By Herbert Lash and Carolyn Cohn NEW YORK/LONDON (Reuters) – Global equities edged up and a key part of the Treasury yield curve inverted further on Friday, a sign the U.S. economy will stall ne[...]
Read more
Asia
Hyundai considering development of ‘lifestyle pickup’ – exec
(Reuters) – Hyundai Motor Co is considering development of additional pickups for the U.S. market, including a “lifestyle” truck, according to Jose Munoz, the Korean automaker’[...]
Read more
Dollar gains with bond yields up, Fed in focus
By Sinéad Carew and Amanda Cooper NEW YORK/LONDON (Reuters) – The dollar gained slightly on Friday and remained on track for its largest weekly gain in over a month as investors eyed rising bond[...]
Read more
Jaguar Land Rover turns to laid-off tech workers for EV skills
By Sachin Ravikumar LONDON (Reuters) -Laid off tech workers could find new jobs at Jaguar Land Rover (JLR) as the 100-year-old British automaker looks to hire hundreds of engineers to help develop ele[...]
Read more
Full 9th US Circuit to tackle complex Resolution Copper mining case
By Ernest Scheyder (Reuters) – The full 9th U.S. Circuit Court of Appeals said on Thursday it will weigh whether the federal government improperly gave Rio Tinto Plc thousands of acres in Arizon[...]
Read more
European refiners oversupplied as oil shortage fears subside
By Julia Payne and Ahmad Ghaddar LONDON (Reuters) – European refiners have found themselves oversupplied with crude as an expected shortage owing to the looming EU ban on Russian oil has yet to[...]
Read more
China’s property prices to rise in 2023, sales to fall more slowly
BEIJING (Reuters) – China’s property sector will remain weak but will see a gradual recovery in 2023, economists said in a Reuters poll, expecting further stimulus measures and looser COVI[...]
Read more
Factbox-Twitter 2.0: Musk warns of bankruptcy, flip-flops on blue check mark in chaotic start
(Reuters) – Twitter has had a bumpy ride since new owner Elon Musk took charge last month. The world’s richest person halted plans to charge $8 for the sought-after blue check mark as fake[...]
Read more
Cathay Pacific expects annual loss despite second-half improvement
(Reuters) -Hong Kong’s Cathay Pacific Airways Ltd on Friday forecast a “substantial” annual loss even though second-half results are expected to improve sequentially thanks to an upt[...]
Read more