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Toyota revamps Prius in bid to give hybrids back their halo

BY Reuters  • November 16, 2022November 16, 2022
By Satoshi Sugiyama TOKYO (Reuters) – Toyota Motor Corp rolled out a 2-litre plug-in version of its Prius on Wednesday, in an attempt to reboot the 25-year-old hybrid that was once at the cuttin[...]
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Asia Business Economy US

Taiwan president decries ‘rumours’ about the island’s chip investment risk

BY Reuters  • November 16, 2022November 16, 2022
By Ben Blanchard and Sarah Wu TAIPEI (Reuters) -Taiwan President Tsai Ing-wen has decried what she called “rumours” about the risk of investing in the island’s semiconductor industry[...]
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Asia Business Europe Politics Technology Updated US

In China’s property crisis, global asset managers see opportunity in rental housing

BY Reuters  • November 16, 2022November 16, 2022
By Clare Jim HONG KONG (Reuters) – Global investors Warburg Pincus and Greystar Real Estate Partners are pushing deeper into China’s rental housing, as a growing number of distressed devel[...]
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Asia Business Economy Updated US

Marketmind: A missile and a manifesto

BY Reuters  • November 16, 2022November 16, 2022
A look at the day ahead in European and global markets from Ankur Banerjee U.S President Joe Biden said a missile that killed two people in Poland may not have been fired from Russia. That comment wil[...]
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Asia Business Economy Europe UK US

Cryptoverse: So long, Solana? Ether rival clobbered by FTX crash

BY Reuters  • November 16, 2022November 16, 2022
By Lisa Pauline Mattackal and Medha Singh (Reuters) – Solana, a poster coin of the crypto future, is in trouble. The cryptocurrency, which had been lauded by FTX’s founder Sam Bankman-Frie[...]
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Business Economy Europe Technology US

WTO warns of ‘real’ recession risk in some major economies

BY Reuters  • November 16, 2022November 16, 2022
By Leika Kihara NUSA DUA, Indonesia (Reuters) – The head of the World Trade Organization (WTO) warned on Wednesday that several major economies face a real risk of sliding into recession as the[...]
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Asia Business Economy Europe Politics US

India’s Tata to open 20 ‘beauty tech’ outlets, in talks with foreign brands

BY Reuters  • November 16, 2022November 16, 2022
By Aditya Kalra NEW DELHI (Reuters) – India’s Tata Group is planning to open at least 20 “beauty tech” stores where it will use virtual makeup kiosks and digital skin tests to[...]
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Asia Business Entertainment and Lifestyle Europe Technology Top News Updated US

FTX creditors may number over 1 million as regulators seek answers

BY Reuters  • November 16, 2022November 16, 2022
By Akriti Sharma and Daniel Leussink (Reuters) – Collapsed crypto exchange FTX outlined a “severe liquidity crisis” in U.S. bankruptcy filings, which said the group could have more t[...]
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Business Economy Europe Technology Top News Updated US

Broadcom seeks EU antitrust approval for $61 billion VMware buy

BY Reuters  • November 16, 2022November 16, 2022
BRUSSELS (Reuters) – U.S. chipmaker Broadcom is seeking European Union antitrust approval for its $61 billion bid for cloud computing company VMware, Broadcom said on Tuesday in a statement.[...]
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Business Economy Updated US
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