By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar’s share of currency reserves reported to the International Monetary Fund rose in the first quarter of the year, in the mids[...]
Read more
Asia
Joby receives FAA nod to begin flight testing of electric air taxi
(Corrects to add that Archer received certification to conduct flight testing of its demonstrator aircraft in paragraph 7) (Reuters) -Joby Aviation said on Wednesday the U.S. aviation regulator has gi[...]
Read more
Russia’s rouble tumbles past 89 vs dollar to over 15-month low
By Alexander Marrow (Reuters) -The Russian rouble tumbled past 89 against the dollar for the first time in more than 15 months on Friday, weighed down by domestic political risk concerns after an abor[...]
Read more
Ford finds international investor for German plant in Saarlouis
HAMBURG (Reuters) – Ford has found what it described as a major international investor for the U.S. carmaker’s German plant in Saarlouis and has signed initial agreements together with the[...]
Read more
Marketmind: Midyear market mettle, Nike clipped
A look at the day ahead in U.S. and global markets from Mike Dolan The glass appears half full at half time. The U.S. economy and markets look to be in rude health as they hit the midyear mark on Frid[...]
Read more
Tesla set to report record quarterly vehicle deliveries, fueled by incentives
By Hyunjoo Jin and Akash Sriram SAN FRANCISCO (Reuters) – Tesla is set to report record vehicle deliveries, after the top electric vehicle maker increased discounts and other incentives to boost[...]
Read more
SAIC’s MG Motor brand launches new electric vehicle leasing offer in France
PARIS (Reuters) – MG Motor, owned by Chinese company SAIC Motor, on Friday announced a new leasing offer whereby drivers in France can get for 99 euros ($107.6) a month its MG4 electric car, mat[...]
Read more
China’s PBOC asks foreign banks about dollar deposit rates amid weak yuan – sources
SHANGHAI/BEIJING (Reuters) – China’s central bank has surveyed some foreign banks in the past week about the interest rates they offer to their clients for dollar deposits, people familiar[...]
Read more
Global markets in H1: Banks vs the machines
By Marc Jones LONDON (Reuters) – The first six months of 2023 have been eventful for financial markets – from an artificial intelligence (AI) inspired tech stock surge, commodity market ca[...]
Read more