Daimler Truck sees multi-million euros in storm damage at plant
(Reuters) – A severe storm that hit a Mercedes-Benz plant in the central German city of Kassel last week is…
Business
SAIC’s MG Motor brand launches new electric vehicle leasing offer in France
PARIS (Reuters) – MG Motor, owned by Chinese company SAIC Motor, on Friday announced a new leasing offer whereby drivers…
UK economy makes weak start to 2023 as inflation weighs
By David Milliken and Andy Bruce LONDON (Reuters) -Britain’s economy made a lacklustre start to 2023 as inflation ate into…
China’s PBOC asks foreign banks about dollar deposit rates amid weak yuan – sources
SHANGHAI/BEIJING (Reuters) – China’s central bank has surveyed some foreign banks in the past week about the interest rates they…
How hedge funds plan to trade the second half of 2023
By Nell Mackenzie, Carolina Mandl and Summer Zhen LONDON/NEW YORK/HONG KONG (Reuters) -For hedge funds, the second half of 2023…
May retail sales bump in Germany not here to stay – analysts
(Reuters) – German retail sales rose more than expected in May from the previous month, data showed on Friday, though…
Australia, EU trade ministers spoke as hopes of free trade deal rise – source
By Kirsty Needham SYDNEY (Reuters) – Australian and European Union trade ministers spoke on Thursday evening, a source familiar with…
Global markets in H1: Banks vs the machines
By Marc Jones LONDON (Reuters) – The first six months of 2023 have been eventful for financial markets – from…
China’s factory, service sectors stumble as economic malaise broadens
By Joe Cash BEIJING (Reuters) -China’s factory activity declined for a third straight month in June and weakness in other…
Virgin Galactic completes first commercial rocket plane flight to space
By Jose Luis Gonzalez and Steve Gorman TRUTH OR CONSEQUENCES, New Mexico (Reuters) -A three-man crew from Italy soared more…