The China stock market has moved lower in two straight sessions, slipping more than 20 points or 0.6 percent along the way. The Shanghai Composite Index now rests just above the 3,025-point plateau although it may stop the bleeding on Friday. The global forecast for the Asian markets is upbeat on growing optimism over the...
By David Shepardson WASHINGTON (Reuters) - U.S. Commerce Secretary Gina Raimondo is leading a presidential trade and investment mission to the Philippines starting Monday as the United States looks to fortify economic ties across the region. Raimondo plans to tout the Philippines as a key hub for regional supply chains and investment in support of...
The Hong Kong stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had added more than 80 points or 0.5 percent. The Hang Seng Index now sits just beneath the 16,230-point plateau although it\'s expected to rebound again on Friday. The global...
By Lewis Jackson SYDNEY (Reuters) - Volkswagen (ETR:VOWG_p) Australia said on Monday it had quit the policymaking committee at the country\'s auto lobby, days after Tesla (NASDAQ:TSLA) cut ties with the group, as the German carmaker distances itself from a campaign against new fuel standards. In a letter sent to other members of the Federal...
U.K. stocks traded lower on Friday ahead of the release of key U.S. jobs data later in the day that could influence the Fed\'s rate trajectory. The benchmark FTSE 100 was down 18 points, or 0.2 percent, at 7,674 after edging up 0.2 percent on Thursday. Packaging firm Mondi gave up more than 2 percent...
(Reuters) -Qantas Airways , Australia\'s flag carrier, said on Monday that it is adjusting its schedule for a couple of days this week to mitigate any operational disruptions arising from a new planned strike by the pilots at its units. The airline expects that most customers will reach their destinations on the same day as...
European stocks struggled for direction on Friday as market focus shifted to Eurozone Q4 GDP data and the all-important February U.S. jobs report due later in the day. Germany\'s industrial production expanded in January, figures from Destatis showed earlier today. Industrial production posted a monthly growth of 1.0 percent, in contrast to the 2.0 percent...
Electric vehicle maker Rivian Automotive, Inc. announced the launch of new EV models, including the much awaited R2 electric sport-utility vehicle or SUV, with a view to tackling slowing vehicle demand and heightened competition in the EV industry. As part of its efforts to preserve cash to produce more affordable vehicles, the company also announced...
By Martin Coulter LONDON (Reuters) - An influx of artificial intelligence (AI) startups is heating up the battle for technical talent in Europe, leaving companies like Google (NASDAQ:GOOGL) DeepMind to choose between paying big or losing out on the region\'s best minds. The runaway success of OpenAI\'s ChatGPT has energised investors, who have been pouring...
SSR Mining Inc. (SSRM, SSRM.TO) announced Friday the reorganization of key roles and responsibilities within its executive leadership team. Michael Sparks, currently Executive Vice President, Chief Legal and Administrative Officer, will take on the role of Executive Vice President, Chief Financial Officer. Sparks succeeds Alison White, who is leaving the Company to pursue other opportunities....