By Satoshi Sugiyama and Makiko Yamazaki TOKYO (Reuters) -Japanese online financial conglomerate SBI Holdings Inc said on Saturday it has raised its stake in SBI Shinsei Bank to 53.74% by just 3.7 poin[...]
Read more
Asia
Indian PM Modi wraps up Washington trip with appeal to tech CEOs
By Steve Holland, Simon Lewis and Jeff Mason WASHINGTON (Reuters) -Indian Prime Minister Narendra Modi met with U.S. and Indian technology executives in Washington on Friday, the final day of a state[...]
Read more
Stocks fall, dollar up as investors weigh more rate hikes
By Caroline Valetkevitch NEW YORK (Reuters) – Global stock indexes fell and the U.S. dollar rose on Friday as investors digested comments from Federal Reserve officials that signalled further in[...]
Read more
Oil dips on demand worries as more rate hikes likely
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices settled lower on Friday, posting a weekly decline as traders worried interest rate hikes could sap demand despite signs of tighter supplies including[...]
Read more
U.S. luxury sales increasingly coming from high-end shoppers – Bain
PARIS (Reuters) – Luxury brands focused on wealthier consumers in the United States are performing better than those who appeal to aspirational shoppers on lower incomes who are deterred by the[...]
Read more
Ambitious plans for US-India technology sharing face hurdles
By David Brunnstrom WASHINGTON (Reuters) – The United States unveiled agreements this week to sell weapons to India and share with it sensitive military technology, a clear sign of the Biden adm[...]
Read more
Dollar higher on safety bid as data spurs growth worries
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar rose against the euro on Friday after dismal business activity data from around the globe soured risk sentiment and as hawkish comments from central[...]
Read more
Two U.S. senators urge automakers not to remove AM radio from new cars
By David Shepardson WASHINGTON (Reuters) -Two U.S. senators wrote seven major automakers on Friday urging them not to remove AM radio from new vehicles. Senator Ted Cruz, the top Republican on the Sen[...]
Read more
As electric cars take off, makers pledge $11.3 billion for US lithium iron phosphate
(Corrects story and headline to say makers pledge $11.3 billion, not $14.3 billion for lithium iron phosphate plants) By Paul Lienert (Reuters) – Interest and investment in lithium iron phosphat[...]
Read more