OSLO (Reuters) – Norway’s $1.7 trillion wealth fund, a top shareholder in Tesla, will continue “a constructive dialogue” with the automaker after its annual general meeting end[...]
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June 14, 2024
UK’s Crest Nicholson says Bellway’s new proposal undervalues group
(Reuters) -British homebuilder Crest Nicholson said on Friday rival Bellway’s revised and unsolicited 650 million pound ($828 million) all-share takeover offer “significantly undervalued[...]
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Exclusive-Boeing investigates quality problem on undelivered 787s, sources say
By Tim Hepher, David Shepardson and Allison Lampert PARIS/WASHINGTON/MONTREAL (Reuters) -Boeing is investigating a new quality problem with its 787 Dreamliner after discovering that hundreds of fasten[...]
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Investors bought U.S. growth stocks, dumped value this week
LONDON (Reuters) – Investors dumped U.S. value stocks and bought growth stocks in the week to Wednesday, according to BofA Global Research, a period marked by cooler than expected inflation data[...]
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RBA to hold rates through September, deliver first cut in Q4: Reuters poll
By Anant Chandak and Milounee Purohit BENGALURU (Reuters) – The Reserve Bank of Australia will hold its key policy rate for a fifth straight meeting on Tuesday over persistent price pressures, a[...]
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China set to hold key rate as margin pressure, weaker yuan hamper policy easing
SHANGHAI/SINGAPORE (Reuters) – China’s central bank is widely expected to leave a key policy rate unchanged when rolling over maturing medium-term loans next Monday, a Reuters survey showe[...]
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China’s Geely expresses disappointment in EU tariff decision, vows ‘necessary measures’ to safeguard rights
BEIJING (Reuters) – Chinese automaker Geely on Thursday expressed “great disappointment” in the European Union’s decision to increase tariffs on Chinese-made electric vehicles,[...]
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Analysis-Falling bond yields leave China’s central bank facing tough call
By Li Gu, Samuel Shen and Kevin Yao SHANGHAI/BEIJING (Reuters) – China’s central bank faces a looming test of its resolve to curb the financial stability risks it sees in a rallying bond m[...]
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China Evergrande’s ex-CEO sells Hong Kong home at almost half of purchase price
HONG KONG (Reuters) – China Evergrande’s former CEO, who Chinese regulators recently said was “uncontactable”, has sold his home in Hong Kong at a loss of HK$74 million ($9.48[...]
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