By Devjyot Ghoshal BANGKOK (Reuters) – Toyota Motor is testing the new battery-electric Hilux pickup truck to assess its performance in different conditions as the car maker prepares to manufact[...]
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May 16, 2024
Goldman Sachs hires from rivals to expand in mid-market deals
By Anirban Sen NEW YORK (Reuters) -Goldman Sachs told Reuters it has hired two investment bankers from rival banks as part of a push to advise on more smaller deals worth up to $2 billion. The Wall St[...]
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Soros Fund Management dissolves NYCB stake, adds Goldman Sachs, JPMorgan in first quarter
(Reuters) -Soros Fund Management, the family office of billionaire George Soros, dissolved its share stake in embattled lender New York Community Bancorp and added positions in Goldman Sachs and JPMor[...]
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Chinese overcapacity claims by US, Europe are ‘trade protectionism’, ministry says
BEIJING (Reuters) – China said on Thursday that U.S. and European assertions of excess capacity were “naked trade protectionism” and that efforts to constrain new energy exports from[...]
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Siemens misses profit forecast as customers stick to trend of destocking
By John Revill ZURICH (Reuters) -Siemens reported on Thursday a drop in second-quarter earnings at its industrial business, as China maintained its trend of destocking longer than previously expected.[...]
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Post-CPI party goes global
A look at the day ahead in European and global markets from Kevin Buckland Hopes that the U.S. inflation genie is back in the bottle has given investors globally the confidence to snap up stocks and r[...]
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Exclusive-Anglo unveils hiring freeze, document shows, after rejecting $43 billion takeover bid
By Scott Murdoch and Melanie Burton SYDNEY (Reuters) -Anglo American has suspended hiring globally, it said on Thursday, as it gets plans underway to simplify itself and build value – and avert[...]
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Singapore Airlines CEO says travel out of China not yet recovered
(Corrects CEO Goh Choon Phong’s surname in second and subsequent references to Goh from Phong) By Lisa Barrington SEOUL (Reuters) -Air travel demand from China is not back to pre-pandemic levels[...]
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Austria’s Raiffeisen faces US wrath over Russian business
LONDON/FRANKFURT (Reuters) -The U.S. Treasury has warned Austria’s Raiffeisen Bank International (RBI) that its access to the U.S. financial system could be restricted because of its Russian dea[...]
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