Lofty prices tarnish gold’s lustre in top Asian retail hubs
By Amy Lv, Rajendra Jadhav and Kavya Guduru BEIJING/MUMBAI/BENGALURU (Reuters) – On a recent evening in April, only three or…
Business
French antitrust body tells Meta to change conditions for access to ad verification
PARIS (Reuters) -France’s antitrust watchdog on Thursday gave Facebook-owner Meta two months to change its access rules for ad verification…
Novo Nordisk cuts some US supply of obesity drug Wegovy to cope with demand
By Nikolaj Skydsgaard COPENHAGEN (Reuters) -Danish drug developer Novo Nordisk said it would have to halve the supply of starter…
Taiwan central bank may keep raising interest rates, minutes show
TAIPEI (Reuters) – Taiwan’s central bank debated the need for further rate hikes this year to combat persistent inflation, minutes…
Analysis-Fed’s hiking pause may not signal all-clear for US stocks
By Lewis Krauskopf and David Randall NEW YORK (Reuters) – The end of a market-punishing rate hiking cycle may be…
Euro zone producer prices fall m/m in March
BRUSSELS (Reuters) – Euro zone producer prices fell a bit more than expected month-on-month in March, data showed on Thursday,…
Volvo Cars to axe 1,300 jobs as it steps up cost cuts
COPENHAGEN (Reuters) -Volvo Cars will lay off around 1,300 office-based employees in Sweden as it steps up cost cutting, the…
Staging partial recovery, Russia’s April car sales leap 170.4% y/y – Autostat
(Reuters) – Car sales in Russia leapt by 170.4% year-on-year in April, analytical agency Autostat said on Thursday, with the…
Factbox-Lawsuits lodged over state-backed Credit Suisse takeover
(Reuters) – Hundreds of lawsuits have been filed over the terms of the emergency deal to save Credit Suisse by…
Volkswagen sees growing competition ahead as revenue jumps on Europe, US
By Victoria Waldersee BERLIN (Reuters) -Volkswagen sees higher competition later this year as supply chain bottlenecks ease and China’s electric…