China’s BYD says H1 net profit could more than triple
HONG KONG (Reuters) – Chinese electric vehicle giant BYD Co LTD forecast strong growth in its six-month net profit on…
July 2023
Erdogan says he is in agreement with Putin that grain deal should be extended
ISTANBUL (Reuters) – Turkish President Tayyip Erdogan said on Friday that he is in agreement with Russian President Vladimir Putin…
Canada May factory sales up 1.2% on chemicals, autos
July 14 (Reuters) – Canadian factory sales grew by 1.2% in May from April on higher sales of chemical products,…
Emerging market equity fund inflows outpace developed market rivals
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Emerging market equity funds are outpacing developed market rivals in attracting inflows…
Analysis-As deficit soars, Egypt expands money supply, fuelling inflation
By Patrick Werr CAIRO (Reuters) – Egypt risks fuelling its record inflation and putting more pressure on the Egyptian pound…
Brazilian union sues JBS over alleged exploitation of chicken workers
By Ana Mano SAO PAULO (Reuters) – A Brazilian labor union has accused JBS SA of submitting dozens of workers…
Mazda says needs China strategy overhaul to catch up with market
TOKYO (Reuters) -Japan’s Mazda Motor needs to overhaul its strategy in China, the world’s biggest auto market, where it faces…
Swedish landlord SBB rules out state support as cash dwindles
By Marie Mannes STOCKHOLM (Reuters) -Swedish property group SBB on Friday ruled out state support as it sought to repair…
Tesla’s Shanghai factory workers welcome bonus increase after record deliveries
SHANGHAI (Reuters) – Several workers at Tesla’s Shanghai plant, its biggest manufacturing hub globally by output, said they had been…
Major Australian REIT limits withdrawals from unlisted office fund
By Lewis Jackson SYDNEY (Reuters) -An Australian real estate investment trust (REIT) has limited how much investors can withdraw from…