Italy’s service sector grows in June, but pace slows again – PMI
ROME (Reuters) – Italy’s services sector grew in June for a sixth month running, albeit at a slower pace than…
Business
Volvo Cars June sales up 33% as fully electric car sales quadruple
COPENHAGEN (Reuters) -Sweden-based Volvo Cars on Wednesday reported a 33% year-on-year rise in June sales to 66,379 cars, helped by…
Explainer-What’s behind the firmer-than-expected yuan fixings?
By Georgina Lee HONG KONG (Reuters) – The yuan has lost nearly 5% of its value against the dollar this…
Japan’s firms offer biggest pay hikes in 30 years, wage growth broadens
By Tetsushi Kajimoto TOKYO (Reuters) -Japanese firms offered the biggest pay hikes in three decades at this year’s negotiations with…
Singapore’s fight against inflation still on amid uncertain growth outlook -central bank
By Xinghui Kok SINGAPORE (Reuters) – Singapore’s central bank warned on Wednesday of weak near-term growth for one of Asia’s…
Federal court rules against Australia’s AMP in class action proceedings, shares tank
(Reuters) – Australia’s AMP Ltd tanked on Wednesday after the country’s federal court ruled against the wealth manager in class…
Analysis-Out-of-sync U.S. stocks hide market risks
By Saqib Iqbal Ahmed NEW YORK (Reuters) – U.S. stocks’ tendency to move in sync has plunged to near-record lows,…
Tesla, BYD’s China deliveries hit record high in Q2
By Qiaoyi Li and Brenda Goh BEIJING/SHANGHAI (Reuters) -U.S. automaker Tesla and its chief Chinese rival BYD achieved record deliveries…
Marketmind: China dampens the mood again
A look at the day ahead in European and global markets from Sonali Desai China’s faltering economic recovery has once…
Andrew Forrest’s Wyloo looks for more nickel deals as it seals Mincor buy
By Melanie Burton MELBOURNE (Reuters) – Wyloo Metals, the privately held battery resources unit of Australia iron ore baron Andrew…