Volvo Cars flags solid demand, pricing pressures ahead
By Marie Mannes STOCKHOLM (Reuters) -Sweden-based automaker Volvo Cars reported a 54% fall in second-quarter operating earnings on Thursday as…
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Japan exports underwhelm in June, global weakness drags on economy
By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s annual exports grew much-less than expected in June, highlighting weak Chinese and Western demand…
TSMC flags 10% fall in 2023 sales as weak global outlook weighs
By Sarah Wu and Yimou Lee TAIPEI (Reuters) -Taiwanese chipmaker TSMC forecast a drop of around 10% in 2023 sales…
US envoy John Kerry says China-US climate relations need ‘more work’
By Valerie Volcovici and David Stanway BEIJING (Reuters) – U.S. climate envoy John Kerry said more work was needed this…
Inditex transfers operation of Zara stores in Argentina, Uruguay to Regency Group
By Corina Pons MADRID (Reuters) – Zara owner Inditex said on Thursday it had reached an initial agreement to transfer…
China’s June exports to North Korea fell 6.6% month-on-month
BEIJING (Reuters) – China’s exports to North Korea fell 6.6% last month versus May, customs data shows, though they remained…
Netflix quarterly revenue misses forecasts, shares slide
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Streaming video pioneer Netflix disappointed Wall Street on Wednesday with second-quarter…
Exclusive-Key bidders in Ascential break-up quit auction – sources
By Amy-Jo Crowley LONDON (Reuters) -Three major bidders for the consumer data arm of UK business media group Ascential have…
China says its ‘priority’ is to stop Taiwan VP visiting US next month
BEIJING (Reuters) – It is China’s “priority” to stop Taiwan’s vice president and presidential frontrunner William Lai from visiting the…
Chinese professor says youth jobless rate might have hit 46.5%
By Ryan Woo and Ellen Zhang BEIJING (Reuters) -An unusually public claim by a Chinese professor the country’s youth jobless…