Analysis-Global automakers scramble to reset China strategies as sales slow
SHANGHAI (Reuters) – For foreign automakers in China, it is time to double down on a turnaround or cut losses…
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Subway tuna lawsuit has been dismissed
By Jonathan Stempel (Reuters) -A high-profile lawsuit by a California woman who claimed that Subway’s tuna products contain ingredients other…
US Senate backs sweeping defense policy bill, sets up clash with House bill
By Patricia Zengerle WASHINGTON (Reuters) -The U.S. Senate passed a sweeping bill setting policy for the Department of Defense on…
Brazil’s Vale to sell 13% stake in base metals unit for $3.4 billion
By Peter Frontini SAO PAULO (Reuters) -Brazilian miner Vale said on Thursday it reached two separate agreements to sell a…
Dow Jones index set to end 13 day winning streak
By Noel Randewich (Reuters) – The Dow Jones Industrial Average was on the verge of ending its longest winning streak…
T-Mobile posts highest Q2 subscriber adds in eight years, beating estimates
By Samrhitha A (Reuters) -T-Mobile US topped Wall Street expectations for quarterly wireless subscriber additions on Thursday, as cost-conscious customers…
US oilfield service providers expect rig count recovery later this year on high prices
By Arathy Somasekhar HOUSTON (Reuters) – Oilfield service providers on Thursday signaled a recovery in rig count, an indicator of…
Inflation in Japan’s capital slows in July, stays above BOJ target
By Yoshifumi Takemoto and Leika Kihara TOKYO (Reuters) – Core inflation in Japan’s capital slowed in July but remained well…
Biden administration asks US Supreme Court to block ‘ghost gun’ ruling
By Andrew Chung and John Kruzel WASHINGTON (Reuters) – President Joe Biden’s administration on Thursday asked the U.S. Supreme Court…
Corporate credit quality weaker than markets factor in – Janus Henderson
By Chiara Elisei LONDON (Reuters) – Corporate credit quality is weaker than financial markets currently price in, while defaults are…