Take Five: A summit with a ceiling
(Reuters) -Right now, it’s all about deadlines, as lawmakers race to thrash out a deal on the U.S. borrowing limit,…
Business
Ford says it will reduce costs to boost China business
SHANGHAI/BEIJING (Reuters) – Ford said on Monday it was working to reduce costs in China as it strives to recover…
Analysis-Tesla’s new car-making process stokes debate among industry experts
By Norihiko Shirouzu, Paul Lienert and Victoria Waldersee (Reuters) – Tesla Inc’s new vehicle-assembly system, which created instant buzz when…
Marketmind: Debt ceiling jitters, Turkey vote, Soros ditches Tesla
(Reuters) – A look at the day ahead in U.S. and global markets by Amanda Cooper. Time is running out…
Hong Kong Disneyland revenue jumps 31% as domestic visitors hit record
(Reuters) – Hong Kong Disneyland Resort (HKDL) said on Monday its 2022 revenue jumped 31% as the number of domestic…
Former PwC Australia CEO to retire as partner after tax documents leak scandal
By Alasdair Pal SYDNEY (Reuters) – PricewaterhouseCoopers (PwC) said the former CEO of its Australia business, who stepped down just…
China’s securities regulator, central bank cut staff pay budgets
SHANGHAI (Reuters) – China’s securities regulator and central bank cut the budget allocation for employee salaries in 2023, following reforms…
Euro zone industry output falls sharply, with Ireland plunge
BRUSSELS (Reuters) – Euro zone industrial production fell by far more than expected in March as output of capital goods…
EU exec sees stronger 2023, 2024 euro zone growth, but higher inflation
By Jan Strupczewski BRUSSELS (Reuters) – Euro zone economic growth will be faster than previously expected this year and next…
ECB rate hike impact on inflation small so far, but more coming: ECB Bulletin
FRANKFURT (Reuters) – Rapid European Central Bank rate hikes lowered inflation modestly last year but the biggest impact is expected…