A look at the day ahead in European and global markets from Kevin Buckland China’s post-Covid recovery is firmly on track, according to a barrage of data on Tuesday. The economy expanded 4.5% in[...]
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April 18, 2023
China fiscal revenue turns higher in March on recovering economic activity
BEIJING (Reuters) – China’s fiscal revenue rose in March, reversing a decline in January-February, as economic activity rebounded following the end of strict COVID curbs, but the finance m[...]
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China’s Li Auto aims to nearly triple electric model line-up to 11 by 2025
SHANGHAI (Reuters) -Chinese electric vehicle (EV) maker Li Auto Inc said on Tuesday it plans to expand its line-up to 11 models by 2025, up from four currently, targeting the market for vehicles price[...]
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China’s Q1 property investment falls 5.8% year-on-year
(Correct to add percentage indicator in headline) BEIJING (Reuters) – China’s property investment fell 5.8% from a year earlier in the first three months of 2023, from a 5.7% decline in Ja[...]
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Analysis-Rocket startups face adapt-or-die moment amid investment drought
By Joey Roulette WASHINGTON (Reuters) – Demand for sending satellites into space remains strong, but U.S. rocket startups are taking drastic measures to survive a tight funding environment where[...]
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Volkswagen plans 10 more EV models by 2026
SHANGHAI (Reuters) – Germany’s Volkswagen AG said on Tuesday it plans to introduce 10 more electric vehicle (EV) models by 2026 and it remained committed to China, where established foreig[...]
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China Q1 GDP grew 4.5% year-on-year, above expectations
BEIJING (Reuters) – China’s economy grew at a faster than expected clip in the first quarter, official data showed on Tuesday, expanding 4.5% year-on-year, as policymakers move to bolster[...]
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Dominion defamation trial against Fox to proceed Tuesday after delay
By Helen Coster WILMINGTON, Delaware (Reuters) -The trial in the $1.6 billion defamation lawsuit by Dominion Voting Systems against Fox Corp and Fox News will proceed with jury selection resuming on T[...]
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China’s March industrial output rises 3.9%; retail sales up 10.6%
BEIJING (Reuters) – China’s industrial output rose 3.9% in March year-on-year, official data showed on Tuesday, accelerating from a 2.4% increase in the first two months but missing expect[...]
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