By Stephanie Kelly NEW YORK (Reuters) -Oil prices edged higher on Tuesday, rebounding from an early fall of more than…
Global shares rise; Sterling rallies as dollar retreats
By Chris Prentice and Elizabeth Howcroft WASHINGTON/LONDON (Reuters) -Wall Street continued its advance on Tuesday as weak data stoked hopes…
Marketmind: This is the yuan
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever If investors are…
Rio Tinto reiterates $3.3 billion offer for Turquoise Hill after ISS recommends against deal
(Reuters) – Rio Tinto reiterated its offer to buy out Canadian miner Turquoise Hill Resources Ltd for $3.3 billion, a…
Stellantis CEO: Europe auto emissions standards a “diversion”
By Victoria Waldersee BERLIN (Reuters) -Uncertainty over the future of European regulation on auto emissions gives Chinese competitors already ahead…
Germany hashes out compromise to allow smaller stake China port deal
By Christian Kraemer and Andreas Rinke BERLIN (Reuters) -Germany may allow China’s Cosco to take a smaller stake than originally…
Hyundai says new U.S. EV plant could begin production in 2024, produce 500,000 vehicles annually
SAVANNAH, Georgia (Reuters) – Hyundai Motor Co global chief operating officer Jose Munoz on Tuesday said the automaker’s new $5.54…
Technology-sharing a sticking point as Renault, Nissan hash out reset, sources say
By Gilles Guillaume, Maki Shiraki and David Dolan PARIS/TOKYO (Reuters) -The sharing of technology has emerged as a sticking point…
Hyundai breaks ground on $5.5 billion U.S. EV, battery plant
By David Shepardson ELLABELL, Ga. (Reuters) – Hyundai Motor Co broke ground on a $5.54 billion electric vehicle (EV) and…
Chip shortage forces temporary closure of Volvo Cars factory – GP
STOCKHOLM (Reuters) – Swedish automaker Volvo Cars will temporary close one of its factories due to a chip shortage, the…