Pakistan’s petroleum prices hike to fuel sky-high inflation
By Asif Shahzad and Gibran Naiyyar Peshimam ISLAMABAD (Reuters) -Pakistan announced an increase in petrol and diesel prices on Tuesday…
Toyota nearly doubles Q1 profit, China remains challenging
TOKYO (Reuters) – Toyota nearly doubled its operating profit in the first quarter, the Japanese automaker said on Tuesday, helped…
China gallium, germanium export curbs kick in; wait for permits starts
BEIJING (Reuters) -China’s export controls on some gallium and germanium products take effect on Tuesday, with traders braced for a…
US colleges refashion student essay prompts after ban on affirmative action
By Sharon Bernstein (Reuters) – In addition to writing about their favorite songs and why they want to go to…
Uber’s finance chief to exit in January next year
(Reuters) – Uber Technologies said on Tuesday Chief Financial Officer Nelson Chai will leave the ride-hailing company in January next…
Exclusive-China asks some banks to reduce or delay dollar buying -sources
SHANGHAI/BEIJING (Reuters) – China’s currency regulators are asking some commercial banks to reduce or postpone their purchases of U.S. dollars…
Amazon to invest $7.2 billion in Israel, launches AWS cloud region
(Reuters) – Amazon.com said on Tuesday it is planning to invest about $7.2 billion through 2037 in Israel, and launched…
Marketmind: August cools Wall St stocks
A look at the day ahead in U.S. and global markets from Mike Dolan After notching a fifth straight month…
Apple, Microsoft remain world’s top 2 companies by market cap
(Reuters) – Tech giants Apple and Microsoft remained the top two global companies by market capitalisation at the end of…
China pledges financing support for small firms amid weak economic recovery
BEIJING (Reuters) – Chinese ministries, regulators and the central bank on Tuesday pledged more financing support to small businesses, suggesting…