China’s car sales rise 2.1% in April as price war effect fades
BEIJING/SHANGHAI (Reuters) – China’s passenger vehicle sales rose by 2.1% in April from a month earlier, industry data showed, underscoring…
Business
Daimler Truck holds 2023 outlook on supply chain disruptions
BERLIN (Reuters) -Daimler Truck reported on Tuesday a rise in first-quarter return on sales but maintained its 2023 outlook due…
ECB may need to raise rates for longer than anticipated: Kazimir
FRANKFURT (Reuters) – The European Central Bank may need to raise interest rates for longer than currently anticipated, and September…
China should set clear rules for due diligence sector amid probes – US business lobby
SHANGHAI (Reuters) – The American Chamber of Commerce in Shanghai said on Tuesday it was concerned about reports of investigations…
IMF still concerned by banking sector wobbles – chief economist
PARIS (Reuters) – The International Monetary Fund remains concerned about recent turbulence in the banking sector despite actions by the…
Li-Cycle and Glencore unveil plans for recycling hub in Italy
(Reuters) – Battery recycler Li-Cycle Holdings Corp said on Tuesday it planned to develop a recycling hub in Italy along…
PayPal adjusted margin forecast cut eclipses higher profit expectations
By Manya Saini (Reuters) – PayPal Holdings Inc on Monday cut its outlook for annual adjusted operating margin, overshadowing its…
Why eastern Europe’s grain producers face a perfect storm
By Anna Koper, Gergely Szakacs and Luiza Ilie WARSAW (Reuters) – When global grain prices started falling last year after…
AI pioneer says its threat to world may be ‘more urgent’ than climate change
By Martin Coulter LONDON (Reuters) – Artificial intelligence could pose a “more urgent” threat to humanity than climate change, AI…
At Musk’s brain-chip startup, animal-testing panel is rife with potential conflicts
By Rachael Levy and Marisa Taylor (Reuters) – Elon Musk’s brain-implant venture has filled an animal-research oversight board with company…