Bank of England piles pressure on money market funds to bolster liquidity
(Reuters) – The Bank of England said on Tuesday that money market funds should hold “significantly” higher amounts of liquid…
Daimler Truck premieres new eActros 600 in step towards all-electric shift
(Reuters) – Mercedes-Benz (OTC:MBGAF) Trucks, the European division of commercial vehicle maker Daimler Truck, premiered its battery-electric long-haul truck eActros…
Bank of Baroda considers INR 10,000 crore infrastructure bond issuance
Bank of Baroda, a prominent player in the Banks industry, is contemplating raising INR 10,000 crore through an infrastructure bond…
Yuan’s exchange rate system managed by PBOC permits 2% fluctuation
On Tuesday, the People’s Bank of China (PBOC) continued to manage the yuan’s exchange rate against the U.S. dollar using…
Mercedes-Benz sales dip slightly in Q3 on model changes, lack of parts
(Reuters) – Sales of Mercedes-Benz (OTC:MBGAF) cars dipped slightly in the third quarter with a steeper drop in China and…
Bain Capital delays Virgin Australia listing until next year – source
(Reuters) – Bain Capital has put off its plans for an initial public offering of Virgin Australia airline to next…
U.S. employers covering weight-loss drugs could nearly double in 2024 – survey
(Reuters) – The number of U.S. employers who cover obesity medications, including Wegovy from Novo Nordisk (NYSE:NVO) that belongs to…
Tesla’s China-made EV sales volume falls 10.9% year-on-year in Sept
(Reuters) – U.S. automaker Tesla (NASDAQ:TSLA) sold 74,073 China-made electric vehicles (EVs) in September, a 10.9% decrease from a year…
Country Garden says can’t meet all offshore debt payments, setting stage for revamp
(Reuters) -Country Garden warned on Tuesday about its inability to meet offshore debt obligations, potentially joining a growing list of…
Russian rouble dives back towards over 18-month low vs dollar
(Reuters) – The Russian rouble dived towards 101 against the dollar on Tuesday, heading back towards a more than 18-month…