China’s Shimao Says No Deal Yet To Sell Shanghai Plaza, In Talks To Sell Some Assets
By Clare Jim HONG KONG (Reuters) – Cash-strapped Chinese property developer Shimao Group Holdings on Tuesday denied a media report…
Oil Prices Rise On Renewed Risk Appetite, Tight OPEC Supply
By Koustav Samanta and Sonali Paul SINGAPORE (Reuters) -Oil prices climbed on Tuesday, with investors regaining some risk appetite as…
Explainer-How Amazon’s Battle With Reliance For India Retail Supremacy Became A Legal Jungle
By Aditya Kalra NEW DELHI (Reuters) – For more than a year, Amazon.com Inc and India’s Future Group have been…
Volkswagen Aims To Double Electric Car Sales In China This Year After Missing Targets
By Norihiko Shirouzu BEIJING (Reuters) -Volkswagen AG said it would likely double sales of its ID battery electric vehicles in…
Power Outage Affects Trading At LME – Bloomberg News
(Reuters) – A power shutdown at a third-party data centre has caused connectivity issues at London Metal Exchange (LME), impacting…
Sika Posts Highest Ever Annual Sales Of 9.24 Billion Francs
(Reuters) -Construction chemicals maker Sika AG on Tuesday reported a 17.3% rise in 2021 sales, boosted by a raft of…
Japan’s No. 3 Lender Mizuho To Appoint Senior Executive Kihara As New CEO -source
By Yuki Nitta TOKYO (Reuters) – Mizuho Financial Group will appoint senior executive officer Masahiro Kihara as its next chief…
Volkswagen Sold 70,625 ID Electric Cars In China Last Year, Missing Targets
By Norihiko Shirouzu BEIJING (Reuters) -Volkswagen AG sold 70,625 of its ID electric vehicles in China last year, missing its…
Asian Stocks, Dollar Steady As Investors Focus On Fed Policy
By Anshuman Daga SINGAPORE (Reuters) – Asian equities and the dollar struggled to find direction on Tuesday, with attention squarely…
Bridgewater’s Ray Dalio Advises Being Underweight Cash Due To Inflation Environment
By Xie Yu HONG KONG (Reuters) – U.S. investor Ray Dalio, founder of the world’s largest hedge fund, says investors…