By Sophie Yu and Norihiko Shirouzu BEIJING (Reuters) -China staged a low-key but historic debut of its C919 civil jet…
IMF, Kenya reach staff level agreement on lending programme
NAIROBI (Reuters) -The International Monetary Fund and Kenya have reached a staff-level agreement after its fourth review of its lending…
Brazil’s auto production down slightly in October
SAO PAULO (Reuters) – Brazil’s auto industry production fell 0.8% in October from the previous month, totaling 206,000 units, data…
More trouble in Shale City: U.S. oil gains slow, costs rise
By Arathy Somasekhar and Liz Hampton (Reuters) -Rising costs and shortages of labor and materials have plagued U.S. shale oil…
COP27 – Corporate climate pledges rife with greenwashing – U.N. expert group
By Gloria Dickie and Simon Jessop SHARM EL-SHEIKH, Egypt (Reuters) -Promises by companies, banks and cities to achieve net-zero emissions…
Crypto exchange Binance plans to acquire major rival FTX
By Hannah Lang and Tom Wilson WASHINGTON/LONDON (Reuters) -Binance, the world’s largest cryptocurrency exchange, has signed a nonbinding agreement to…
Foxconn to become biggest shareholder in Lordstown Motors with up to $170 million investment
(Corrects paragraph 2 to say Foxconn’s expected ownership of Lordstown at completion will be 18.3% and not 19.3%) (Reuters) –…
EU wants broader rules on companies’ market power, focus on tech
By Foo Yun Chee BRUSSELS (Reuters) – EU regulators want broader rules defining companies’ market power, with more weight given…
Gap to sell Greater China units to e-commerce firm Baozun
BEIJING (Reuters) – U.S. apparel retailer Gap Inc has agreed to sell its Greater China businesses to Baozun Inc, the…
Germany’s economic council less pessimistic than govt on looming recession -Source
BERLIN (Reuters) -Germany will not face as severe a recession next year as currently predicted by the government, according to…