By Rae Wee SINGAPORE (Reuters) -Asian stocks rose to a seven-month peak on Friday and eyed their firmest week in more than two months as investors cheered the prospect of an imminent rate easing cycle led by major central banks,…
By Gaurav Dogra (Reuters) - Foreign investors poured substantial money into Asian equities in February amid a rebound in Chinese stocks following Beijing's rollout of reform measures and a surge in technology shares, driven by the artificial intelligence (AI) boom.…
BEIJING (Reuters) -China's pure electric vehicle sales slowed in January-February from the same period a year earlier, industry data showed on Friday, as competition intensified with market leader BYD heading a deeper round of price cuts. Sales of battery-powered EVs…
By Saqib Iqbal Ahmed NEW YORK (Reuters) - The dollar fell across the board on Thursday, as Federal Reserve Chair Jerome Powell said the U.S. central bank is "not far" from getting enough confidence that inflation is heading to its…
By Niket Nishant, Manya Saini and Tatiana Bautzer (Reuters) -New York Community Bank is seeing interest from non-bank bidders for some of its loans and will outline a new business plan next month, its new CEO said on Thursday after…
MILAN (Reuters) - Italy's Golden Goose said on Thursday its net revenues had risen 18% at constant exchange rate last year, as the Italian luxury sneaker maker is preparing for an initial public offering on the Milan bourse. Net revenues…
(Reuters) - Battery electric vehicles will be, on average, cheaper to produce than a comparable internal combustion engine by 2027 thanks to new manufacturing methods that are lowering production costs, market research firm Gartner said on Thursday. Gartner expects production…
MADRID (Reuters) - Spanish pharmaceutical company Rovi said on Thursday it had hired financial advisory and asset management firm Lazard to explore the sale of its third-party manufacturing business that it uses to make COVID vaccines. Madrid-based Rovi said it…
By Christian Kraemer and Christoph Steitz BERLIN/FRANKFURT (Reuters) -Tesla on Wednesday said its plant in Germany was expected to have no electricity until March 17, after a suspected arson attack left the company's gigafactory outside Berlin without power, forcing it…
By Akash Sriram and Stephen Nellis (Reuters) -Apple escalated its feud with Epic Games on Wednesday, blocking the Fortnite video-game maker from launching its own online marketplace on iPhones and iPads in Europe. The two companies have been in a…
