Analysis-China’s sputtering economy curbs outlook for diesel demand for rest of 2023
By Andrew Hayley BEIJING (Reuters) – China’s muted economic growth in 2023 as its post-COVID recovery underwhelms has crimped the…
2023
Moderna’s updated COVID vaccine effective against ‘Eris’ variant in humans
(Reuters) – Moderna said on Thursday an initial study data showed its updated COVID-19 vaccine to be effective against the…
Hawaiian Electric shares slide more on Maui wildfires
(Reuters) -Shares of Hawaiian Electric Industries extended recent losses on Thursday, briefly hitting their lowest since 1985, as the utility…
China Evergrande seeks Chapter 15 protection in Manhattan bankruptcy court
By Jonathan Stempel, Dietrich Knauth and Manya Saini NEW YORK (Reuters) -China Evergrande, which is the world’s most heavily indebted…
Wood Mackenzie: govts’ ‘unrealistic’ offshore wind expansion target would require $100 billion by 2026
(Reuters) – Government targets to increase wind power installations would see annual capacity additions reach 80 gigawatts (GW) per year…
Trucking firm Estes Express submits $1.3 billion bid for Yellow’s shipment centers
By Dietrich Knauth NEW YORK (Reuters) -Trucking firm Estes Express has submitted a $1.3 billion bid to acquire bankrupt Yellow…
Chip tool maker Applied Materials shares jump after strong forecast
By Jaspreet Singh and Max A. Cherney (Reuters) -Semiconductor equipment maker Applied Materials on Thursday forecast its fourth-quarter profit would…
US SEC poised to adopt rules for $20 tln private fund industry
By Douglas Gillison (Reuters) – Wall Street’s top regulator is set next week to adopt new transparency rules for the…
Bitcoin falls 7.2% to $26,634
(Reuters) – Bitcoin dropped 7.2% to $26,634 at 21:45 GMT on Thursday, losing $2,067 from its previous close. Bitcoin, the…
Marketmind: Adjusting to a new, higher yield world
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist….