SHANGHAI (Reuters) -China Evergrande Group’s electric vehicle unit has suspended mass production of its only model due to a lack…
Germany pledges $86 million to Ghana for ‘critical sector’ development
ACCRA (Reuters) – Germany has pledged 82 million euros ($86 million) to Ghana in grants to support renewable energy and…
Irish domestic economy shrank in Q3 following Q2 investment boom
By Padraic Halpin DUBLIN (Reuters) -Ireland’s domestic economy shrank by 1.1% quarter-on-quarter from July to September, following the strong investment…
Global equity funds post biggest weekly outflow in six weeks
(Reuters) – Global equity funds recorded enormous outflows in the week ended on Nov. 30 as investors booked profits –…
Silicon Valley startup beaming electricity wirelessly raises $30 million
By Jane Lanhee Lee REDWOOD CITY, Calif. (Reuters) – Reach Power Inc, a Silicon Valley startup that beams electricity wirelessly,…
Crypto meltdown a boon for bankruptcy lawyers
By Andrew Goudsward (Reuters) – Turmoil in the cryptocurrency industry has rattled major exchanges and sent the value of digital…
Mexico to hike minimum wage by 20% in 2023, raising inflation worries
MEXICO CITY (Reuters) – Mexico will raise the minimum wage by 20% next year after employers, labor representatives and the…
Germany’s Scholz welcomes Biden’s openness to tweaking U.S. inflation act
BERLIN (Reuters) – German Chancellor Olaf Scholz welcomed comments by U.S. President Joe Biden that he is open to tweaking…
Marketmind: Why payrolls might not matter to markets
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe. It’s payrolls Friday, yet the most…
REUTERS NEXT: After FTX collapse, pressure builds for tougher crypto rules
(Reuters) – Regulators must step in to protect crypto investors after the collapse of FTX, financial industry executives and lawmakers…