MILAN (Reuters) – Carmaker Stellantis and iPhone assembler Foxconn have created a 50-50 joint venture to design and sell semiconductors for the automotive industry from 2026. The joint venture,[...]
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June 20, 2023
Australia minister calls on end-consumers to underpin critical minerals investment
By Melanie Burton MELBOURNE (Reuters) – Automakers and other consumers of critical minerals should invest in Australia’s materials processing industry to secure ethical long-term supply th[...]
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HSBC cuts China’s GDP forecast to 5.3% on weak property, business outlook
(Reuters) – HSBC on Tuesday lowered China’s economic growth forecast for this year, citing drag from the property sector, and tempered business and household confidence. The global bank no[...]
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Qantas orders nine Airbus A220-300S aircraft
(Reuters) – Qantas and Airbus have finalised an incremental order for nine Airbus A220-300s aircraft, the companies said at the Le Bourget air show in Paris on Tuesday. Qantas had said it planne[...]
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Airbus wins record 500-plane order from India’s IndiGo
By Tim Hepher, Joanna Plucinska and Aditi Shah PARIS/DELHI (Reuters) -Europe’s Airbus secured a historic deal on Monday involving the most jets ever bought by a single airline, with an order for[...]
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Lab crunch: British science has nowhere to go
By Kate Holton OXFORD, England (Reuters) – For Ros Deegan, the thrill of raising $100 million to expand a biotech firm among the dreaming spires of Oxford was soon tempered: unable to find a big[...]
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Medibank’s staff details stolen after property manager faces cyber breach
(Reuters) -Australia’s largest private health insurer Medibank Private on Tuesday said a file containing names and contact details of staff members had been compromised after its property manage[...]
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Foreigners biggest buyers of Asian bonds in two years
By Gaurav Dogra and Patturaja Murugaboopathy (Reuters) – Asian bonds attracted their highest monthly foreign inflows in about two years in May, boosted by hopes of less aggressive monetary tight[...]
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Fisker to open first delivery centre in Shanghai this year – Yicai
BEIJING (Reuters) – Electric-vehicle (EV) startup Fisker is set to open its first delivery centre in China’s financial hub Shanghai this year, Fisker’s China board member Daniel Foa[...]
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