Russia building reserves in assets the West can’t sanction – central bank chief
MOSCOW (Reuters) – Russian Central Bank Governor Elvira Nabiullina said on Tuesday Russia is building its international reserves with assets…
Economy
Seven & i Holdings says will oppose board proposal by ValueAct Capital
TOKYO (Reuters) – Japanese retailer Seven & i Holdings Co said on Tuesday it will oppose a board proposal by…
UBS makes changes to buyback programme following Credit Suisse takeover
ZURICH (Reuters) -UBS on Tuesday said it was making changes to its $6 billion share buyback programme following its takeover…
World Bank warns Fiji to cut debt urgently or risk stalling pandemic recovery
WELLINGTON (Reuters) – Fiji must take urgent action to reduce a debt burden that exceeds 90% of gross domestic product…
Northvolt and Scania unveil battery for heavy trucks
STOCKHOLM(Reuters) – Truck-maker Scania and battery producer Northvolt on Tuesday said they had developed an electric battery with a lifetime…
Marketmind: China’s economy gathers pace but markets unimpressed
A look at the day ahead in European and global markets from Kevin Buckland China’s post-Covid recovery is firmly on…
China fiscal revenue turns higher in March on recovering economic activity
BEIJING (Reuters) – China’s fiscal revenue rose in March, reversing a decline in January-February, as economic activity rebounded following the…
China’s Q1 property investment falls 5.8% year-on-year
(Correct to add percentage indicator in headline) BEIJING (Reuters) – China’s property investment fell 5.8% from a year earlier in…
Analysis-Rocket startups face adapt-or-die moment amid investment drought
By Joey Roulette WASHINGTON (Reuters) – Demand for sending satellites into space remains strong, but U.S. rocket startups are taking…
Volkswagen plans 10 more EV models by 2026
SHANGHAI (Reuters) – Germany’s Volkswagen AG said on Tuesday it plans to introduce 10 more electric vehicle (EV) models by…