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BYD calls on China automakers to unite, ‘demolish the old’ in global push

The Cheap InvestorAugust 11, 2023August 11, 20230

(Reuters) – A patriotic call by China’s bestselling automaker to band the industry together and “demolish the old legends” of…

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Hong Kong economic growth slows to 1.5% in Q2, gradual recovery seen

The Cheap InvestorAugust 11, 2023August 11, 20230

By Twinnie Siu and Donny Kwok HONG KONG (Reuters) -Hong Kong’s economy grew 1.5% in the second quarter from a…

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Russia says it downs Ukrainian drone west of Moscow, two airports reopen

The Cheap InvestorAugust 11, 2023August 11, 20230

MOSCOW (Reuters) – Russian air defences on Friday downed a Ukrainian drone as it flew towards an unspecified target in…

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South Africa’s Zuma granted remission, avoids return to jail

The Cheap InvestorAugust 11, 2023August 11, 20230

JOHANNESBURG (Reuters) -South Africa’s former president Jacob Zuma, who spent only two months of a 15-month sentence in prison in…

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San Francisco moves to center of robotaxi universe after California agency vote

The Cheap InvestorAugust 11, 2023August 11, 20230

By Greg Bensinger SAN FRANCISCO (Reuters) -California just supercharged the self-driving car industry. Following a contentious state agency vote, Alphabet…

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China to replace $140 billion LGFV debt with local bonds – Bloomberg News

The Cheap InvestorAugust 11, 2023August 11, 20230

BEIJING (Reuters) -China will let local governments raise about 1 trillion yuan ($140 billion) through bond sales to repay the…

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Siemens Gamesa has fix for onshore wind turbine problem

The Cheap InvestorAugust 11, 2023August 11, 20230

FRANKFURT (Reuters) – Siemens Energy has fixed quality issues at onshore wind turbines it is currently selling to customers, the…

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Poland to vote in privatisation referendum, likely alongside October election

The Cheap InvestorAugust 11, 2023August 11, 20230

WARSAW (Reuters) – Poles will vote on whether they support the privatisation of state companies, Poland’s ruling party leader said…

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Spain 12-month inflation at 2.3% in July, up from 1.9% in June

The Cheap InvestorAugust 11, 2023August 11, 20230

(Reuters) -Spanish national consumer prices rose 2.3% in the 12 months through July, final data from the National Statistics Institute…

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UK economy’s surprise strength puts more BoE rate hikes on table

The Cheap InvestorAugust 11, 2023August 11, 20230

By Andy Bruce and David Milliken LONDON (Reuters) -Britain’s economy eked out unexpected growth in the second quarter, laying the…

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