By Pablo Mayo Cerqueiro and Chiara Elisei LONDON (Reuters) – European firms are selling debt that can be converted into…
Russians switch to used cars as sanctions pummel auto sector
By Gleb Stolyarov and Alexander Marrow MOSCOW (Reuters) – Spending on new cars in Russia more than halved last year…
How sanctions complicated day-to-day banking for Russians
By Alexander Marrow and Elena Fabrichnaya MOSCOW (Reuters) – Financial sanctions against Russia have strangled its banks’ profits and wrecked…
VR firm Pico, owned by Chinese TikTok maker ByteDance, announces ‘small’ layoffs
By Josh Ye HONG KONG (Reuters) – Pico, a virtual reality (VR) headset manufacturer owned by TikTok’s Chinese developer ByteDance,…
Marketmind: When doves cry
A look at the day ahead in European and global markets from Ankur Banerjee Investors are feeling the heat as…
Musk shuts two Twitter India offices, Bloomberg News reports
(Reuters) – Twitter Inc has closed two of its three offices in India, Bloomberg News reported on Friday, citing people…
Rural recovery may drive next bout of India inflation, HSBC economists
MUMBAI (Reuters) – The Indian economy could see another bout of inflation as the rural demand revives and the informal…
YouTube CEO Wojcicki, one of the first Google employees, steps down
(Reuters) -YouTube Chief Executive and one of the first Google employees, Susan Wojcicki, is stepping down from her role at…
Australia’s central bank says more rate pain needed to tame inflation
By Stella Qiu SYDNEY (Reuters) -Australia’s top central banker again projected further interest rate rises in coming months and said…
Tesla says it laid off 4% New York employees before union campaign
(Reuters) -Tesla Inc said on Wednesday it laid off 4% of the employees in the Autopilot labeling team in Buffalo…