SEOUL (Reuters) -South Korea’s Hyundai Motor Co said on Tuesday it has set its 2023 global sales target at 4.32 million vehicles, up about 8% from its 2022 target of 4.01 million vehicles. The S[...]
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January 3, 2023
Exclusive-Tesla makes China boss highest-profile executive after Musk
(Reuters) -Tesla Inc’s China chief Tom Zhu has been promoted to take direct oversight of the electric carmaker’s U.S. assembly plants as well as sales operations in North America and Europe, acc[...]
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Marketmind: Making waves
A look at the day ahead in European and global markets from Tom Westbrook The first trading day for most major markets in Asia was a choppy one, as investors grappled with the contradictory implicatio[...]
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Evergrande chairman says 2023 crucial for home delivery, debt repayment
HONG KONG (Reuters) – This will be a “crucial year” for China Evergrande Group to fulfil home delivery to buyers, company Chairman Hui Ka Yan said in a letter to employees on New Yea[...]
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Winklevoss says crypto broker Genesis negotiating in bad faith
(Reuters) – Cameron Winklevoss, who founded crypto exchange Gemini Trust Co with his twin brother, on Monday accused Digital Currency Group (DCG) CEO Barry Silbert of “bad faith stall tact[...]
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Saudi non-oil private sector activity eases in December
DUBAI (Reuters) – Growth in Saudi Arabia’s non-oil business activity slowed to a three-month low in December, a survey showed on Tuesday, although higher sales and strong demand ensured fi[...]
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China Dec factory activity extends declines on COVID surge – Caixin PMI
BEIJING (Reuters) – China’s factory activity shrank at a sharper pace in December as surging COVID-19 infections disrupted production and weighed on demand after Beijing largely removed an[...]
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Foxconn’s COVID-hit China plant close to resuming full production -sources
By Yimou Lee TAIPEI (Reuters) -Foxconn’s COVID-hit iPhone plant in China’s Zhengzhou city is almost back to full production, with its December shipments reaching about 90% of initial plans[...]
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Tesla in pole position in Norway’s race to EV goal
By Victoria Klesty OSLO (Reuters) -Four out of five new cars sold in Norway in 2022 were battery powered, led by Tesla, but some in the industry say new taxes could thwart the country’s goal of[...]
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