Japan approves energy firms’ household power price hike
TOKYO (Reuters) – Japan’s government on Tuesday has approved an increase in household electricity rates of made by seven major…
Asia
Mercedes plans new electric van platform, 20% cost cuts by mid-decade
By Nick Carey LONDON (Reuters) – Mercedes-Benz’s van unit said on Tuesday that it plans a new, scalable platform for…
Tesla to meet Indian officials this week – source
By Aditya Kalra and Aditi Shah NEW DELHI (Reuters) – Senior Tesla Inc executives will meet Indian government officials on…
Australian luxury wine to China will take years to rebuild – Treasury
SYDNEY (Reuters) – Chinese wine sales will not return to the same level for Australia’s Treasury Wine Estate even if…
Pilots seek Indian government help to quit Go First
By Aditya Kalra and Arpan Chaturvedi NEW DELHI (Reuters) -Pilots at India’s Go First face delays getting paid due to…
Column-Yuan won’t be FX reserve currency if no one buys China’s bonds: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – China’s yuan faces significant long-term obstacles to becoming a global reserve currency of…
Asian hedge funds piled to China education, U.S. AI shares in Q1
By Summer Zhen HONG KONG (Reuters) – Large Asian hedge funds added Chinese education companies to their portfolios in the…
Microsoft wins EU antitrust approval for Activision deal vetoed by UK
By Foo Yun Chee BRUSSELS (Reuters) -Microsoft Corp won EU antitrust approval for its $69 billion acquisition of Activision on…
Marketmind: Biden, Republicans set for debt ceiling face-off
(Reuters) – A look at the day ahead in U.S. and global markets from Samuel Indyk. Another day, another meeting…
India’s newest infra lender to loan 1 trillion rupees this fiscal -official
By Ira Dugal MUMBAI (Reuters) – The Indian government-backed National Bank for Financing Infrastructure and Development (NaBFID) expects to sanction…