By Sarah Wu and Yimou Lee TAIPEI (Reuters) -Taiwan’s Foxconn, the world’s largest contract electronics maker, said on Thursday output…
Intel’s Mobileye sees $17 billion in assisted-driving product revenues by 2030
(Reuters) -Intel Corp’s self-driving tech unit Mobileye Global Inc said on Thursday it sees more than $17 billion in revenues…
U.S. trade deficit shrinks sharply as imports tumble
WASHINGTON (Reuters) – The U.S. trade deficit contracted by the most in nearly 14 years in November as slowing domestic…
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…
India’s FY24 growth to dip to 5.5% from 6.8% in FY23 – HSBC economist
MUMBAI (Reuters) – India’s economy is expected to grow 5.5% in the next financial year, a notch below the expected…
Walmart paid most of $1 billion tax for PhonePe shifting base to India
By Nandan Mandayam BENGALURU (Reuters) – Walmart Inc late on Wednesday confirmed that it had already paid the Indian government…
UK equity funds saw record $10 billion outflows in 2022-Calastone
LONDON (Reuters) – Investors sold a record 8.38 billion pounds ($10 billion) worth of UK-focused equity funds last year, shunning…
As travel resumes, China’s luxury shoppers ask: Paris or Hainan?
By Casey Hall SHANGHAI (Reuters) – An end to China’s travel curbs this month is expected to revive demand in…
U.S. inflation has not ‘turned the corner yet’, IMF’s Gopinath warns -FT
(Reuters) -Inflation in the United States has not “turned the corner yet” and it is too early for the Federal…
Inflation drives Britain’s record Christmas grocery sales
By James Davey LONDON (Reuters) – British grocery sales rose 9.4% to a record 12.8 billion pounds ($15.3 billion) in…