By Diego Oré MEXICO CITY (Reuters) – Mexico’s federal government, under pressure from the U.S., is keeping Chinese automakers at arm’s length by refusing to offer such incentives as[...]
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April 18, 2024
Analysis-Paraguay on track for record soy crop, but low river levels slow exports
By Daniela Desantis and Lucinda Elliott ASUNCION (Reuters) – Paraguay is headed for a record soybean harvest but exporters are worried about low river levels that are slowing shipments along the[...]
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Morning Bid: Recoiling oil and dollar sow calm as tech earnings loom
A look at the day ahead in U.S. and global markets from Mike Dolan A sharp retreat in oil prices and a rare joint warning from major economies against excessive dollar strength have helped calm restiv[...]
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TSMC expects Q2 sales to jump on ‘insatiable’ AI demand
By Yimou Lee and Faith Hung TAIPEI (Reuters) -TSMC, the world’s largest chipmaker and a major Apple and Nvidia supplier, forecast second-quarter sales may rise as much as 30% as it rides a wave[...]
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TotalEnergies investors call for split of CEO and chair roles
By America Hernandez PARIS (Reuters) -A group of TotalEnergies investors is calling for the French oil and gas major to split the roles of CEO and chairman, which they say could speed up its shift awa[...]
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ABB shares hit record high after Swiss engineering group’s confident start to 2024
By John Revill ZURICH (Reuters) -ABB shares soared to their highest ever level on Thursday after the Swiss engineering group posted better-than-expected first quarter profit and signalled faster growt[...]
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Alaska Air prioritizes quality, safety of Boeing products over production rate
CHICAGO (Reuters) – Alaska Air Group is not concerned about the production rate of Boeing’s 737 MAX planes as it is more focused on the quality and safety of the planemaker’s jets, a[...]
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Tesla says 300 subcontracted workers let go in Germany
BERLIN (Reuters) – Tesla has let go of 300 temporary workers in Germany in keeping with their contract period, the e-car maker said on Thursday, amid a drive by the company to slim down its glob[...]
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Binance obtains Dubai licence to target retail clients
DUBAI (Reuters) – Cryptocurrency exchange Binance said on Thursday it had secured a licence from Dubai’s regulator VARA that will allow the platform to target retail clients in addition to[...]
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