Porsche’s EV sales target under threat from supply chain snags
By Victoria Waldersee BERLIN (Reuters) -Porsche AG warned on Wednesday that supply chain problems were hampering battery-electric vehicle (BEV) production…
July 26, 2023
Israel’s enemies see opportunity in its crisis
By Parisa Hafezi, Laila Bassam and Nidal al-Mughrabi DUBAI (Reuters) -The crisis sweeping Israel has become a focal point for…
Nissan seals Renault deal, now faces hard yards in China
By Daniel Leussink and Gilles Guillaume TOKYO/PARIS (Reuters) -Nissan will invest up to $663 million in Renault’s new electric vehicle…
Euro zone lending slows further as rate hikes bite
FRANKFURT (Reuters) – Lending to euro zone companies slowed again last month, adding to already mounting evidence that sharply higher…
Indonesia to make it less painful for exporters to keep earnings onshore -official
JAKARTA (Reuters) – Indonesia is developing a scheme for banks to provide a financing facility for exporters who keep their…
Japan to maintain accommodative policy – govt official quotes BOJ’s Ueda
TOKYO (Reuters) – The Bank of Japan (BOJ) will maintain accommodative monetary conditions for companies, Governor Kazuo Ueda was quoted…
Aston Martin races past second quarter expectations
By Yadarisa Shabong (Reuters) -British luxury carmaker Aston Martin’s second-quarter results beat market expectations on Wednesday, powered by higher prices…
Exclusive-US Coast Guard seeks bigger role to search, board vessels in Pacific
By Kirsty Needham SYDNEY (Reuters) – The United States Coast Guard is in talks with Pacific Island countries to expand…
How hedge funds would trade global real estate woes
By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) – Property markets knocked by high interest rates and the end…
Deutsche Bank flags cost cuts as investment bank slump lowers profit
By Tom Sims and Matthias Inverardi FRANKFURT (Reuters) -Deutsche Bank on Wednesday posted a 27% fall in second-quarter profit as…