By Nick Carey (Reuters) – Israeli electric vehicle (EV) startup City Transformer aims to launch production of its small urban CT-2 model in Western Europe by the end of 2024 and will soon launch[...]
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January 29, 2023
Marketmind: Calm before the storm
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. It looks like a quiet start to the week in Asia on Monday, but don’t be fooled – it may be[...]
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IKEA taps Baltics, others for more wood supplies after shunning Russia
(This Jan. 26 story has been updated to correct the name of the subsidiary to Ingka (not IKEA) Investments in paragraph 13.) By Anna Ringstrom and Marie Mannes STOCKHOLM (Reuters) – IKEA is usin[...]
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Austria’s Raiffeisen says Ukrainian sanctions target its leasing unit
VIENNA (Reuters) – A Russian leasing unit of Austrian lender Raiffeisen Bank International is among the companies targeted by sanctions that Ukraine announced overnight, RBI said on Sunday. Ukra[...]
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China central bank to roll over lending tools to spur growth
BEIJING (Reuters) – China’s central bank said on Sunday it will roll over three lending tools to increase support for targeted sectors of the economy. The People’s Bank of China will[...]
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Iberia solves IT problem that delayed dozens of flights
MADRID (Reuters) – Spanish flag carrier Iberia said on Sunday it had solved an IT problem in the airline’s booking and boarding system that disrupted dozens of domestic and international f[...]
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Pakistan govt lifts petrol, diesel prices by 35 rupees a litre
(Reuters) – Pakistan’s ministry of finance announced on Sunday petrol and diesel prices would rise by 35 rupees ($0.1400) a litre after the country’s currency value plummeted this we[...]
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Hungary cbank could start “cautious” rate cuts once CPI slows – minister
BUDAPEST (Reuters) – Hungary’s January annual inflation is expected to rise above 25% but in February price growth will start slowing which could then allow the central bank to gradually s[...]
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Philippines to offer value-added tax refund to foreign tourists by 2024
MANILA (Reuters) – Philippines President Ferdinand Marcos has approved a value-added tax refund programme for foreign tourists by 2024 to attract more visitors, the Presidential Communications O[...]
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