SHANGHAI (Reuters) – Standard Chartered Plc’s China unit said it had become the first foreign bank to trade treasury bond…
Biggest hedge funds will keep lion’s share of customers in 2023, data shows
By Nell Mackenzie (Reuters) – The top 5% of the world’s hedge fund managers are set to take 80-90% of…
European shares dip as media stocks slide, Fed worries resurface
By Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) -European shares slipped on Thursday as media stocks were weighed by declines…
Airbus delivered unaudited total of 663 jets in 2022 – sources
(Reuters) – Airbus provisionally delivered as many as 663 aircraft in 2022, industry sources said on Thursday. The tentative score…
China has a 10,000 euro cost advantage in small EVs, auto supplier says
By Joseph White LAS VEGAS (Reuters) – Chinese automakers can build an electric vehicle (EV) for 10,000 euros ($10,618) less…
Factbox-Why are tech firms leading job cuts in Corporate America?
(Reuters) – Big Tech firms are leading a string of layoffs across corporate America as companies look to rein in…
Ukraine suffers biggest economic fall in independent era due to war
By Olena Harmash KYIV (Reuters) -Ukraine suffered its sharpest economic decline in over 30 years in 2022 because of the…
Continental partners with AI chip firm Ambarella on autonomous driving
BERLIN (Reuters) – Germany’s Continental and California-based artificial intelligence chip firm Ambarella announced a partnership on Thursday to make software…
Morning Bid: Rate cut talk, already!
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe Forget peak U.S. interest rates for…
Volvo Cars’ sales rise in December, but down for 2022 amid supply chain headwinds
STOCKHOLM (Reuters) -Sweden-based Volvo Cars said on Thursday its car sales grew in December but fell for the full year…