(Reuters) -Sweden-based Volvo Car AB said on Saturday it had taken 100% ownership of its autonomous driving (AD) software development…
Chinese manufacturing contracts sharply as COVID infections soar
BEIJING (Reuters) -China’s factory activity shrank at the sharpest pace since the pandemic first emerged nearly three years ago, after…
Taiwan to plough $12 billion in excess tax revenue back into economy in 2023
TAIPEI (Reuters) – Taiwan will plough an extra T$380 billion ($12.43 billion) in tax revenue back into the economy in…
ECB must stop quick wage growth from fuelling inflation, Lagarde says
FRANKFURT (Reuters) – Euro zone wages are growing quicker than earlier thought and the European Central Bank must prevent this…
Bulgaria expects fiscal deficit of 1% of GDP for 2022
SOFIA (Reuters) – Bulgaria expects to end 2022 with a fiscal deficit of 1.5 billion levs ($821.11 million), equal to…
BOJ considering raising inflation forecasts to near 2% target -Nikkei
(Reuters) -The Bank of Japan (BOJ) is considering raising its inflation forecasts in January to show price growth close to…
Analysis-Citgo may face new upheaval under Venezuela’s political changes
By Marianna Parraga HOUSTON (Reuters) – Oil refiner Citgo Petroleum could face supervisory board shakeups leading to a review of…
FTX says Bahamas regulators hold $296 million, not $3.5 billion of company’s assets
By Dietrich Knauth (Reuters) -FTX on Friday disputed claims by the Securities Commission of the Bahamas (SCB) that the regulator…
U.S. judge orders Norwegian Cruise Line to pay $110 million for use of Cuba port
By Brian Ellsworth MIAMI (Reuters) – Norwegian Cruise Line must pay $110 million in damages for use of a port…
U.S. review could delay or block Binance deal for Voyager Digital
By Dietrich Knauth (Reuters) – Binance’s $1 billion acquisition of bankrupt crypto lender Voyager Digital could be delayed or blocked…