China Unveils $72 Billion Tax Break For EVs, Other Green Cars To Spur Demand
By Qiaoyi Li and Liz Lee BEIJING/SHANGHAI (Reuters) -China unveiled on Wednesday a 520 billion yuan ($72.3 billion) package to…
2023
Vodafone hires Morgan Stanley to weigh options for its Spanish unit – Expansion
MADRID (Reuters) – Britain telecoms company Vodafone has hired investment bank Morgan Stanley to evaluate the options for its Spanish…
Paris finance summit to push development banks to take on more risk -draft
By John Irish PARIS (Reuters) -Leaders meeting this week at a summit in Paris are set to back a push…
BOJ’s Adachi sees only small chance of July policy tweak
By Leika Kihara KAGOSHIMA, Japan (Reuters) -Bank of Japan board member Seiji Adachi said the chance of tweaking the bank’s…
Two killed in Canada air force helicopter crash into Ottawa river
OTTAWA (Reuters) -A Canadian air force helicopter crashed into the Ottawa River early on Tuesday, killing two armed forces members…
GSK’s RSV vaccine shows long-term efficacy in late-stage trial
(Reuters) -GSK on Wednesday said its vaccine for the respiratory syncytial virus (RSV), which recently won EU approval, showed strong…
UK net debt passes 100% of GDP for first time since 1961
LONDON (Reuters) – Britain’s public sector net debt surpassed 100% of gross domestic product in May as borrowing came in…
Shanghai regulators summon Starbucks, Shake Shack citing excessive personal data collection
BEIJING (Reuters) – Chinese regulators in financial hub Shanghai summoned three firms including Starbucks and Shake Shack earlier this week…
Factbox – Graphite producers doing deals with automakers and battery groups
LONDON (Reuters) – Automakers are rushing to lock in graphite supply from outside dominant producer China as mined graphite demand…
Analysis-Auto firms race to secure non-Chinese graphite for EVs as shortages loom
By Eric Onstad LONDON (Reuters) – Automakers, including Tesla and Mercedes, are rushing to lock in graphite supply from outside…