Mitsubishi’s China JV to cut staff costs after SUV sales dive
BEIJING/SHANGHAI (Reuters) – Mitsubishi Motors’ joint venture with China’s Guangzhou Automobile Group (GAC) on Thursday said it would cut staff…
Economy
Exclusive-Ivory Coast halts cocoa forward sales as rains hit production
By Ange Aboa ABOISSO, Ivory Coast (Reuters) – Ivory Coast has stopped selling contracts for cocoa exports for the 2023-2024…
Chile miners, facing higher taxes, seek faster permits, lower energy costs
By Fabian Cambero SANTIAGO (Reuters) – Now that Chile has passed an increase in mining royalties, copper miners are pushing…
Stellantis to build new Jeep Compass as fifth model in Melfi – sources
MILAN (Reuters) – Stellantis will build the new Jeep Compass, one of the carmaker’s bestsellers in Europe, as the fifth…
Fragile UK economy set to dodge recession for now
By Andy Bruce and William Schomberg LONDON (Reuters) -Britain’s economy shrank by less than expected in May despite a bank…
Analysis-Partnering with Coinbase could hinder bid for bitcoin ETF approval
By John McCrank and Michelle Price WASHINGTON (Reuters) – Partnering with Coinbase Global may hinder rather than help Nasdaq’s bid…
Marketmind: Markets bet July 2023 is ‘peak Fed’
A look at the day ahead in U.S. and global markets from Mike Dolan Surprise news of a 2%-plus print…
Italy looking to boost loyalty shares scheme to help Milan bourse
By Giuseppe Fonte ROME (Reuters) – Italy is looking to boost the ability of listed companies to issue shares with…
Russia’s Lavrov: I have not heard new proposals on Black Sea grain deal
By Guy Faulconbridge and Vladimir Soldatkin MOSCOW (Reuters) – Russian Foreign Minister Sergei Lavrov said on Thursday that he had…
China’s exports fall most in three years as global economy falters
By Joe Cash and Ellen Zhang BEIJING (Reuters) -China’s exports fell last month at their fastest pace since the onset…