SHANGHAI/BEIJING (Reuters) – Major Chinese state-owned banks sold U.S. dollars in both onshore and offshore markets in late trade on…
Australia’s Coles flags climate challenge as floods push up inflation
By Byron Kaye and Harshita Swaminathan SYDNEY (Reuters) -Australian No. 2 grocer Coles Group Ltd flagged climate change as its…
U.S., EU launch formal group to discuss conflict over EV subsidies
By Trevor Hunnicutt WASHINGTON (Reuters) – U.S. and European Union officials will formally launch a task force next week to…
HSBC’s direction in question after Elhedery’s sprint to CEO contender
By Lawrence White, Sinead Cruise and Anshuman Daga LONDON/SINGAPORE (Reuters) -Georges Elhedery’s appointment as HSBC’s chief financial officer caps a…
Toyota slashes leasing fee for troubled EV to rekindle orders
TOKYO (Reuters) – Toyota Motor Corp resumed taking leasing orders for its first mass-produced electric vehicle (EV) in Japan on…
Global economy approaching a recession, central banks unchained – Reuters poll
By Hari Kishan BENGALURU (Reuters) – The global economy is approaching a recession as economists polled by Reuters once again…
Automakers to double spending on EVs, batteries to $1.2 trillion by 2030
By Paul Lienert (Reuters) -The world’s top automakers are planning to spend nearly $1.2 trillion through 2030 to develop and…
Oil prices rise on weaker dollar, supply worries
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…