GM backs EV battery startup as it shifts future focus to cheaper materials
By Akash Sriram and Paul Lienert DETROIT (Reuters) – General Motors is investing in a Silicon Valley startup to help…
August 16, 2023
China will strengthen policy coordination to meet growth target – state media
BEIJING (Reuters) – China will strengthen the coordination of various policies to boost growth and meet this year’s economic target,…
China Evergrande to delay creditors’ meetings amid fresh restructuring plan
(Reuters) – Embattled property developer China Evergrande Group on Wednesday resolved to delay its meetings for the Hong Kong CEG…
Iraq set in ‘battle’ against dollar smugglers, central bank governor says
By Timour Azhari BAGHDAD (Reuters) – Iraq has made strides implementing U.S. dollar supply restrictions targeting Iran but faces an…
S&P sees Indian economy growing by average 6.7% to 2031 amid short-term challenges
(This Aug. 3 story has been corrected to say that India could overtake ‘Japan and Germany’ not ‘Japan and China’…
China’s economic woes mount as trust firm misses payments, home prices fall
BEIJING/HONG KONG (Reuters) -Missed payments on investment products by a leading Chinese trust firm and a fall in home prices…
Tesla cuts Model S and X prices by over 6% in China
BEIJING (Reuters) -Tesla has cut prices for its existing inventories of its premium Model S and Model X cars in…
Guatemala’s presidential run-off will be ‘test for democracy’
By Cassandra Garrison GUATEMALA CITY (Reuters) – A Guatemalan anti-corruption campaigner is heavily favored to snag the presidency in Sunday’s…
Marketmind: Bonds calm down but Chinese markets smolder
A look at the day ahead in U.S. and global markets from Mike Dolan Restive bonds showed signs of calm…
Mexico’s Sheinbaum grows lead for ruling party presidential ticket -poll
MEXICO CITY (Reuters) – Former Mexico City Mayor Claudia Sheinbaum has grown her lead to a 13-point advantage in the…