By Lisa Baertlein LOS ANGELES (Reuters) -Ocean freight rates are surging after a missile attack and attempted hijacking of a Maersk ship this weekend prompted carriers to suspend plans to restart tran[...]
Read moreJanuary 4, 2024
Australia struggles to ditch SUV habit even as electric vehicle sales hit record
By Lewis Jackson SYDNEY (Reuters) – Electric vehicle (EV) sales in Australia hit an all-time high in 2023, according to the country’s automotive association, however light vehicle sales re[...]
Read moreMarketmind: No let up in sombre New Year market mood
A look at the day ahead in European and global markets from Kevin Buckland Global stocks extended 2024’s weak start into Thursday, exacerbated by Japan’s return from an extended New Year h[...]
Read moreCathay Pacific in market for new mid-sized widebody planes
SEOUL (Reuters) – Hong Kong’s Cathay Pacific Airways said on Thursday it was evaluating options for new orders of mid-sized widebody aircraft, after a recent run of purchases to renew its[...]
Read moreSpaceX illegally fired workers critical of Elon Musk, US labor agency says
By Daniel Wiessner (Reuters) -Rocket and satellite maker SpaceX on Wednesday was accused by a U.S. labor agency of unlawfully firing eight employees for circulating a letter calling founder and CEO El[...]
Read moreChina’s Dec services activity expands at quickest pace in 5 months – Caixin PMI
BEIJING (Reuters) – China’s services activity expanded at the fastest pace in five months thanks to a solid rise in new business, a private-sector survey showed on Thursday, lifting the de[...]
Read moreJapan Dec factory activity extends declines on market uncertainty- PMI
TOKYO (Reuters) – Japan’s factory activity contracted at the steepest pace in 10 months in December as output and new orders slid on market uncertainty, a private-sector survey showed on T[...]
Read moreGM leads US auto sales as industry concludes best year since pandemic
By Nathan Gomes (Reuters) -General Motors edged out rival Toyota Motor to remain the top-selling automaker in the U.S. in 2023 as easing supply snags and sustained demand drove the industry to its bes[...]
Read moreEpstein accuser says Prince Andrew groped her, documents show
By Jonathan Stempel and Luc Cohen NEW YORK (Reuters) -A woman who has said she was victimized by deceased sex trafficker Jeffrey Epstein said Britain’s Prince Andrew put his hand on her breast a[...]
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