LONDON (Reuters) – HONG KONG, Dec 8 (Reuters) – Apple supplier Foxconn’s COVID-hit Zhengzhou facility in China has lifted its “closed-loop” management curbs on Thursday,[...]
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Asia
Saudi Arabia, China sign MoUs on hydrogen – state news agency
DUBAI (Reuters) – Saudi Arabia and China have signed memorandums of understanding on hydrogen energy and the encouragement of direct investment between the two states, state news agency (SPA) sa[...]
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China’s CATL to provide EV batteries for Honda starting in 2024
TOKYO (Reuters) – Honda Motor Co said on Thursday that Chinese battery giant CATL would supply batteries for seven years for its electric vehicles (EV) in China. The Japanese automaker said the[...]
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Investors revive wagers on Bank of Japan policy change
By Junko Fujita TOKYO (Reuters) – Global investors are short-selling Japanese bonds and driving its other market yields higher, reviving bets that the Bank of Japan will need to tweak its ultra-[...]
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Japan upgrades Q3 GDP as global recession, COVID risks linger
By Tetsushi Kajimoto and Kantaro Komiya TOKYO (Reuters) – Japan’s economy, the world’s third-largest, shrank less than initially estimated in the third quarter, bolstering a view tha[...]
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U.S. floats new steel, aluminum tariffs based on carbon emissions
By David Lawder WASHINGTON (Reuters) – U.S. officials are proposing to levy tariffs on steel and aluminum based on how much carbon the producing country’s industries emit, in a bid to figh[...]
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European energy firms dominate landmark California offshore wind auction
By Nichola Groom (Reuters) -The U.S. government’s first-ever sale of offshore wind development rights off the coast of California drew $757.1 million in high bids, mainly from European companies[...]
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Republican lawmakers criticize U.S. grant to battery company with China ties
By David Shepardson WASHINGTON (Reuters) – Two senior Republican lawmakers on Wednesday were highly critical of the decision by the U.S. Energy Department to award $200 million to Microvast Hold[...]
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Stocks, bond yields dip as U.S. data muddies Fed rates outlook
By Herbert Lash and Danilo Masoni NEW YORK/MILAN (Reuters) -World stocks slid further and Treasury yields dipped on Wednesday as U.S. worker productivity data beat forecasts but extended a weak trend,[...]
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