By Herbert Lash NEW YORK (Reuters) -Global stock markets rallied and the dollar strengthened on Thursday after a slew of…
Dollar higher as strong U.S. data backs a hawkish Fed
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar edged higher against the euro on Thursday after data showed…
Sony’s gaming chief met EU’s Vestager on Microsoft’s Activision deal -source
By Foo Yun Chee BRUSSELS (Reuters) – Sony’s gaming chief Jim Ryan met EU antitrust chief Margrethe Vestager on Wednesday…
Lexus chief to take over Toyota as founder’s grandson steps down
By Makiko Yamazaki and Kevin Krolicki TOKYO (Reuters) – Toyota’s chief executive will step down as head of the company…
China’s luxury shoppers free to travel, but many buy locally
By Alessandro Diviggiano SANYA, China (Reuters) – China’s scrapping of travel curbs this month is expected to revive demand in…
For automakers, the EV surge is everything everywhere all at once
By Joseph White DETROIT (Reuters) – The surprise leadership shuffle on Thursday at Toyota Motor Corp, renewed urgency at Renault…
Pakistani rupee plummets as markets adjust to removal of unofficial controls
By Ariba Shahid and Asif Shahzad KARACHI, Pakistan (Reuters) -The Pakistani rupee fell 9.6% against the dollar on Thursday, central…
China’s open borders and push to stoke economy may revive dealmaking, advisers say
By Scott Murdoch, Yantoultra Ngui and Roxanne Liu SYDNEY/SINGAPORE (Reuters) – China’s reopened borders and renewed focus on boosting the…
Turkish central bank to provide support to firms that convert forex from abroad
ISTANBUL (Reuters) -Turkey’s central bank said on Thursday it would provide foreign exchange conversion support to companies that bring in…
Elevator-maker Kone to axe 1,000 jobs, sees recovery in Asia
By Anne Kauranen HELSINKI (Reuters) – Finnish elevator-maker Kone said on Thursday it would slash up to 1,000 jobs globally…