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China’s largest auto show showcases all-electric future, local brands dominate

China’s largest auto show showcases all-electric future, local brands dominate

By Kevin Krolicki, Zoey Zhang, Sarah Wu and Qiaoyi Li BEIJING (Reuters) – China’s largest auto show opened in Beijing on ..

Unilever beats quarterly sales growth forecasts

Unilever beats quarterly sales growth forecasts

Unilever beats quarterly sales growth forecasts (Reuters) -Unilever’s first-quarter sales grew by a better than expected 4.4%, i..

Chinese EV battery maker CATL unveils LFP battery with 1,000 km range

Chinese EV battery maker CATL unveils LFP battery with 1,000 km range

BEIJING (Reuters) – Chinese electric vehicle (EV) battery maker CATL on Thursday unveiled a lithium iron phosphate (LFP) batter..

Sanofi profit slips on generic competition and currency effects

Sanofi profit slips on generic competition and currency effects

Sanofi profit slips on generic competition and currency effects By Ludwig Burger (Reuters) -Sanofi’s first-quarter operating inc..

Polish central bank reports loss of $5 billion dollars in 2023

Polish central bank reports loss of $5 billion dollars in 2023

Polish central bank reports loss of $5 billion dollars in 2023 WARSAW (Reuters) – The National Bank of Poland (NBP) made a loss ..

Maersk could offer limited Baltimore barge service

Maersk could offer limited Baltimore barge service

Maersk could offer limited Baltimore barge service COPENHAGEN (Reuters) – Denmark’s Maersk may resume some shipping servic..

Telecoms firm Orange slips on drop in French broadband customers

Telecoms firm Orange slips on drop in French broadband customers

By Diana Mandia (Reuters) -French telecoms operator Orange reported on Wednesday a drop in first-quarter fixed broadband customers in..

Spain sees US-style economic boost from immigrant workers

Spain sees US-style economic boost from immigrant workers

Spain sees US-style economic boost from immigrant workers By Belén Carreño MADRID (Reuters) – Achieving her career ambitions in ..

Orsted says Taiwan wind project to power TSMC on track for 2025 finish

Orsted says Taiwan wind project to power TSMC on track for 2025 finish

TAIPEI (Reuters) – Denmark’s Orsted, the world’s biggest offshore wind farm developer, said on Wednesday a project ..

Standard Chartered lowers Vietnam 2024 growth forecast to 6.0%

Standard Chartered lowers Vietnam 2024 growth forecast to 6.0%

HANOI (Reuters) – Standard Chartered has cut its forecast for Vietnam’s economic growth this year to 6.0% from 6.7%, the ..

Australia Q1 inflation slowdown disappoints, rate cut bets gone

Australia Q1 inflation slowdown disappoints, rate cut bets gone

Australia Q1 inflation slowdown disappoints, rate cut bets gone By Stella Qiu SYDNEY (Reuters) -Australian consumer price inflation sl..

Global equity market-neutral hedge funds shine

Global equity market-neutral hedge funds shine

Global equity market-neutral hedge funds shine By Patturaja Murugaboopathy (Reuters) – Global equity market-neutral hedge funds ..

Electric car sales to rise but affordability in focus, IEA says

Electric car sales to rise but affordability in focus, IEA says

By Noah Browning LONDON (Reuters) – Electric car sales will rise strongly in 2024 and increasingly undercut oil demand, the Int..

Renault says new models to lift 2024 sales, confirms profit outlook

Renault says new models to lift 2024 sales, confirms profit outlook

Renault says new models to lift 2024 sales, confirms profit outlook By Gilles Guillaume PARIS (Reuters) -Renault expects its sales gro..

Russian ministry sees 2024 GDP at 2.8%, but with higher inflation, weaker rouble

Russian ministry sees 2024 GDP at 2.8%, but with higher inflation, weaker rouble

Russian ministry sees 2024 GDP at 2.8%, but with higher inflation, weaker rouble (Reuters) – Russia’s economy ministry imp..

Euro at highest to yen since 2008, markets nervy over Toyko stepping in

Euro at highest to yen since 2008, markets nervy over Toyko stepping in

Euro at highest to yen since 2008, markets nervy over Toyko stepping in By Brigid Riley and Alun John TOKYO/LONDON (Reuters) -The yen ..

Prince William and wife Kate thank public for birthday messages for son Louis

Prince William and wife Kate thank public for birthday messages for son Louis

LONDON (Reuters) – Britain’s Prince William and his wife Kate thanked the public for their messages which had been sent t..

Oil falls back after robust EU data as Mideast tensions linger

Oil falls back after robust EU data as Mideast tensions linger

By Deep Kaushik Vakil (Reuters) -Oil prices slipped on Tuesday after a short-lived boost from stronger economic data out of Europe as..

