(Reuters) – Uber Technologies Inc and self-driving technology company Aurora Innovation Inc will expand their driverless pilot program in Texas…
White House welcomes EU progress on Russian oil price cap
WASHINGTON (Reuters) -The White House on Friday welcomed news that the European Union was “coming together” on a $60 per…
Global central banks extend rate hike push in November
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of rate hikes delivered by central banks…
Credit fund outflows in 2022 unwind last year’s inflows -BofA
By Chiara Elisei and Dhara Ranasinghe LONDON (Reuters) – Investors have withdrawn $316 billion from credit funds this year, unwinding…
Evergrande’s EV unit suspends mass production due to lack of orders -sources
SHANGHAI (Reuters) -China Evergrande Group’s electric vehicle unit has suspended mass production of its only model due to a lack…
Marketmind: Why payrolls might not matter to markets
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe. It’s payrolls Friday, yet the most…
Exclusive-China’s top banks to issue offshore loans to help developers repay debt -sources
By Julie Zhu, Engen Tham and Jing Xu HONG KONG/SHANGHAI/BEIJING (Reuters) -China has ordered its top four state-owned banks to…
Up, down, up again: Japan’s soccer-related stocks mirror Samurai Blue’s performance
By Nobuyo Saito TOKYO (Reuters) – Japanese shares of soccer-related companies had a good day on Friday as they mirrored…
Analysis-As economy stutters, China’s youth seek safety of civil service
By Eduardo Baptista BEIJING (Reuters) – As a physics student at the elite Peking University in Beijing, Lynn Lau was…
Analysts upgrade China’s 2023 earnings projections on reopening hopes
By Patturaja Murugaboopathy and Chi Xue (Reuters) – Analysts have upgraded forecasts for Chinese corporate earnings in 2023, on expectations…