LONDON (Reuters) – Earnings season gets into full swing, while the first snapshot of business activity in April could provide a sense of how much pain the turmoil in the banking sector has inflicted on the world economy. China and Britain release key economic data and officials from the Group of Seven nations talk climate…
TAIPEI/BEIJING (Reuters) -The U.S. warship USS Milius sailed through the Taiwan Strait on Sunday, in what the U.S. Navy described on Monday as a “routine” transit, just days after China ended its latest war games around the island. China, which views Taiwan as its own territory, officially ended its three days of exercises around Taiwan…
By Cheney Orr and Julia Harte DADEVILLE, Alabama (Reuters) -At least four people were killed and 28 wounded in a shooting that erupted during a late-night “Sweet 16” birthday celebration at a dance studio in the small town of Dadeville, Alabama, state police and local news media said on Sunday. Some of the injured were…
(Reuters) – Workers from Tesla’s Shanghai factory have taken the unusual step of posting on social media to appeal to Elon Musk and the Chinese public after being told over the weekend that a performance bonus had been cut. Here are key facts about Tesla’s operation in Shanghai: BACKGROUND Tesla’s Shanghai plant, which began operations…
By Howard Schneider and Balazs Koranyi WASHINGTON (Reuters) – Major central banks may be deep into their drive to raise interest rates in hopes of killing inflation, but the endgame remains far from clear as price increases prove harder to slow than expected, and analysts caution that financial markets could still break along the way….
By Dhara Ranasinghe, Samuel Indyk and Alun John LONDON (Reuters) -European equity markets are basking in a glow that even greater uncertainty unleashed by turmoil in the banking sector appears not to be able to dim. Having started the year on a strong footing as the energy crisis abated and China’s economy reopened from COVID-related…
(Reuters) – A look at the day ahead in European and global markets from Wayne Cole. It’s been a careful start to the week in Asia with stocks and bonds little changed and the dollar holding most of Friday’s bounce. The caution is understandable given the week holds updates on Chinese economic growth and global…
HANOI (Reuters) – Vietnam’s electric vehicle maker VinFast said on Monday it had shipped a second batch of 1,879 longer-range VF 8 sport utility vehicles (SUVs), as it seeks to expand its foothold in overseas markets. VinFast, which is backed by Vietnam’s largest conglomerate Vingroup JSC, in November dispatched a shipment of 999 of its…
By Katya Golubkova and Yuka Obayashi SAPPORO, Japan (Reuters) -The Group of Seven rich nations on Sunday set big new collective targets for solar power and offshore wind capacity, agreeing to speed up renewable energy development and move toward a quicker phase-out of fossil fuels. But they stopped short of endorsing a 2030 deadline for…
By Ellen Zhang and David Kirton GUANGZHOU (Reuters) -Chinese exporters exhibiting their products at the country’s largest trade fair said the weak global economy was hurting their businesses, with many freezing investments and some cutting labour costs in response. The subdued mood at the Canton Fair in the southern city of Guangzhou suggests China’s unexpected…
