China’s Changan Auto to invest $285 million in EV facility in Thailand
BANGKOK (Reuters) – Chinese auto maker Changan Auto will invest $285 million in a facility in Thailand to produce 100,000…
Business
JPMorgan sees “non-trivial risk” of a technical default on U.S. Treasuries as debt ceiling looms
LONDON (Reuters) – JPMorgan expects the U.S. debt ceiling to become an issue as early as next month with the…
UK rental housing less affordable than in 2019, ONS says
LONDON (Reuters) -Britons starting new private-sector housing tenancies spent an average of 26.8% of their income on rent in March,…
Germany, Italy push euro zone into trade surplus in Feb
BRUSSELS (Reuters) – The euro zone swung to a trade surplus in February from a deficit a year earlier, non-adjusted…
France sees debt burden easing, but interest costs surging
By Leigh Thomas PARIS (Reuters) -France will see its national debt burden fall faster than previously expected even though the…
South Korea announces $15 billion investment in advanced battery technologies
By Heekyong Yang SEOUL (Reuters) -The South Korean government and its top battery companies plan to jointly invest 20 trillion…
Branson’s Virgin Orbit files Chapter 11 bankruptcy plan
(Reuters) -Richard Branson’s Virgin Orbit Holdings Inc and its subsidiaries in the United States filed a Chapter 11 bankruptcy plan…
Analysis-Investors seek to break through Japan Inc’s ‘value trap’
By Ankur Banerjee SINGAPORE (Reuters) -Corporate governance in Japan has suddenly become a cause celebre, rousing the world’s third-largest stock…
Deutsche Bank plans to cut jobs, shrink board – source
BERLIN (Reuters) – Deutsche Bank plans to reduce its executive board to nine members from 10 and to cut some…
Volkswagen: US-made ID.4 models eligible for full tax credit
BERLIN (Reuters) – Volkswagen’s U.S.-assembled ID.4 models will be eligible for a $7,500 tax credit this year, according to the…