Wealth Growth Daily

July 8, 2023

‘Chinese storm’ looming over Europe’s EV sector, Renault chairman warns

BY Reuters  • July 8, 2023July 8, 2023
By Mathieu Rosemain AIX-EN-PROVENCE, France (Reuters) – A “Chinese storm” is looming over Europe’s growing electric vehicle (EV) sector, Renault Chairman Jean-Dominique Senard[...]
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Asia Business Economy Europe

Suspended Twitter account tracking Elon Musk’s jet moves to rival Meta’s Threads

BY Reuters  • July 8, 2023July 8, 2023
(Reuters) – Jack Sweeney, the creator of an account tracking Elon Musk’s private jet in real time, has moved to Mark Zuckerberg’s Twitter-rival Threads after being suspended from Twi[...]
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Business Technology US

San Francisco’s new venture capital hotspot: The Presidio

BY Reuters  • July 8, 2023July 8, 2023
By Krystal Hu SAN FRANCISCO (Reuters) – Venture capital firm Headline used to be in one of San Francisco’s most eye-catching skyscrapers: the pyramidal Transamerica building that has defin[...]
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Business Economy Entertainment and Lifestyle Top News Updated

Yellen swaps stories of being ‘the only woman in the room’ with Chinese economists

BY Reuters  • July 8, 2023July 8, 2023
By Andrea Shalal and Yew Lun Tian BEIJING (Reuters) – U.S. Treasury Secretary Janet Yellen, a trailblazer in the field of economics, met with six female economists in Beijing on Saturday, an eff[...]
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Asia Business Updated US

TotalEnergies boss: 2024 U.S. election could cause energy shock

BY Reuters  • July 8, 2023July 8, 2023
PARIS (Reuters) – The U.S. presidential election could trigger a major energy shock if Republicans were to win and decide to halt hydrocarbon exports, Patrick Pouyanné, the chief executive of Fr[...]
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Business Economy Elections Europe US

Ant’s surprise share buyback values firm at steep 75% discount to IPO

BY Reuters  • July 8, 2023July 8, 2023
By Julie Zhu and Josh Ye HONG KONG (Reuters) -Ant Group on Saturday announced a surprise share buyback that values the fintech giant at $78.54 billion, well below the $315 billion touted in an abandon[...]
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Asia Business Economy Technology Updated

China’s auto group retracts pledge to avoid ‘abnormal pricing’

BY Reuters  • July 8, 2023July 8, 2023
SHANGHAI (Reuters) – The China Association of Auto Manufacturers (CAAM), citing antitrust law, on Saturday retracted a pledge to avoid “abnormal pricing” made two days earlier by 16[...]
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Asia Business Politics US

Wall Street ends choppy day lower after jobs data

BY Reuters  • July 8, 2023July 8, 2023
By Lewis Krauskopf, Bansari Mayur Kamdar and Johann M Cherian (Reuters) – Wall Street’s main indexes ended lower on Friday in a seesaw session, as investors digested a U.S. jobs report tha[...]
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Business Economy Top News Updated US
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