Stocks gear up for Big Tech earnings; yen sits near danger zone

Stocks gear up for Big Tech earnings; yen sits near danger zone

By Amanda Cooper LONDON (Reuters) – Global shares rose on Tuesday, driven by a recovery on Wall Street, where investors focus o..

Italy’s Lavazza launches bid to take machine vendor IVS private

Italy’s Lavazza launches bid to take machine vendor IVS private

Italy’s Lavazza launches bid to take machine vendor IVS private MILAN (Reuters) -Italian coffee maker Lavazza on Tuesday said it..

Japan’s 7-Eleven convenience chain targets aggressive global growth

Japan’s 7-Eleven convenience chain targets aggressive global growth

Japan’s 7-Eleven convenience chain targets aggressive global growth TOKYO (Reuters) – Japanese retail giant Seven & i ..

Golden Goose’s net revenues up 12% in first quarter

Golden Goose’s net revenues up 12% in first quarter

Golden Goose’s net revenues up 12% in first quarter MILAN (Reuters) – Italy’s Golden Goose said on Tuesday its net r..

Bank of England looks to shine a light on private equity leverage

Bank of England looks to shine a light on private equity leverage

Bank of England looks to shine a light on private equity leverage By Huw Jones LONDON (Reuters) – Regulators need to shine a l..

Dollar firm as US rates and earnings take center stage

Dollar firm as US rates and earnings take center stage

By Alden Bentley and Amanda Cooper NEW YORK/LONDON (Reuters) -The dollar ticked higher against the euro and yen in subdued trade afte..

Equities gain, gold drops as fears of wider Middle East conflict ease

Equities gain, gold drops as fears of wider Middle East conflict ease

By Chris Prentice and Alun John NEW YORK/LONDON (Reuters) -Investors scaled back safe-haven bets on Monday as worries over a wider Mi..

World’s workers increasingly at risk as climate changes, ILO says

World’s workers increasingly at risk as climate changes, ILO says

By Emma Farge GENEVA (Reuters) -More than 70% of the global workforce is exposed to risks linked to climate change that cause hundred..

Hedge fund borrowing hits five-year peak, Goldman Sachs says

Hedge fund borrowing hits five-year peak, Goldman Sachs says

Hedge fund borrowing hits five-year peak, Goldman Sachs says By Nell Mackenzie LONDON (Reuters) – Global hedge fund borrowing ro..

After VW plant victory, UAW sets its sights on Mercedes in Alabama

After VW plant victory, UAW sets its sights on Mercedes in Alabama

By Nora Eckert CHATTANOOGA, Tennessee (Reuters) – The United Auto Workers has made history by winning its first unionization vo..

London shares rebound as fears of wider Middle East conflict ebb

London shares rebound as fears of wider Middle East conflict ebb

London shares rebound as fears of wider Middle East conflict ebb By Pranav Kashyap and Shubham Batra (Reuters) -London stocks gained 1..

UK’s struggling Thames Water proposes spending more on environmental improvements

UK’s struggling Thames Water proposes spending more on environmental improvements

UK’s struggling Thames Water proposes spending more on environmental improvements By Sarah Young LONDON (Reuters) -Britain’..

Automakers hope for a cut as two-way EV charging becomes real

Automakers hope for a cut as two-way EV charging becomes real

Automakers hope for a cut as two-way EV charging becomes real By Nick Carey and Victoria Waldersee LONDON (Reuters) – Automakers..

UK supermarket Asda says 2023 underlying profit up 24%

UK supermarket Asda says 2023 underlying profit up 24%

UK supermarket Asda says 2023 underlying profit up 24% LONDON (Reuters) – Asda, Britain’s third biggest supermarket group,..

Scotland ditches 2030 climate target to cut emissions by 75%

Scotland ditches 2030 climate target to cut emissions by 75%

Scotland ditches 2030 climate target to cut emissions by 75% By William James LONDON (Reuters) -Scotland on Thursday scrapped its targ..

Meta releases early versions of its Llama 3 AI model

Meta releases early versions of its Llama 3 AI model

Meta releases early versions of its Llama 3 AI model NEW YORK (Reuters) – Meta Platforms on Thursday released early versions of ..

Industrials boost STOXX 600 as earnings season rolls in

Industrials boost STOXX 600 as earnings season rolls in

Industrials boost STOXX 600 as earnings season rolls in By Ozan Ergenay, Johann M Cherian and Ankika Biswas (Reuters) -European shares..

Factbox-What to expect in 2024: Forecasts for GDP, inflation and other assets

Factbox-What to expect in 2024: Forecasts for GDP, inflation and other assets

Factbox-What to expect in 2024: Forecasts for GDP, inflation and other assets (Reuters) -Global growth will likely slow this year and ..

ABB more confident about 2024 despite China slowdown

ABB more confident about 2024 despite China slowdown

ABB more confident about 2024 despite China slowdown By John Revill ZURICH (Reuters) -ABB expects faster revenue growth in the coming ..