EV maker Lordstown plans to sue Foxconn over funding dispute
(Reuters) – Lordstown Motors said on Friday it plans to take legal action against investor Foxconn to ensure that the…
Business
Investors pile into cash, bonds ahead of key rate decisions-BofA
By Samuel Indyk LONDON (Reuters) – Investors poured money into cash and bonds in the week to Wednesday, according to…
China’s central bank upbeat on Q2 GDP growth, confident on 2023 targets
BEIJING (Reuters) -China’s economic growth is expected to be “relatively high” in the second quarter compared to the prior year,…
Whoosh! Global equity funds see biggest weekly outflows in 12 weeks
(Reuters) – Global equity funds posted outflows for the eighth consecutive week in the seven days leading up to June…
Marketmind: Wall St ‘bull’, China deflation
A look at the day ahead in U.S. and global markets from Mike Dolan As S&P500 stocks clock their highest…
India’s SpiceJet to induct 10 aircraft from September 2023
BENGALURU (Reuters) – India’s SpiceJet will add 10 Boeing 737 aircraft to its fleet between September and October to cater…
Analysis-Inside OPEC+, Saudi ‘lollipop’ oil cut was a surprise too
By Dmitry Zhdannikov, Ahmad Ghaddar and Alex Lawler LONDON (Reuters) – Saudi Arabia kept under wraps its plan to make…
GM embraces Tesla’s EV charging system, Wall Street cheers
By David Shepardson and Joseph White (Reuters) -General Motors will join Ford in adopting Tesla’s North American charging plug standard…
Swiss government says it has reached agreement with UBS on loss guarantees
ZURICH (Reuters) – The Swiss government has signed an agreement with UBS to cover up to 9 billion Swiss francs…
AstraZeneca signs $2 billion agreement with Quell to develop cell therapies
(Reuters) – AstraZeneca said on Friday it had signed an agreement with Quell Therapeutics potentially worth more than $2 billion…