Wealth Growth Daily

February 3, 2024

Italy to invest in Enel plant to boost solar panel production, PM says

BY Reuters  • February 3, 2024February 3, 2024
ROME (Reuters) – Italy will invest in Enel’s photovoltaic panel factory in Sicily, supporting its plan to boost production and become Europe’s main site for solar panels, Prime Minis[...]
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Driverless cars covered 5x more test miles in California in 2023

BY Reuters  • February 3, 2024February 3, 2024
(This Feb. 2 story has been corrected to remove the word ‘Chinese’ from paragraph 9) By Abhirup Roy SAN FRANCISCO (Reuters) – Completely driverless vehicles traveled nearly 3.3 million miles in[...]
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Analysis-Vision Pro headset is Apple’s next Mac and TV combined

BY Reuters  • February 3, 2024February 3, 2024
By Stephen Nellis and Dawn Chmielewski (Reuters) -Apple’s Vision Pro could upend how people watch television at home and how they use computers at work, potentially positioning the headset to be[...]
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Abbott Labs must face lawsuit over PediaSure height claims

BY Reuters  • February 3, 2024February 3, 2024
By Jonathan Stempel NEW YORK (Reuters) -A judge has rejected Abbott Laboratories’ effort to dismiss a New York City grandmother’s lawsuit claiming it misled consumers into believing its Pe[...]
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SocGen to cut about 900 jobs in France – sources

BY Reuters  • February 3, 2024February 3, 2024
By Mathieu Rosemain PARIS (Reuters) -Societe Generale, France’s third-biggest listed bank, is set to cut about 900 jobs in its home country this year, two sources close to the matter said, as CE[...]
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Thousands of accounts at India’s Paytm Payments Bank set up improperly – sources

BY Reuters  • February 3, 2024February 3, 2024
By Sarita Chaganti Singh and Ira Dugal NEW DELHI (Reuters) – India’s central bank has found hundreds of thousands of accounts at Paytm Payments Bank created without proper identification a[...]
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China’s Country Garden says over 30 projects have local government support

BY Reuters  • February 3, 2024February 3, 2024
HONG KONG (Reuters) – Cash-strapped developer Country Garden said on Saturday more than 30 of its projects had been listed by Chinese local governments as suitable for financing support, as auth[...]
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Indian bourses cut Paytm daily trading limits to 10% after rout

BY Reuters  • February 3, 2024February 3, 2024
NEW DELHI (Reuters) – India’s stock exchanges have cut the daily share trading limits for digital payments firm Paytm to 10%, from 20%, after a $2 billion rout in the stock following a reg[...]
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Analysis-New China property financing measures set to be tested by banks’ cautious approach

BY Reuters  • February 3, 2024February 3, 2024
By Clare Jim and Ziyi Tang HONG KONG/BEIJING (Reuters) – China aims to ramp up financing for home projects in the coming days as part of its support measures, but banks’ reluctance to lend[...]
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