By Chayut Setboonsarng BANGKOK (Reuters) – Overseas travel bookings from mainland China are currently at just over half of pre-pandemic levels but are on course to return to the 2019 numbers by[...]
Read moreJune 15, 2023
Siemens to spend $2.2 billion to ramp up global production
By John Revill and Fanny Potkin SINGAPORE/ZURICH (Reuters) -Siemens will spend 2 billion euros ($2.2 billion) on a new global investment plan, the German engineering group said on Thursday, to make it[...]
Read moreHugo Boss shrugs off weaker U.S. sentiment
By Linda Pasquini (Reuters) -German fashion house Hugo Boss on Thursday raised its 2025 sales target, betting on strong demand across its markets as it proved immune to weaker U.S. consumer sentiment.[...]
Read moreThe best money advice from dear old dad
By Chris Taylor NEW YORK (Reuters) -No matter how successful you may be – even as a founder, president, or CEO – none of us start out that way. We absorb life lessons from the people around us, very o[...]
Read moreAnalysis-Soaring UK bond yields don’t herald repeat of ‘mini-budget’ chaos
By Yoruk Bahceli and David Milliken LONDON (Reuters) – Britain’s government bond market has seen its heaviest sell-off since last autumn’s “mini-budget” crisis, lifting t[...]
Read moreSome 85% of Toyota shareholders voted to re-elect Toyoda at AGM
TOKYO (Reuters) -Some 85% of Toyota Motor’s shareholders voted to re-elect Chairman Akio Toyoda to the automaker’s board of directors at its annual general meeting, the company said in a r[...]
Read moreUS startup Carbon Rivers says graphene is the answer to toxic tyre chemical
By Nick Carey and Barbara Lewis (Reuters) – Graphene added to tyres could replace the toxic chemical 6PPD, U.S. startup Carbon Rivers says, as pressure mounts on the auto industry to eliminate t[...]
Read moreAnalysis – Investors on guard for market stress as Fed signals more hikes ahead
By Davide Barbuscia and David Randall NEW YORK (Reuters) – A hawkish message from the Federal Reserve amid a robust stock market rally is presenting investors with a conundrum: how to maintain e[...]
Read moreMarketmind: The ECB won’t throw a curve ball
A look at the day ahead in European and global markets from Vidya Ranganathan After a slight jolt overnight from the hawkishness surrounding the Fed’s pause, investors can afford to be relaxed a[...]
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