By Archishma Iyer (Reuters) – Bullish bets on the Thai baht and Chinese yuan hit five-year highs as China’s sharp…
Germany should diversify its trade partners, economic adviser says
BERLIN (Reuters) – Germany needs to diversify its international business partners and focus on new regions of the world, the…
India’s coal imports directive to power plants a precautionary step – official
NEW DELHI (Reuters) – India’s recent coal imports directive to power plants was a precautionary measure as the country is…
Disney, activist investor Peltz gird for fight over board seat
By Svea Herbst-Bayliss, Uday Sampath Kumar and Yuvraj Malik NEW YORK (Reuters) -Walt Disney Co and billionaire Nelson Peltz are…
China expects annual production capacity of C919 planes to reach 150 in 5 years
BEIJING (Reuters) -China expects to reach annual production capacity of 150 domestically-produced C919 planes in five years, government-backed media The…
Swiss Six exchange opens probe into Clariant whistleblower case
BERLIN (Reuters) – Switzerland’s Six stock exchange on Thursday opened an investigation into Clariant over the possible disclosure of price-sensitive…
Lighting maker Signify cuts 2022 outlook again on China, business lighting
(Reuters) -Signify NV, the world’s biggest maker of lights, on Thursday again cut its full-year 2022 profit margin and sales…
Tesco boss says inflation may not have peaked ‘just yet’
LONDON (Reuters) -The chief executive of British retailer Tesco, Ken Murphy, said on Thursday that inflation may have not peaked…
Mercedes to drop EQ product brand -Handelsblatt
BERLIN (Reuters) -Mercedes-Benz is set to drop the EQ product brand for battery-electric cars as soon as the next generation…
Uniqlo parent says profit slid 2% as Japan, China drag growth
By Rocky Swift TOKYO (Reuters) -Japan’s Fast Retailing Co, owner of clothing brand Uniqlo, said on Thursday that first quarter…