By David Shepardson and Joseph White (Reuters) -General Motors will join Ford in adopting Tesla’s North American charging plug standard and give GM electric-vehicle buyers access to the Tesla Su[...]
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June 9, 2023
Swiss government says it has reached agreement with UBS on loss guarantees
ZURICH (Reuters) – The Swiss government has signed an agreement with UBS to cover up to 9 billion Swiss francs ($10.01 billion) in losses from its emergency takeover of Credit Suisse, the financ[...]
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BOJ’s Ueda flags shift in corporate pricing, upward inflation bias
By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said the country’s corporate price-setting behaviour was showing changes that could work to push up inflation more than expecte[...]
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AstraZeneca signs $2 billion agreement with Quell to develop cell therapies
(Reuters) – AstraZeneca said on Friday it had signed an agreement with Quell Therapeutics potentially worth more than $2 billion to develop cell therapies that could cure autoimmune diseases. Th[...]
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Fourth pension fund freezes work with PwC Australia over gov’t tax plan leak
By Lewis Jackson SYDNEY (Reuters) -Australia’s third-largest pension fund on Friday put on hold new work with PricewaterhouseCoopers (PwC) Australia, the fourth fund to freeze out the firm over[...]
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Aussie Big Four banks hike home loan rates to match central bank move
(Reuters) – All of Australia’s “Big Four” banks on Friday passed on the Reserve Bank of Australia’s (RBA) latest rate hike to their customers in full, raising their respe[...]
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Odey Asset Management tells investors ‘confident’ banks will continue to work with fund – letter
By Nell Mackenzie LONDON (Reuters) – Odey Asset Management “does not recognise the picture of the firm that has been painted” by allegations of sexual misconduct by Crispin Odey publ[...]
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China mutual fund sales dry up amid market gloom
By Summer Zhen and Samuel Shen HONG KONG (Reuters) – Money managers in China are struggling to lure retail investors, with fundraising by mutual funds in the first five months of the year hittin[...]
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Ex-minister urges Beijing to lead in setting global EV battery standards
BEIJING/SHANGHAI (Reuters) – China should standardise requirements for electric vehicle (EV) batteries in order to keep its edge over other markets such as the U.S. and Europe in the rapidly gro[...]
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