By Kanishka Singh WASHINGTON (Reuters) -Swiss engineering and technology group ABB Ltd agreed to pay more than $315 million to…
Foxconn sees COVID-hit China plant back at full output in late Dec-early Jan -source
By Yimou Lee TAIPEI (Reuters) – Apple supplier Foxconn expects its COVID-hit Zhengzhou plant in China to resume full production around…
Investors bet China’s rally on easing COVID curbs will be furious but fleeting
By Jason Xue and Summer Zhen SHANGHAI/HONG KONG (Reuters) – Investors piling into China’s tourism, catering and beverage stocks as…
Euro zone likely heading into mild recession-PMI
LONDON (Reuters) – Euro zone business activity declined for a fifth month in November, suggesting the economy was sliding into…
France’s Le Maire starts talks on green subsidies for EU products under IRA law
PARIS (Reuters) -French Finance Minister Bruno Le Maire said on Monday he has started talks with his counterparts to see…
Komatsu CEO: no immediate plan to withdraw from Russia
TOKYO (Reuters) – Komatsu Ltd, the world’s second-largest construction machinery maker after Caterpillar Inc, has no immediate plan to withdraw…
Volkswagen to discuss new software roadmap on Dec. 15 -Handelsblatt
BERLIN (Reuters) – Volkswagen Chief Executive Oliver Blume will present a long-delayed new software strategy for the carmaker at a…
Take Five: Ready for that Santa rally?
(Reuters) – Swiss lender Credit Suisse faces a litmus test over its rights issue, just one several trials markets must…
China’s trade likely shrank further in November as external, local demand weakened: Reuters poll
BEIJING (Reuters) – China’s exports and imports likely contracted further in November due to weakening global demand, production disruptions and…
UK economy to shrink in 2023, risks ‘lost decade’: CBI
By David Milliken LONDON (Reuters) – Britain’s economy is on course to shrink 0.4% next year as inflation remains high…