Ford says it will reduce costs to boost China business
SHANGHAI/BEIJING (Reuters) – Ford said on Monday it was working to reduce costs in China as it strives to recover…
May 2023
Israeli cities strike over tax plan as budget deadline looms
By Ari Rabinovitch and Steven Scheer JERUSALEM (Reuters) – Many of the biggest and wealthiest cities in Israel went on…
Analysis-Tesla’s new car-making process stokes debate among industry experts
By Norihiko Shirouzu, Paul Lienert and Victoria Waldersee (Reuters) – Tesla Inc’s new vehicle-assembly system, which created instant buzz when…
Marketmind: Debt ceiling jitters, Turkey vote, Soros ditches Tesla
(Reuters) – A look at the day ahead in U.S. and global markets by Amanda Cooper. Time is running out…
Hong Kong Disneyland revenue jumps 31% as domestic visitors hit record
(Reuters) – Hong Kong Disneyland Resort (HKDL) said on Monday its 2022 revenue jumped 31% as the number of domestic…
Vice Media Files For Chapter 11 Bankruptcy To Facilitate Sale
(Reuters) -Vice Media Group, popular for websites such as Vice and Motherboard, filed for bankruptcy protection on Monday to engineer…
Former PwC Australia CEO to retire as partner after tax documents leak scandal
By Alasdair Pal SYDNEY (Reuters) – PricewaterhouseCoopers (PwC) said the former CEO of its Australia business, who stepped down just…
China’s securities regulator, central bank cut staff pay budgets
SHANGHAI (Reuters) – China’s securities regulator and central bank cut the budget allocation for employee salaries in 2023, following reforms…
Euro zone industry output falls sharply, with Ireland plunge
BRUSSELS (Reuters) – Euro zone industrial production fell by far more than expected in March as output of capital goods…
US citizen sentenced to life in prison for espionage – Chinese court
BEIJING (Reuters) -A 78-year-old U.S. citizen and Hong Kong resident was on Monday convicted of espionage and sentenced to life…