Unilever appoints chairman of Compass Group Meakins as chair designate
Consumer goods giant Unilever said on Friday it has appointed Ian Meakins as its chair designate, replacing current
2023-07-28 13:48
China Evergrande's EV unit shares plunge 69% after 16-month halt
By Clare Jim HONG KONG (Reuters) -Shares of China Evergrande New Energy Vehicle Group (NEV) plunged on Friday as trading
2023-07-28 10:48
Volkswagen Earnings Miss on Hedging Effects, China Pressure
Volkswagen AG posted worse-than-expected earnings in the second quarter amid negative effects from commodity hedging and intensifying competition
2023-07-27 13:47
VW-Xpeng Deal Is Evidence of China’s Growing EV Dominance
German auto giant Volkswagen AG’s $700 million investment in Xpeng Inc. is a vote of confidence in the
2023-07-27 11:48
Hong Kong’s Hang Seng Tech Index Rises 20% From May Low
A gauge of China tech shares traded in Hong Kong extended gains from a May low to 20%
2023-07-27 11:22
BOJ to keep ultra-low rates, may debate fine-tuning yield cap
By Leika Kihara TOKYO As aggressive U.S. interest rate hikes look like they might be nearing an end,
2023-07-27 10:23
Evercore hires veteran investment banker Bergstein from Morgan Stanley -sources
By David Carnevali and Mike Stone NEW YORK (Reuters) -Evercore has hired veteran Morgan Stanley banker Seth Bergstein as a
2023-07-27 09:24
Seven major automakers, including GM, Stellantis and Honda, join to create US charging network
Seven major automakers are coming together to create a joint venture that will build out a large electric vehicle fast-charging network in the North America, in an attempt to make electric vehicles more attractive to consumers. The companies -- General Motors, BMW Group, Honda, Hyundai, Kia, Mercedes-Benz and Stellantis -- plan to install at least 30,000 chargers in the United States and Canada.
2023-07-26 23:54
Mexico's Televisa posts big Q2 miss on Univision JV drop, satellite disconnections
By Kylie Madry MEXICO CITY Grupo Televisa reported a more than 95% slide in quarterly net profit on
2023-07-26 09:28
Lowe's rehires employee who tried to stop shoplifters
A 68-year-old woman has her job back after she was fired last month for attempting to stop shoplifters at a
2023-07-25 22:59
Countries could lose $4.7 trillion over the next decade to tax havens, tax group estimates
Thanks to legal tax avoidance strategies, illegal tax evasion schemes and creative accounting that rarely gets challenged by resource-starved authorities, countries around the world collectively stand to lose an estimated $4.7 trillion in revenue over the next decade unless substantial reforms are made to global tax rules.
2023-07-25 18:16
Unilever sees Chinese consumer confidence at 'historical low point'
By Richa Naidu LONDON British consumer goods giant Unilever said on Tuesday that China's declining property market and
2023-07-25 16:45