WASHINGTON (Reuters) -Penguin Random House, the world’s largest book publisher, and smaller U.S. rival Simon & Schuster have scrapped a…
Goldman Sachs says U.S., Europe could end reliance on Chinese EV batteries by 2030 -FT
(Reuters) – The United States and Europe could cut their dependence on China for electric vehicle batteries through more than…
Debt-laden China Evergrande gives back land sites to Wuhan city
HONG KONG (Reuters) – A Chinese municipal district said it had taken back 134,500 hectares (332.4 acres) of land formerly…
Disney brings back Bob Iger as CEO in surprise move to boost growth
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) – Bob Iger is returning to Walt Disney Co as chief…
Carlyle sees big in Japan auto industry as EV shift shakes supply chains
By Makiko Yamazaki TOKYO (Reuters) – U.S. private equity firm Carlyle Group Inc aims to enlarge its footprint in the…
Japan finance minister calls for permanent funding sources for defense budget
TOKYO (Reuters) – Japan must secure permanent financing sources to increase defense spending by reviewing revenue and expenditure, and further…
RBNZ set to deliver biggest rate hike ever as it eyes three month break
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank is expected to deliver its biggest ever rate point hike…
‘It’s over’: Twitter France’s head quits amid layoffs
PARIS (Reuters) -Twitter Inc’s head of French operations, Damien Viel, said he was quitting the social media platform, whose new…
Bank of Korea to hike rates a modest 25bps on Nov 24 as growth slows- Reuters poll
By Devayani Sathyan and Anant Chandak BENGALURU (Reuters) – South Korea’s central bank will scale back its tightening pace on…
Global stocks, oil prices slip as rising COVID cases prompt Chinese lockdowns
By Chibuike Oguh NEW YORK (Reuters) -Global stocks and oil prices slipped on Monday as a spike in COVID-19 cases…