Oil edges up on supply cuts, demand hopes
(Reuters) -Oil prices edged higher on Tuesday supported by supply cuts by the world’s biggest oil exporters and continued hopes…
China gallium curbs raise chip questions for future EV models
(Reuters) – China’s looming gallium export controls leave automakers with a dilemma over whether they can continue to rely on…
Stocks rise, dollar retreats ahead of inflation data
(Reuters) – Global shares rose and the dollar eased on Tuesday ahead of U.S. inflation data that could support a…
Singapore’s Temasek reports portfolio value drop, positive on China tech
(Reuters) – Singapore investment firm Temasek Holdings on Tuesday posted a 5.2% drop in its net portfolio value to S$382…
European stocks largely higher; FTSE underperforms after wage growth
European stock markets traded largely higher Tuesday, following gains on Wall Street and Asia overnight, but FTSE 100 underperformed after…
Australia court approves $300M money laundering fine for Blackstone’s Crown Resorts
(Reuters) – An Australian court signed off on a A$450 million ($300 million) fine for Blackstone-owned owned casino operator Crown…
Mercedes sales rise in Q2 on top-end, electric vehicles
(Reuters) – Mercedes Benz Group (ETR:MBGn) sales in the second quarter rose 6% year-on-year – a total of 515,700 vehicles…
Japan stocks higher at close of trade; Nikkei 225 up 0.04%
Japan stocks were higher after the close on Tuesday, as gains in the Retail, Mining and Transportation Equipment sectors led…
Geely, Renault strike deal to develop gasoline engines, hybrid technology
(Reuters) – China’s Geely Automobile Holdings (OTC:GELYF) and French car maker Renault SA (OTC:RNLSY) on Tuesday said they will invest…
Meta’s Twitter rival Threads hits 100 million users in record five days
(Reuters) – Meta Platforms’ Twitter rival Threads crossed 100 million sign-ups in five days, CEO Mark Zuckerberg said on Monday,…