ValueAct urges ouster of Seven & i President Isaka – letter
By Svea Herbst-Bayliss NEW YORK (Reuters) – ValueAct Capital is pushing to oust Seven & i Holdings President Ryuichi Isaka,…
Business
Ford must rethink its brand for China as EVs boom, CEO says
DETROIT (Reuters) – Facing a booming and hyper-competitive market for electric vehicles (EVs) in China, Ford Motor Co needs to…
Marketmind: Purchasing managers of the world, diverge
A look at the day ahead in European and global markets from Tom Westbrook A month-long risky-asset rally, in the…
BOJ unlikely to move in April, most economists say: Reuters poll
By Kantaro Komiya TOKYO (Reuters) – The Bank of Japan’s new chief Kazuo Ueda will not start unwinding its ultra-easy…
China sees more state-sector funds launched after policy drive
By Jason Xue and Summer Zhen SHANGHAI/HONG KONG (Reuters) – Chinese asset managers are rushing to launch funds to woo…
Musk’s price cuts show challenge for Tesla’s product strategy -Ford CEO
DETROIT (Reuters) – Electric car giant Tesla’s decision to cut prices to drive up sales volume reflects the pressure it…
China EV maker BYD to build $290 million battery component plant in Chile
HONG KONG (Reuters) – China’s BYD Co Ltd, the world’s largest electric vehicle (EV) maker, plans to build a $290…
Elon Musk’s Starship explodes minutes after first test flight’s liftoff
By Joe Skipper and Steve Gorman BOCA CHICA, Texas (Reuters) -SpaceX’s next-generation Starship spacecraft exploded minutes after liftoff in an…
SpaceX rocket explosion illustrates Elon Musk’s ‘successful failure’ formula
By Steve Gorman and Arlene Eiras LOS ANGELES (Reuters) – The spectacular explosion of SpaceX’s new Starship rocket minutes after…
G7 nations considering near-total ban on exports to Russia -Kyodo
TOKYO (Reuters) – The Group of Seven (G7) countries are considering a near-total ban on exports to Russia, Kyodo news…