(Reuters) -Apple Inc is set to sign up Chinese contract manufacturer Luxshare Precision Industry Co Ltd to produce premium iPhone…
Renault’s new venture to limit use of IP developed by Renault and Nissan -Nikkei
(Reuters) -Japanese automaker Nissan Motor Co and French automaker Renault SA have agreed to restrict the use of the intellectual…
Oil falls more than 5% on global economy worry, China COVID cases
By Laila Kearney NEW YORK (Reuters) -Oil fell by more than $4 a barrel on Wednesday, posting the steepest percentage…
Stocks, bonds jump as investors shrug off hawkish Fed minutes
By Koh Gui Qing NEW YORK (Reuters) -Global stocks and bonds closed higher on Wednesday on cautious optimism about the…
Dollar holds losses as Fed minutes fail to surprise
By Karen Brettell NEW YORK (Reuters) – The U.S. dollar held at lower levels on Wednesday after minutes from the…
U.S. poised to regain crown as world’s top LNG exporter
By Scott DiSavino NEW YORK (Reuters) – The United States is on track to become the world’s biggest exporter of…
Oil dives 4%, trade choppy on worries about China, global economy
By Arathy Somasekhar HOUSTON (Reuters) – Oil prices tumbled 4% in volatile trade on Tuesday, pressured by weak demand data…
Moderna snaps up Japan’s OriCiro Genomics in mRNA manufacturing push
(Reuters) -Moderna Inc on Wednesday agreed to buy Japan-based OriCiro Genomics for $85 million to boost the U.S. drugmaker’s messenger…
Global hedge funds plan 2023 around inflation risk
By Carolina Mandl, Nell Mackenzie and Summer Zhen NEW YORK/LONDON/HONG KONG (Reuters) – Having weathered a dire 2022, many global…
Toyota’s 2022 U.S. auto sales down 9.6% on part shortages
(Reuters) – Toyota Motor Corp on Wednesday posted a 9.6% fall in its 2022 U.S. new vehicle sales as a…