Stellantis, Foxconn form 50-50 JV on semiconductors for auto industry
MILAN (Reuters) – Carmaker Stellantis and iPhone assembler Foxconn have created a 50-50 joint venture to design and sell semiconductors…
Economy
HSBC cuts China’s GDP forecast to 5.3% on weak property, business outlook
(Reuters) – HSBC on Tuesday lowered China’s economic growth forecast for this year, citing drag from the property sector, and…
Qantas orders nine Airbus A220-300S aircraft
(Reuters) – Qantas and Airbus have finalised an incremental order for nine Airbus A220-300s aircraft, the companies said at the…
German May producer prices rise at slowest pace in over two years
BERLIN (Reuters) -German producer prices rose at their slowest pace in more than two years in May, according to data…
Airbus wins record 500-plane order from India’s IndiGo
By Tim Hepher, Joanna Plucinska and Aditi Shah PARIS/DELHI (Reuters) -Europe’s Airbus secured a historic deal on Monday involving the…
Lab crunch: British science has nowhere to go
By Kate Holton OXFORD, England (Reuters) – For Ros Deegan, the thrill of raising $100 million to expand a biotech…
Foreigners biggest buyers of Asian bonds in two years
By Gaurav Dogra and Patturaja Murugaboopathy (Reuters) – Asian bonds attracted their highest monthly foreign inflows in about two years…
Adobe’s $20 billion deal to acquire Figma under threat from EU regulators – FT
(Reuters) -European antitrust regulators are preparing to launch a formal investigation into software giant Adobe’s $20 billion buyout deal for…
SoftBank’s Son says he is ‘heavy user’ of ChatGPT
By Sam Nussey TOKYO (Reuters) -SoftBank Group Chief Executive Masayoshi Son said on Tuesday he is a “heavy user” of…
Macron’s Paris summit seeks new life for global finance agenda
By Leigh Thomas and Simon Jessop PARIS (Reuters) – French President Emmanuel Macron hosts a summit on Thursday and Friday…