JPMorgan sees yuan weakness continuing, possibility of “circuit breaker”
LONDON (Reuters) – Wall Street bank JPMorgan said on Tuesday it was staying “bearish” on China’s yuan despite its recent…
Delta Air expects full-year profit at higher end of forecast
(Reuters) – Delta Air Lines said on Tuesday it expects full-year profit per share at the high-end of its prior…
Stellantis aims to relieve ‘charging anxiety’ with new service for EV users
MILAN (Reuters) – Stellantis launched a ‘Charging & Energy’ business unit on Tuesday to make it easier to keep electric…
Kenya could follow Uganda as East African nations wage war on LGBT rights
By Ayenat Mersie and Mukelwa Hlatshwayo NAIROBI (Reuters) -Mohamed Ali doesn’t believe gay Africans exist. He says homosexuality is a…
Accor plans to open more than 1,200 hotels as travel demand picks up
By Tristan Veyet and Gaelle Sheehan (Reuters) -Accor plans to open more than 1,200 hotels in the next five years,…
BoE’s Dhingra sees ‘promising signals’ of a fall in UK inflation
By David Milliken LONDON (Reuters) -Bank of England policymaker Swati Dhingra said there are “promising signals” for a further decline…
Yacht maker Ferretti reverses course after Milan launch
By Elisa Anzolin MILAN (Reuters) – Shares in Italian yacht-maker Ferretti reversed course on Tuesday, as it began its listing…
Volkswagen China chief asks China’s premier Li for clarity on data transfers
BERLIN (Reuters) – Volkswagen’s head of its business in China said on Tuesday that the carmaker needed clarity on cross-border…
Israeli lead producer to use ACE Green emissions-free recycling
(This June 21 story has been refiled to remove the picture) LONDON (Reuters) – U.S.-based ACE Green Recycling, which has…
ECB faces new phase of lingering inflation, says Lagarde
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -Euro zone inflation has entered a new phase which could linger for…