By Laila Kearney NEW YORK (Reuters) -Oil settled lower in choppy trade on Monday as data showing demand from China…
Exclusive-Toyota scrambles for EV reboot with eye on Tesla
By Norihiko Shirouzu (Reuters) – Toyota is considering a reboot of its electric-car strategy to better compete in a booming…
UK finance minister Hunt: ‘Time for honesty’ about economic challenges
LONDON (Reuters) – British finance minister Jeremy Hunt said on Monday it was time for “honesty” about the economic challenges…
Euro zone October PMI adds to evidence bloc is heading for recession
By Jonathan Cable LONDON (Reuters) -The euro zone is likely entering a recession with business activity contracting at the fastest…
Meta shareholder wants Facebook parent to cut jobs, spending
(Reuters) -Facebook-parent Meta Platforms Inc needs to streamline by cutting jobs and capital expenditure, its shareholder Altimeter Capital Management said…
Yellen taking steps to enhance Treasury market, boost funds resilience
By David Lawder (Reuters) -The U.S. Treasury is taking steps to strengthen the resilience of the Treasury debt market and…
European stocks rise on hopes of Fed pause; eyes on ECB meeting
By Sruthi Shankar and Devik Jain (Reuters) -European shares rose on Monday on hopes the Federal Reserve could slow its…
Vietnam central bank to raise policy rates by 100 bps to fight inflation
By Khanh Vu and Phuong Nguyen HANOI (Reuters) -Vietnam’s central bank on Monday said it would raise its policy rates…
Cotton exporter Benin developing home-grown textile industry
By Pulcherie Adjoha GLO-DJIGBE, Benin (Reuters) – On a large factory floor in southwestern Benin, dozens of young people cut,…
Tesla cuts China prices by up to 9% as analysts warn of ‘price war’
SHANGHAI (Reuters) – Tesla has cut starter prices for its Model 3 and Model Y cars by as much as…