Author Archives: Syndicated Content
Baidu-backed Chinese EV startup WM Motor raises $1.5 billion
BEIJING (Reuters) - Baidu-backed Chinese electric vehicle (EV) startup WM Motor said on Tuesday it has raised 10 billion yuan ($1.47 billion) in its latest funding round. As enthusiasm builds for more...
Sep 21, 2020
Some Australian states relax borders as infections ease, hotspot cases rise
SYDNEY (Reuters) - Australia's virus hotspot of Victoria on Tuesday reported a more than doubling in new COVID-19 infections likely as a result of increased testing, while states elsewhere in the coun...
Sep 21, 2020
California firefighters race to subdue flames before heat and winds return
By Steve Gorman LOS ANGELES (Reuters) - Five weeks after California erupted in deadly wildfires supercharged by record heat and howling winds, crews battling flames pushed on Monday to consolidate the...
Sep 21, 2020
China fines Luckin Coffee, associated firms combined $9 million
BEIJING (Reuters) - China's markets regulator said on Tuesday it has fined a group of 45 firms including Luckin Coffee a combined 61 million yuan ($8.98 million) for acts linked to Luckin's falsificat...
Sep 21, 2020
Oil rises as U.S. storm eases, but demand worries linger
By Sonali Paul MELBOURNE (Reuters) - Oil rose in early trade on Tuesday, paring sharp overnight losses, as the latest tropical storm in the Gulf of Mexico lost strength, but worries about fuel demand ...
Sep 21, 2020
Coronavirus dampens seasonal cheer in China’s Christmas production hub
By Sophie Yu and Brenda Goh YIWU/SHANGHAI, China (Reuters) - At the Yiwu Fuye Christmas factory in eastern China, workers are stitching and testing out Santa Claus toys, checking they play a Christmas...
Sep 21, 2020
Beijing unlikely to approve ByteDance’s TikTok deal with Oracle: Global Times
SHANGHAI (Reuters) - A deal China's ByteDance has struck with Oracle Corp and Walmart Inc over the future of its video-streaming app TikTok is unlikely to receive Chinese government approval, state-ba...
Sep 21, 2020
Vietnam central bank reports 4.81% credit growth as of September 16 versus end-2019
HANOI (Reuters) - Vietnamese banks' total lending rose 4.81% as of Sept. 16 from the end of last year, the State Bank of Vietnam said on Tuesday. Vietnam's economic growth traditionally relies heavily...
Sep 21, 2020
Brazil’s Petrobras opens rebidding for refinery, but sources say keeping it not ruled out
By Sabrina Valle SAO PAULO (Reuters) - Brazilian oil company Petrobras said on Monday it will open another round of bidding for its Repar refinery in the state of Parana after receiving binding offers...
Sep 21, 2020
Surging dollar holds near six-week high as virus fears return
By Tom Westbrook SINGAPORE (Reuters) - A resurgent dollar held on to overnight gains on Tuesday after virus fears and worries about U.S. stimulus drove a wave of selling in just about everything else....
Sep 21, 2020
