(Reuters) – British luxury carmaker Aston Martin said on Monday it would raise annual pay by 4% for more than 2,500 employees and contractors across its UK manufacturing sites and offices for 20[...]
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June 10, 2024
Japan’s Q1 GDP fell less than first reported on revised capex
By Satoshi Sugiyama and Tetsushi Kajimoto TOKYO (Reuters) -Japan’s economy contracted less than initially reported in January-March on upward revisions to capital spending and inventory data, le[...]
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Japan’s service sector mood hits nearly 2-year low in May
TOKYO (Reuters) – Japan’s service sector sentiment worsened in May to levels unseen in nearly two years, government data showed on Monday, as rising fuel and food costs from a weak yen dra[...]
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European nations compete for Chinese EV factories, jobs even as EU weighs tariffs
By Giulio Piovaccari MILAN (Reuters) – European governments may be wary of budget Chinese electric vehicles flooding their markets but they’re also fiercely competing for a share of the ma[...]
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Australia’s Nine Entertainment says Peter Costello steps down as chairman
SYDNEY (Reuters) – Australian broadcaster Nine Entertainment Co Holdings Ltd said its chairman Peter Costello resigned on Saturday and has been replaced by non executive deputy chair Catherine W[...]
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Shein’s pre-IPO charm offensive hits roadblocks in Europe
By Helen Reid and James Davey LONDON (Reuters) -As online fast-fashion retailer Shein ramps up its pre-IPO charm offensive in Britain, pushback is growing too from Europe’s retail industry and l[...]
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Morning Bid: Rates and politics cast a shadow over markets
A look at the day ahead in European and global markets from Rae Wee Investors in Europe will begin the week mired in uncertainty over the global interest rate outlook and the region’s political[...]
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Japan govt to call for flexible policy amid price uncertainty, draft blueprint shows
By Takaya Yamaguchi TOKYO (Reuters) – Japan’s government will highlight the need to work closely with the central bank and guide policy “flexibly” in the wake of soft consumpti[...]
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Elliott takes nearly $2 billion stake in Southwest Airlines, WSJ reports
(Reuters) -Activist investor Elliott Investment Management has built a nearly $2 billion stake in Southwest Airlines and plans to push for changes aimed at reversing the airline’s underperforman[...]
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