Investors cut cash holdings as market focus shifts to inflation
By Lucy Raitano LONDON (Reuters) – Investors cut their cash holdings for the first time in eight weeks in the…
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Toyota must do more, faster to meet China market expectations – CEO
By Daniel Leussink and Maki Shiraki TOKYO (Reuters) -Toyota Motor Corp’s chief executive on Friday gave a stark assessment of…
Strikes cripple German rail network, four airports
BERLIN (Reuters) – Rail workers went on strike across Germany on Friday, mostly bringing national operator Deutsche Bahn’s services to…
Sri Lanka consumer inflation dips to 49.2% y/y in March
By Uditha Jayasinghe (Reuters) -Sri Lanka’s National Consumer Price Index (NCPI) eased to 49.2% year-on-year in March, after a 53.6%…
Credit squeeze ‘biggest threat’ to economic outlook, Fidelity International says
By Nell Mackenzie PARIS (Reuters) – The biggest threat to the economic outlook is a credit squeeze that has not…
Norway’s wealth fund posts $84 billion quarterly profit
OSLO (Reuters) -Norway’s $1.4 trillion sovereign wealth fund, one of the world’s largest investors, on Friday posted a 5.9% return…
Glencore copper output dips, expects strong trading profit
LONDON (Reuters) -Glencore on Friday reported lower copper, zinc and nickel production in the first quarter but said it expects…
North Korea criticises G7 over call for denuclearisation
By Hyonhee Shin SEOUL (Reuters) -North Korea’s position as a nuclear weapons state will remain an undeniable reality as it…
Holcim shrugs off interest rate fears to raise guidance
By John Revill ZURICH (Reuters) -Holcim AG shrugged off concerns about rising interest rates dampening building industry demand as the…
At Shanghai show, auto rivals lure drivers with in-car karaoke, crystal balls
By Casey Hall SHANGHAI (Reuters) – Automakers keen to make a splash at the Shanghai auto show showed off vehicles…