By Xie Yu and Summer Zhen HONG KONG (Reuters) – Central banks will get inflation under control, but there will…
Marketmind: Downbeat on the downshift
A look at the day ahead in U.S. and global markets from Mike Dolan. The recent burst of stock market…
Big brands set to miss plastic sustainability targets
By Joe Brock SINGAPORE (Reuters) -Some of the world’s biggest consumer goods companies, including PepsiCo, Mars and Nestle, are almost…
Mitsubishi Motors says no decision yet on investing in Renault’s new EV unit
TOKYO (Reuters) – Mitsubishi Motors Corp, a junior partner in the Nissan Motor Co and Renault alliance, has not made…
Volvo Cars’ sales up 7% in October
STOCKHOLM (Reuters) – Sweden-based Volvo Car AB said on Wednesday its sales grew 7% year-on-year in October to 54,317 cars.…
Barclays builds up Asia business, sees growth in India and Australia
By Anshuman Daga and Yantoultra Ngui SINGAPORE (Reuters) – Barclays Plc, which recently made big investments in India and Australia…
Nomura calls quarterly profit unsatisfactory as market downturn bites
By Makiko Yamazaki TOKYO (Reuters) -Nomura Holdings Inc, Japan’s top brokerage and investment bank, said it was unhappy with its…
China COVID curbs exact wider business toll on Yum, EV maker Nio
SHANGHAI (Reuters) – Chinese electric vehicle maker NIO suspended production at its plants in the eastern city of Hefei as…
Geely’s Zeekr plans electric vehicle sales in Europe in 2023
SHANGHAI (Reuters) – Zhejiang Geely Holding Group’s premium electric car business plans to sell the first electric vehicle produced under…
Australia’s ‘Big Four’ banks lift home loan rates to match central bank move
(Reuters) – Australia’s ‘Big Four’ banks will raise their home loan rates by 25 basis points this month, they said…