A look at the day ahead in European and global markets from Tom Westbrook A vintage performance from skipper Lionel…
Mercedes-Benz gears up powertrain network for EVs from 2024
BERLIN (Reuters) – Mercedes-Benz laid out on Wednesday an over 1 billion-euro ($1.06 billion) plan to adapt its global production…
U.S. to add over 30 Chinese companies to trade blacklist -Bloomberg News
(Reuters) – The Biden administration plans to place Chinese chip maker Yangtze Memory Technologies (YMTC) and 35 other Chinese firms…
New Zealand forecasts recession next year but a narrower budget deficit
By Lucy Craymer and Alasdair Pal WELLINGTON (Reuters) – New Zealand’s government on Wednesday forecast the country would enter a…
Thai rate hikes to be gradual and measured – central bank minutes
(Corrects to add central bank as source of forecast in paragraph 6) BANGKOK (Reuters) -Thailand’s rate committee raised its key…
Exclusive-China readying $143 billion package for its chip firms in face of U.S. curbs -sources
By Julie Zhu HONG KONG (Reuters) -China is working on a more than 1 trillion yuan ($143 billion) support package…
Exclusive-How a secret software change allowed FTX to use client money
By Angus Berwick, John Shiffman and Koh Gui Qing (Reuters) – In mid-2020, FTX’s chief engineer made a secret change…
CSX revamps attendance policy as railroad unions push back on sick time
By Lisa Baertlein and Rod Nickel (Reuters) -Rail operator CSX Corp is changing its workforce attendance policy for unexpected, short-term…
Illumina defends $7.1 billion Grail buy to fend off antitrust regulators
By Diane Bartz WASHINGTON (Reuters) – U.S. life sciences company Illumina Inc on Tuesday defended its $7.1 billion acquisition of…
FTX founder Bankman-Fried’s bail denial could increase chance of extradition
By Jack Queen (Reuters) – FTX founder Sam Bankman-Fried’s failure to secure release on bail in the Bahamas on Tuesday…