TOKYO (Reuters) – Vehicle demand in the United States is strong for the rest of the year but its economy…
China’s COVID scare ends chance of Beijing autoshow this year – organiser
SHANGHAI/BEIJING (Reuters) -The Beijing International Automobile Exhibition will not be held this year due to the COVID-19 situation in the…
Growth of Italian bank lending to firms slows down in September
MILAN (Reuters) – The growth of Italian bank lending to businesses slowed down in September, data from the Bank of…
King dollar commands surge in remittances
By Harish Sridharan (Reuters) – Seafarer Jhan Kharl Rodica recently returned home to Manila after an eight-month voyage and bought…
India’s Aurobindo Pharma says director arrested by Enforcement Directorate
BENGALURU (Reuters) – India’s federal financial crime agency has arrested P. Sarath Chandra Reddy, a director of Aurobindo Pharma Ltd,…
IMF agrees $4.5 billion Bangladesh support programme
By Marc Jones and Ruma Paul LONDON/DHAKA (Reuters) -The International Monetary Fund (IMF) provisionally agreed a $4.5-billion support programme on…
Fed’s Waller maintains skepticism on U.S. digital currency
(Reuters) – There is currently no credible case for the United States to develop an official digital version of the…
Pakistan to get $500 million from Asian Infrastructure Investment Bank for development program
ISLAMABAD (Reuters) – Pakistan will receive $500 million as co-financing for the BRACE development program from the Asian Infrastructure Investment…
Meta cuts 11,000 jobs as it sinks more money into the metaverse
By Aditya Soni and Nivedita Balu (Reuters) – Meta Platforms Inc said on Wednesday it would cut more than 11,000…
ECB to lend out more of its bonds to ease market squeeze
FRANKFURT (Reuters) – The European Central Bank has raised the amount of bonds it can lend against cash to 250…