EV maker Faraday Future to raise $100 million in debt to support delivery plans
(Reuters) -Electric vehicle (EV) startup Faraday Future Intelligent Electric on Tuesday said it was raising $100 million in debt as…
Business
Marketmind: Markets on hold for US CPI
A look at the day ahead in European and global markets from Tom Westbrook Sterling and the euro seem to…
Battle for China’s electric SUV market heats up at home and abroad
(This May 8 story has been corrected to say that Mitsubishi Motors made the comment last month, not last week,…
Saudi Aramco to supply full oil volumes to Asia in June, but some seek less
By Muyu Xu SINGAPORE (Reuters) – Saudi Aramco has told customers in North Asia they will receive full volumes of…
Virgin Australia says IPO planning advanced, finalising capital return
By Scott Murdoch and Lewis Jackson SYDNEY (Reuters) -Planning for Virgin Australia’s upcoming initial public offering (IPO) is “well advanced”,…
India inflation likely hit 18-month low in April- Reuters poll
By Madhumita Gokhale BENGALURU (Reuters) – India’s consumer inflation likely cooled to an 18-month low in April as rises in…
Investment consortium nears $7 billion-plus deal for Syneos Health -sources
By Anirban Sen NEW YORK (Reuters) -A consortium comprising Elliott Investment Management, Patient Square Capital and Veritas Capital is nearing…
Marketmind: Looming U.S. ‘X-Date’ frays global nerves
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. A heavy dose…
Treasury debt advisers warn of ‘seismic’ impact from U.S. debt payment delays
By David Lawder and Jahnavi Nidumolu WASHINGTON (Reuters) -Wall Street executives who have advised the U.S. Treasury’s debt operations for…
South Korea current account swings back to surplus in March
SEOUL (Reuters) – South Korea’s current account balance in March ended a two-month run of deficit to post a surplus,…