A look at the day ahead in European and global markets from Ankur Banerjee Investors have hunkered down with their…
Biden blacklists China’s YMTC, crackdowns on AI chip sector
By Alexandra Alper WASHINGTON (Reuters) -The Biden administration on Thursday added Chinese memory chipmaker YMTC and 21 “major” Chinese players…
Electric vehicles confront the leap to the mass market
By Joseph White DETROIT (Reuters) – The past year was sobering for investors who poured money into Tesla Inc and…
Macron wants European response to U.S. IRA to amount to 2% of GDP
PARIS (Reuters) – French President Emmanuel Macron said on Thursday Europe needed an urgent response to the U.S. Inflation Reduction…
World Bank’s private arm launches $2 billion program to help Ukrainian businesses
By Andrea Shalal WASHINGTON (Reuters) – The World Bank’s private investment arm on Thursday said it had launched a $2…
Italian brake maker Brembo plans expansion in northern Mexico
MEXICO CITY (Reuters) – Italian premium brakes maker Brembo, which supplies Tesla, Ferrari and other car companies, plans to expand…
U.S. dollar gains sharply across the board as recession fears mount
By Gertrude Chavez-Dreyfuss and Karen Brettell NEW YORK (Reuters) – The U.S. dollar soared on Thursday, led by strong gains…
Stocks slump, greenback gains as central banks continue inflation battle
By Lawrence Delevingne (Reuters) -Global shares slumped on Thursday, while the U.S. dollar gained and Treasury yields ticked down, after…
Lanvin Group to open stores, hunt buys after U.S. SPAC listing
By Casey Hall SHANGHAI (Reuters) -Chinese luxury fashion conglomerate Lanvin Group, owner of the eponymous French fashion brand, said it…
Oil prices slid 2% as dollar firms and central banks hike interest rates
By Scott DiSavino NEW YORK (Reuters) -Oil prices slid about 2% on Thursday as traders worried about the fuel demand…