China fines Ant 7.1 billion yuan
BEIJING (Reuters) – China’s central bank on Friday announced a fine of 7.12 billion yuan ($984 million) for Ant Group….
2023
Continental to phase out activities at Gifhorn plant by end of 2027
BERLIN (Reuters) -Continental said on Friday it planned to phase out business activities at its Gifhorn plant by the end…
Tesla offers cash rebate on top models in China
(Corrects range of price cuts in Japan in last paragraph to between 3% and 4%, not 3% and $5) BEIJING…
Investors focused on June US jobs data after yields spike
By Saqib Iqbal Ahmed NEW YORK (Reuters) -Investors are on edge ahead of Friday’s U.S. jobs report after more evidence…
Cash assets under management reach ‘monster $7.8tn’ – BofA
By Lucy Raitano LONDON (Reuters) – Investors globally ploughed more money into cash funds in the week to Wednesday, with…
Factbox-European companies cut jobs as economy sputters
(Reuters) – Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring…
Ukraine would welcome cluster munitions from US – Zelenskiy aide
By Pavel Polityuk KYIV (Reuters) – Ukraine would welcome receiving cluster munitions from the United States because they would have…
One month after Ukraine dam breach, villagers in Russian-controlled areas still live in destroyed homes
HOLA PRYSTAN, Russian-controlled Ukraine (Reuters) – Walking through what remains of his home, Leonid Garul points to the ceiling and…
Fisker misses second-quarter production target due to parts shortage
(Reuters) – Fisker missed its production target for the second quarter due to shortage of components, the electric vehicle startup…
Factbox: China’s major germanium and gallium producers
BEIJING (Reuters) – China has announced export restrictions to take effect from Aug. 1 on some gallium and germanium products,…