(Reuters) – China said on July 3 it would restrict exports of two metals used in semiconductors and electric vehicles, escalating a technology war with the United States and potentially causing[...]
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July 7, 2023
Airbus books record India orders, confirms higher deliveries
PARIS (Reuters) – Record demand from India sharply increased Airbus orders in June to leave the European planemaker with 1,044 net orders in the first half of the year, data showed on Friday. In[...]
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Bottler Coca-Cola HBC lifts full-year profit expectation
(Reuters) -Bottler Coca-Cola HBC AG raised its 2023 profit expectation on Friday, aided by robust sales and price increases in the first half of the year. The company said it now expects organic opera[...]
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New Zealand central bank to hold rates in July, rest of year: Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – New Zealand’s central bank will likely keep interest rates unchanged at 5.50% on Wednesday and for the rest of the year, marking an end to its 20-[...]
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Marketmind: Battered bond market braces for payrolls
A look at the day ahead in European and global markets from Tom Westbrook Bond markets are in a world of pain, with yields catapulted to decade highs across developed markets. The trigger is not immed[...]
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Tesla starts to lay off some workers at China factory – Bloomberg News
(Reuters) – Electric car maker Tesla Inc is laying off some battery production workers at its Shanghai plant, Bloomberg News reported on Friday, citing people familiar with the matter. It was no[...]
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Yellen seeks to calm a fraught but close-knit US-China trade relationship
By David Lawder and Joe Cash WASHINGTON/BEIJING (Reuters) – As U.S. Treasury Secretary Janet Yellen tries to steady an increasingly tense relationship with China, the world’s two largest e[...]
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Uber, Facebook linked to PwC Australia tax schemes based on leaked government plans
By Lewis Jackson SYDNEY (Reuters) – PwC Australia advised Uber and Facebook how to restructure in face of an Australian law clamping down on tax avoidance, but both companies said on Friday they[...]
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Goldman’s China banks downgrade based on ‘pessimistic assumptions’ -state media
BEIJING (Reuters) – Goldman Sachs’ downgrade of some major Chinese lenders to “Sell” ratings is based on “pessimistic assumptions,” state-backed Securities Times sa[...]
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