Global shares drop as China optimism fades; Aussie tumbles
(Reuters) – Global equities fell on Tuesday as weak service sector data rekindled worries over China’s sputtering post-pandemic economy, while…
Qualcomm to supply BMW and Mercedes with chips for displays, voice features
(Reuters) – U.S. semiconductor company Qualcomm (NASDAQ:QCOM) on Tuesday said it will supply chips to power in-car infotainment systems to…
Renault CEO sees Ampere IPO valuation of up to 10 billion euros -FT
(Reuters) – The initial public offering (IPO) of Renault (EPA:RENA)’s Ampere electric vehicle division could get a valuation of up…
European stocks slide to one-week lows after weak China, euro zone data
(Reuters) – European shares fell to one-week lows on Tuesday, with economically sensitive sectors leading the selloff as weak services…
Some Country Garden creditors object to debt payment deal
(Reuters) – Chinese developer Country Garden faces a call from some smaller onshore bondholders for the nullification of a deal…
Volkswagen in ‘advanced talks’ with Mahindra on MEB platform
(Reuters) – Volkswagen (ETR:VOWG_p) said on Monday that it is in advanced talks with India’s Mahindra & Mahindra on the…
Chevron, unions begin mediation talks to avert Australia LNG strike
(Reuters) – Mediation talks to avert strikes at U.S. energy major Chevron (NYSE:CVX)’s two major liquefied natural gas (LNG) facilities…
Hedge funds drop short trades on U.S. regional banks – Goldman
(Reuters) – Hedge funds ditched short bets against U.S. regional banks as of the end of August and turned bullish…
Beijing exchange shares log record daily jump after reform measures
(Reuters) – Shares on China’s two-year-old Beijing stock exchange recorded their best daily performance ever on Monday, after the country…
European stocks higher; Lagarde speech in focus
European stock markets traded higher Monday, helped by gains in Asia after a strong week on Wall Street, ahead of…