Asian shares edged higher on Tuesday despite data reinforcing investor fears the global…
Tesla Stops Taking Orders For Cybertruck Outside North America – Website
SHANGHAI (Reuters) – Tesla has stopped taking orders for its electric pickup truck Cybertruck outside of North America, according to its…
China’s COVID Controls Will Impact Foreign Investment For Years – U.S. Lobby
SHENZHEN, China (Reuters) – China’s strict COVID-19 controls will hamper foreign investment into the country for years to come as…
Dollar Knocked From 20-year High; Yuan Slide Pauses
By Tom Westbrook SINGAPORE (Reuters) – The dollar fought for a footing on Tuesday and the tumbling Chinese yuan found…
ECB To Hike Deposit Rate 25 Bps In July, Ditch Negative Rates By End-September: Reuters Poll
By Swathi Nair BENGALURU (Reuters) – The European Central Bank is expected to raise the deposit rate for the first…