KARACHI (Reuters) – Chinese electric vehicle giant BYD (002594.SZ) on Saturday announced plans to open a car production plant in Pakistan, where it will also start selling three models through a[...]
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August 17, 2024
Porsche agrees to provide capital in Varta restructuring deal
By Alexander Hübner and Emma-Victoria Farr FRANKFURT (Reuters) -German battery maker Varta said on Saturday it had reached a restructuring agreement with its creditors, bringing on sports car manufact[...]
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Canada’s CPKC expands freight embargoes ahead of looming work stoppage
By Promit Mukherjee OTTAWA (Reuters) – Canadian Pacific Kansas City said on Saturday it would halt any new rail shipments originating in Canada, and all new U.S. shipments destined for Canada st[...]
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Foxconn chief defends hiring practices after report married women rejected in India
By Praveen Paramasivam SRIPERUMBUDUR, India (Reuters) – Foxconn’s chairman on Saturday defended its hiring practices after New Delhi ordered investigations following a Reuters report that[...]
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Analysis-China manages to halt bond bulls in their tracks, for now
SHANGHAI (Reuters) – A long, frenzied bond rally in China has stalled, with prices down and turnover tumbling as investors step back after intensifying intervention by Beijing to stop yields fro[...]
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FTC sues Asbury Automotive, says it charged Black, Latino customers more
By Jody Godoy WASHINGTON (Reuters) -The U.S. Federal Trade Commission sued Asbury Automotive Group on Friday, alleging that three of its dealerships in Texas charged Black and Latino customers higher[...]
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