A look at the day ahead in U.S. and global markets from Mike Dolan. Wall St shivered after this week’s…
Russian carmaker Sollers to buy out Mazda’s stake in Vladivostok plant
MOSCOW (Reuters) -Russian carmaker Sollers will buy out Japanese auto maker Mazda’s 50% stake in their joint venture car assembly…
Indian Oil offers first diesel export since mid-Sept – sources
SINGAPORE (Reuters) – Indian Oil Corp has offered one diesel cargo to be loaded in early December, its first export…
Chinese EV maker Nio posts bigger quarterly loss, sees higher deliveries
(Reuters) -Chinese electric automaker Nio Inc on Thursday reported a bigger quarterly loss due to a jump in costs, and…
Mazda says demand is strong but expects slowdown in U.S. from next spring
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…
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,…
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…
Japan’s Skymark Airlines plans to buy Boeing’s 737 MAX Airplanes
(Reuters) – Boeing said on Thursday that Japan’s Skymark Airlines plans to add up to 12 737 MAX airplanes to…