By Amanda Cooper and Dhara Ranasinghe LONDON (Reuters) -Evidence that Britain’s red-hot inflation is finally cooling has knocked the wind out of sterling, which had been riding high as this year’s best-performing currency in the Group of Seven (G7) developed economies just a day ago. The pound was headed for its biggest-one day fall against…
By Foo Yun Chee BRUSSELS (Reuters) – Short-video app TikTok on Thursday opened up its research software to researchers in Europe ahead of new EU rules requiring Big Tech to do more to police online content. TikTok, owned by Chinese technology conglomerate ByteDance, is one of 19 online platforms and search engines subject to tougher…
A look at the day ahead in European and global markets from Tom Westbrook Barbie’s box-office debut began in parts of Asia on Thursday and is expected to rake in $100 million from U.S. theatres over the weekend. Tickets and refreshed sales for Mattel’s 60-year-old doll would be another testament to the consumer’s resilience to…
By Marco Aquino LIMA (Reuters) -Tens of thousands of protesters took to the streets in Peru on Wednesday in marches organized by groups opposed to President Dina Boluarte, while police took anti-riot measures against some demonstrators, arresting at least six. Peaceful protesters affiliated with left-wing groups and unions marched in the capital Lima, while isolated…
(Reuters) – Tesla Inc wants to double the production capacity of its assembly plant outside Berlin to one million electric vehicles a year, in a move that would make it Europe’s largest car factory, the New York Times reported on Thursday. (Reporting by Juby Babu in Bengaluru; Editing by Dhanya Ann Thoppil)
(Reuters) – BofA Global Research on Thursday cut China’s economic growth forecast for this year to 5.1% on a disappointing second-quarter gross domestic product (GDP) growth and potential delay in forceful policy response. The brokerage previously expected the country’s economy to grow at 5.7%. It also lowered China’s growth forecast for 2024 to 4.8% from…
