(Reuters) – Tesla cut electric car prices in China and other Asian markets on Friday, part of efforts to stoke…
South African factory activity expands in December- Absa PMI
JOHANNESBURG (Reuters) – South African manufacturing activity expanded in December but business activity deteriorated further in the month due to…
Citigroup cuts U.S. stocks to ‘underweight’, favours European equities in 2023
(Reuters) – Citigroup analysts turned “underweight” on U.S. equities on recession fears but were bullish on European stocks, saying much…
Russian rouble advances vs dollar, euro in light holiday trade
(Reuters) – Russia’s rouble rose against the dollar and euro on Friday, as oil prices lifted during thin holiday trading.…
Take Five: Welcome to 2023
LONDON (Reuters) – A potential shift by the world’s most dovish major central bank, inflation pressures abating, a turn in…
China property shares firm on more policy support, easing curbs
By Clare Jim HONG KONG (Reuters) -Shares of Chinese property developers climbed on Friday, lifted by more state support for…
China says to stabilise, expand automotive industry consumption
(Reuters) – China will take steps to stablise and expand consumption in its automotive industry, a commerce ministry spokesperson said…
German industrial orders fall more than expected in November
BERLIN (Reuters) -German industrial orders saw their sharpest drop in more than a year in November on falling foreign demand,…
German retail sales rise 1.1% m/m in November
BERLIN (Reuters) – German retail sales rose in November, increasing by 1.1% compared with the previous month, data showed on…
McDonald’s Japan hikes prices for 3rd time in 10 months on surging costs
By Rocky Swift TOKYO (Reuters) – The Japanese operator of McDonald’s restaurants announced its third price hike in less than…