Author Archives: Syndicated Content
Airbus wins record 500-plane order from India’s IndiGo
By Tim Hepher, Joanna Plucinska and Aditi Shah PARIS/DELHI (Reuters) -Europe's Airbus secured a historic deal on Monday involving the most jets ever bought by a single airline, with an order for 500 n...
Jun 20, 2023
Oracle considers more investment in Israel – Netanyahu
JERUSALEM (Reuters) - Oracle Corp CEO Safra Katz discussed a possible expansion of the company's investment activity in Israel during a meeting on Tuesday with Prime Minister Benjamin Netanyhu, his of...
Jun 20, 2023
German producer prices rise in May
BERLIN (Reuters) - German producer prices rose in May when compared with the same month last year, according to data released on Tuesday. Producer prices of industrial products were up 1.0% compared w...
Jun 20, 2023
Ukraine builds layered air defences as Russia ramps up strikes
By Tom Balmforth NEAR KYIV, Ukraine (Reuters) - At a glance on a clear summer's afternoon, the U.S.-made Avenger air defence system is barely visible in the shadow of trees at the end of a dirt track ...
Jun 20, 2023
FACTBOX-How Alibaba’s six new business units stack up
(Reuters) - Alibaba Group Holding said on Tuesday that Eddie Yongming Wu, chairman of its Taobao and Tmall Group, will succeed Daniel Zhang as chief executive officer, in the company's biggest executi...
Jun 20, 2023
Exclusive – Canadian pension fund invests $400 million in Swedish battery maker Northvolt
By Tommy Wilkes, Simon Jessop and Supantha Mukherjee LONDON (Reuters) - Canada's Investment Management Corporation of Ontario (IMCO) has invested $400 million in battery producer Northvolt, which will...
Jun 20, 2023
Hyundai Motor to invest $85.41 billion by 2032 to accelerate EV plans
SEOUL (Reuters) - South Korea's Hyundai Motor Co plans to invest about 109.4 trillion won ($85.41 billion) in the period through to 2032, the company said on Tuesday, including around 35.8 trillion wo...
Jun 20, 2023
Foreigners biggest buyers of Asian bonds in two years
By Gaurav Dogra and Patturaja Murugaboopathy (Reuters) - Asian bonds attracted their highest monthly foreign inflows in about two years in May, boosted by hopes of less aggressive monetary tightening ...
Jun 20, 2023
Qatar set to strike second big LNG supply deal with China
By Andrew Mills and Maha El Dahan DOHA (Reuters) -Qatar is set to secure its second large gas supply deal with a Chinese state-controlled company in less than a year, sources familiar with the deal to...
Jun 20, 2023
Singapore’s Grab plans biggest round of job cuts since pandemic – Bloomberg News
SINGAPORE (Reuters) - Singapore-based Grab Holdings is preparing its biggest round of layoffs since the pandemic, Bloomberg News reported on Tuesday, citing people familiar with the matter. The reduct...
Jun 20, 2023
