BERLIN (Reuters) – Germany must reduce its dependence on China gradually as decoupling from the Chinese market would costs jobs…
Yellen says setting price caps on Russian refined oil products ‘complicated’
By Andrea Shalal DAKAR (Reuters) – Western countries are working to structure price caps on Russian refined petroleum products to…
Failure to cut debt burden of some countries could hamper growth, spark conflict – Yellen
DAKAR (Reuters) – U.S. Treasury Secretary Janet Yellen on Saturday underscored the urgent need to reduce the debt burden of…
India’s Adani Group plans to demerge more business; dismisses debt concerns
By Sriram Mani MUMBAI (Reuters) – India’s Adani Group, which is controlled by billionaire Gautam Adani, said it plans to…
Amazon’s AWS to invest $35 billion in Virginia
By David Shepardson WASHINGTON (Reuters) -Amazon.com Inc’s cloud services division said Friday it plans to invest another $35 billion by…
South Korean exports fall 2.7% in Jan 1-20 period
SEOUL (Reuters) – South Korea’s exports for the first 20 days of January fell 2.7% from a year earlier, but…
Unions press Biden administration to not change EV tax credit rules
By David Shepardson WASHINGTON (Reuters) – Major unions and public interest and environmental groups are urging President Joe Biden to…
Dollar ends up vs yen, as super easy BOJ policy seems here for a while
By Alden Bentley and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Profit taking dampened a dollar surge against the yen on…
Stocks rally with Netflix; dollar jumps vs yen after BOJ governor remarks
By Caroline Valetkevitch NEW YORK (Reuters) – Global equity indexes rose sharply on Friday, with Wall Street rallying after a…
ABB sells its power conversion division for $505 million
ZURICH (Reuters) -ABB has sold its U.S.-based power conversion business to AcBel Polytech Inc for $505 million, the Swiss engineering…