(Reuters) – U.S. business activity contracted for a fourth straight month in October, with manufacturers and services firms in a…
Russia’s Rusal files London lawsuit against Potanin over Nornickel pact
MOSCOW (Reuters) -Rusal said on Monday it had filed a lawsuit in London alleging that Vladimir Potanin, CEO of Nornickel,…
Analysis-Xi’s next premier faces tough task reviving Chinese economy
By Kevin Yao BEIJING (Reuters) – China’s next premier, who will take office in March, will have few options but…
Atlantia’s big investors tender shares in Benetton, Blackstone bid – sources
MILAN (Reuters) – Atlantia’s long-term investors, Singapore sovereign fund GIC and Italian banking foundation CRT, have tendered their shares in…
Russia seen holding benchmark interest rate at 7.5% this week – Reuters poll
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – The Russian central bank is expected to hold its key interest…
Toyota to produce electric car powered by BYD batteries in China
BEIJING (Reuters) -Toyota Motor Corp announced on Monday the launch of a small electric sedan, which will be powered by…
Hyundai’s bright profit view clouded by U.S. EV concerns
By Heekyong Yang and Joyce Lee SEOUL (Reuters) – Hyundai Motor Co raised earnings guidance on Monday, buoyed by premium…
Japanese economic minister steps down over church links
By Kantaro Komiya and Elaine Lies TOKYO (Reuters) -Japan’s economic revitalisation minister stepped down on Monday after growing criticism of…
Credit Suisse to pay $234 million to end French tax probe
By Tangi Salaün PARIS (Reuters) -Credit Suisse agreed to pay France 238 million euros ($234 million) to settle a tax…
U.N. seeks ‘urgent’ steps to relieve backlog in Black Sea exports deal
ISTANBUL (Reuters) -A U.N spokesperson said on Monday that “urgent” steps are needed to relieve a backlog of more than…