By Heekyong Yang and Hyunsu Yim SEOUL (Reuters) -South Korea’s Hyundai Motor Co and affiliate Kia Corp forecast on Tuesday…
Canada factory sector posts longest slowdown in 7 years
TORONTO (Reuters) – Canadian manufacturing activity contracted at a slightly faster rate in December as an uncertain economic outlook and…
German inflation slows in December on one-off energy payment
By Miranda Murray BERLIN (Reuters) -German inflation eased for a second month in a row in December due to falling…
Shopify launches new subscription product to lure big retail clients
(Reuters) – Shopify Technologies Inc on Tuesday launched a new service aimed at big retailers that will allow them to…
TikTok-owner ByteDance cuts hundreds of jobs in China – SCMP
(Reuters) – ByteDance, the Chinese parent company of video app TikTok, has laid off hundreds of employees across multiple departments…
Startups spring from ashes of Big Tech purge
By Supantha Mukherjee, Martin Coulter and Krystal Hu (Reuters) – Nic Szerman lost his job at Meta Platforms in November,…
SpaceX to raise $750 million at $137 billion valuation – CNBC
(Reuters) – Elon Musk’s SpaceX is raising $750 million in a new round of funding that values the rocket and…
Morning Bid: The year of the yen?
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe, Editor, Financial Markets EMEA, Thomson Reuters.…
Spain’s December jobless falls to 15-year low
(Reuters) -The number of people registering as jobless in Spain fell slightly in December from a month earlier, ending 2022…
China’s holiday home sales rise 27.1% y/y – private survey
BEIJING (Reuters) – Chinese new-home sales rose more than 20% year-on-year over the three-day New Year holiday starting from Dec.…