Berkshire Hathaway sells $58.9 million worth of shares in China’s BYD
HONG KONG (Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.96 million Hong Kong-listed shares…
Business
Chinese automaker BYD to make EVs in Vietnam
HANOI (Reuters) – Chinese automaker BYD Co. plans to expand into electric vehicles manufacturing and assembly in Vietnam, according to…
Euro zone investor morale unexpectedly dips in May
BERLIN (Reuters) – Investor morale in the euro zone took a surprising dip in May, with stubborn inflation and energy…
Binance lifts block on bitcoin withdrawals amid heavy volumes
SINGAPORE (Reuters) -Cryptocurrency exchange Binance halted bitcoin withdrawals for several hours on Monday, citing heavy volumes and a surge in…
German industrial output slumps, recession fears rise
By Maria Martinez BERLIN (Reuters) -German industrial production fell more than expected in March, partly due to a weak performance…
Italy open to selling down MPS stake on market if terms, buyers are right – sources
By Giuseppe Fonte and Valentina Za ROME (Reuters) -Italy’s Treasury is open to reducing its 64% stake in Monte dei…
Chinese scour Thailand for homes, looking to offset risks after pandemic
By Angie Teo, Chayut Setboonsarng and Devjyot Ghoshal BANGKOK (Reuters) -Shanghai resident Daniel Bian drank in the sweeping views over…
China’s exports seen rising in April but at slower pace, outlook challenging
By Joe Cash BEIJING (Reuters) -China’s exports were expected to have risen again in April, albeit at a less robust…
Citi appoints new North Africa, Levant and Central Asia head
DUBAI (Reuters) – Banking group Citi has appointed Omar Hafeez as head of its North Africa, Levant and Central Asia…
Novo Nordisk rivals see room to compete in $100 billion weight-loss drug market
By Michael Erman NEW YORK (Reuters) – The enormous demand for weight-loss treatments like Novo Nordisk’s Wegovy could support as…