Moody’s cuts ratings of Chinese developer Country Garden
(Reuters) – Ratings agency Moody’s on Thursday downgraded Chinese developer Country Garden’s corporate family rating (CFR) to Caa1 from B1,…
EU to analyse US tech curbs in China, says issue also key to Europe
By Foo Yun Chee BRUSSELS (Reuters) -The European Commission will analyse the U.S. ban on new U.S. investment in China…
Biden orders ban on certain US tech investments in China
By Karen Freifeld, Andrea Shalal and David Shepardson NEW YORK/WASHINGTON (Reuters) -President Joe Biden on Wednesday signed an executive order…
Typhoon Khanun lashes southern Japan, South Korea, another storm looms
TOKYO/SEOUL (Reuters) -Flights were cancelled and trains halted on Wednesday as heavy rain from Typhoon Khanun pounded southern regions of…
Hawaii wildfires kill 36 as ‘apocalypse’ hits Maui island resort city
By Marco Garcia KAHULUI, Hawaii (Reuters) -At least 36 people have died after wildfires, fanned by winds from a faraway…
Biden highlights economic transformation at New Mexico wind tower plant
By Nandita Bose BELEN, New Mexico (Reuters) -U.S. President Joe Biden took his economic pitch to New Mexico on Wednesday…
Thyssenkrupp flags new cost cuts to regain investor confidence
By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) – Thyssenkrupp on Thursday flagged a new cost-cutting programme to raise its…
Lithium mine auctions in China’s Sichuan draw thousands of high bids
BEIJING (Reuters) – Two lithium mine auctions in China’s southwestern Sichuan province that began this week have received nearly 7,000…
Siemens sees weakening demand trends as Q3 misses forecasts
By John Revill ZURICH (Reuters) -Siemens missed profit forecasts in its latest quarter, the German engineering company reported on Thursday,…
Canadian Tire revenue falls as demand for sporting, home items slow
(Reuters) – Canadian Tire Corp on Thursday reported a drop in quarterly revenue, as demand for sporting goods and home…