(Reuters) – The U.S. National Transportation Safety Board has opened an investigation into a crash and fire involving a Tesla electric semi-truck on a California highway, the agency said late We[...]
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August 22, 2024
India’s Zomato expands movie and event ticketing business with $244 million Paytm deal
(This Aug. 21 story has been corrected to say gross order value, not revenue, will rise three-fold, in paragraph 4) BENGALURU (Reuters) – India’s Zomato said on Wednesday it will acquire t[...]
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Analysis-China Evergrande subsidiary dealings raises prospects for offshore creditors
By Xie Yu and Clare Jim HONG KONG (Reuters) – Offshore creditors of China Evergrande might be able to increase their chance of recovering funds if they can prove the property developer is due mo[...]
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Chinese EV maker BYD eyes state incentives for Mexico plant
By Cassandra Garrison MEXICO CITY (Reuters) – Chinese electric vehicle maker BYD has narrowed its list of finalists for the location of a manufacturing plant in Mexico down to three states and i[...]
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Fed steaming toward September rate cut, minutes from meeting show
By Michael S. Derby and Dan Burns WASHINGTON (Reuters) – The Federal Reserve appears to be very much on track for an interest rate cut in September after a “vast majority” of officia[...]
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Japan’s Aug factory activity declines slow, PMI shows
TOKYO (Reuters) – Japan’s factory activity shrank in August amid subdued demand although the pace of decline slowed, while the service sector expanded, showing upbeat conditions in some in[...]
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Analysis-Euro, now a safer bet, emerges a winner from market turmoil
By Sruthi Shankar and Alun John (Reuters) -The euro is trading at its highest this year against the dollar, emerging as a clear winner from the recent ructions in global currency markets that have uns[...]
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