By John Stonestreet and Ludwig Burger (Reuters) -The Swiss antitrust agency on Wednesday named four companies it is investigating for forming an alleged fragrance cartel that is also the target of U.S[...]
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March 8, 2023
Ford discounts Mustang Mach-E electric SUVs in China
SHANGHAI (Reuters) -Ford Motor said on Wednesday it was offering a discount of 40,000 yuan ($5,700) on its Mustang Mach-E electric SUVs in China until the end of April. Mustang Mach-E cars were now av[...]
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Exclusive-China promises Sri Lanka deal on debt treatment in coming months -letter
By Devjyot Ghoshal and Uditha Jayasinghe COLOMBO (Reuters) -The Export-Import Bank of China has told Sri Lanka it will try to finalise in the months ahead how it treats debt owed by the crisis-hit nat[...]
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German industrial output rises more than expected in January
BERLIN (Reuters) -German industrial production rose significantly more than expected in January, increasing by 3.5% on the previous month, the federal statistical office said on Wednesday. In a Reuter[...]
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GQG Partners likely to step up investment in Adani group, says founder
By Praveen Menon and Lewis Jackson SYDNEY (Reuters) -GQG Partners would likely expand its investment in the Adani group, the fund firm’s founder Rajiv Jain said on Wednesday, a week after its $1[...]
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Japan runs record current account deficit in January
By Tetsushi Kajimoto TOKYO (Reuters) – Japan logged a record current account deficit in January on persistent rises in the cost of importing fuel, government data showed on Wednesday. The defici[...]
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US FTC asked Twitter for details on Musk’s internal communications -House report
WASHINGTON (Reuters) -The U.S. Federal Trade Commission asked Twitter to turn over some internal communications related to owner Elon Musk and other detailed information about business decisions as pa[...]
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Wall Street falls more than 1% as Powell flags sharper rate hikes
By Sinéad Carew and Sruthi Shankar (Reuters) – U.S. stock indexes closed sharply lower on Tuesday after Federal Reserve Chair Jerome Powell told Congress the central bank will likely need to rai[...]
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Cryptoverse: Hooked on growth, bitcoin investors turn to smart tokens
(Clarifies Fineqia is a crypto-focused investor) By Hannah Lang and Lisa Pauline Mattackal (Reuters) -For investors living on the digital edge, bitcoin is starting to look a little old-fashioned. Hook[...]
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