By Abhijith Ganapavaram (Reuters) -U.S. private equity firm 777 Partners has said it is in talks with Boeing Co and Franco-Italian turboprop maker ATR over a new jet order, as it looks to enter more m[...]
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Asia
Analysis-Peru copper miners say red tape snarling red metal production ramp-up
By Marco Aquino LIMA (Reuters) – Copper miners in Peru, already battling political uncertainty and regular protests, say they have another hurdle to revving up stalled production of the red meta[...]
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Norway wealth fund excludes Power Construction Corp of China
OSLO (Reuters) – Norway’s $1.4 trillion sovereign wealth fund has excluded Power Construction Corp of China from its portfolio and placed London-listed Petrofac under observation. The Norw[...]
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China fines Ant 7.1 billion yuan
BEIJING (Reuters) – China’s central bank on Friday announced a fine of 7.12 billion yuan ($984 million) for Ant Group. Reuters reported earlier on Friday that the People’s Bank of Ch[...]
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Tesla offers cash rebate on top models in China
(Corrects range of price cuts in Japan in last paragraph to between 3% and 4%, not 3% and $5) BEIJING (Reuters) – Tesla on Friday said it would offer new buyers of its top-selling electric vehic[...]
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Factbox: China’s major germanium and gallium producers
BEIJING (Reuters) – China has announced export restrictions to take effect from Aug. 1 on some gallium and germanium products, metals used in computer chips and other products, citing national s[...]
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China’s Alibaba and Huawei add products to AI frenzy
By Josh Ye and David Kirton HONG KONG (Reuters) -Alibaba Group Holdings and Huawei Technologies Co on Friday showcased new products, including an artificial intelligence (AI) image generator and an AI[...]
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Marketmind: Data-hit bond markets end summer lull
A look at the day ahead in U.S. and global markets from Mike Dolan The seeming serenity of June markets has finally been broken by summer storms as a blistering selloff in bonds snowballed following n[...]
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Analysis: Decades of US corn export dominance fade as Brazil seizes top supplier crown
By Karl Plume CHICAGO (Reuters) – U.S. corn export dominance is fading in an increasingly competitive global marketplace as Brazil, aided by a new supply agreement with China, is set to out-ship[...]
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