Global investors extend buying streak into equity funds on signs of easing inflation
(Reuters) – Global investors extended their streak as net buyers of equity funds into a second week, drawing support from…
Business
Mexican inflation continues downward trend in June
MEXICO CITY (Reuters) – Mexico’s annual inflation rate decelerated in June for a fifth consecutive month to 5.06%, data from…
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….
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…
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,…