Author Archives: Syndicated Content
Toyota hits record output, sales in FY2023/24
TOKYO (Reuters) - Toyota Motor said on Thursday its global sales and production hit record highs in the year ended March 31, thanks to robust demand in each region and the lack of semiconductor supply...
Apr 25, 2024
BASF post slight Q1 earnings drop but beats forecast
BERLIN (Reuters) - Germany's BASF said first-quarter adjusted earnings fell 5.3% compared with the same quarter last year, to 2.7 billion euros ($2.89 billion), but still came in above analysts' conse...
Apr 25, 2024
BHP to reshape copper market with Anglo bid
MELBOURNE (Reuters) - London-listed miner Anglo American said on Thursday it had received an all-share buyout proposal from BHP Group, a deal that would make the world's biggest listed miner also the ...
Apr 25, 2024
Morning Bid: Gearing up for the tech roller-coaster ride
A look at the day ahead in European and global markets from Ankur Banerjee Tech stocks are yet again set to sway the wider markets after a lacklustre forecast from Facebook parent Meta Platforms spark...
Apr 25, 2024
China stands by economic data, says defence spending 'transparent'
By Liz Lee BEIJING (Reuters) - China defended the veracity of its economic numbers and asserted its military spending was "transparent and reasonable", while dismissing as "typical double standards" c...
Apr 25, 2024
XPeng CEO says its software, AI upgrades to enter 'super fast cycle'
By Sarah Wu BEIJING (Reuters) - Chinese electric vehicle (EV) maker XPeng on Thursday said its software and artificial intelligence training upgrades will enter a "super fast cycle" from May, and that...
Apr 25, 2024
Slow, but solid US economic growth anticipated in Q1; inflation likely heats up
By Lucia Mutikani WASHINGTON (Reuters) - U.S. economic growth likely slowed to a still-solid pace in the first quarter while inflation accelerated, reinforcing financial market expectations that the F...
Apr 25, 2024
Mercedes-Benz to launch luxury electric van for Chinese market
FRANKFURT (Reuters) - Mercedes-Benz is planning to launch a luxury electric van for the Chinese market based on its VAN.EA platform, the head of the carmaker's vans division told German magazine Wirts...
Apr 25, 2024
Apple loses top spot in China market with shipments down 6.6% in Q1, data shows
(Reuters) - Apple lost its crown as China's biggest smartphone seller in the first quarter of 2024 as its smartphone shipments fell 6.6% from a year ago amid intense competition, preliminary data from...
Apr 25, 2024
US births retreat after pandemic-era growth
By Amina Niasse NEW YORK (Reuters) - The number of births in the United States fell by 2% in 2023 from the previous year, driven in part by a marked birth rate decline among older teenagers and women ...
Apr 25, 2024
