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Category: Economy

‘Chinese storm’ looming over Europe’s EV sector, Renault chairman warns
AsiaBusinessEconomyEurope

‘Chinese storm’ looming over Europe’s EV sector, Renault chairman warns

By Mathieu Rosemain AIX-EN-PROVENCE, France (Reuters) – A “Chinese storm” is looming over Europe’s growing electric vehicle (EV) sector, Renault…

July 8, 2023July 8, 2023
San Francisco’s new venture capital hotspot: The Presidio
BusinessEconomyEntertainment and LifestyleTop News

San Francisco’s new venture capital hotspot: The Presidio

By Krystal Hu SAN FRANCISCO (Reuters) – Venture capital firm Headline used to be in one of San Francisco’s most…

July 8, 2023July 9, 2023
TotalEnergies boss: 2024 U.S. election could cause energy shock
BusinessEconomyElectionsEuropeUS

TotalEnergies boss: 2024 U.S. election could cause energy shock

PARIS (Reuters) – The U.S. presidential election could trigger a major energy shock if Republicans were to win and decide…

July 8, 2023July 8, 2023
Ant’s surprise share buyback values firm at steep 75% discount to IPO
BusinessEconomyTechnology

Ant’s surprise share buyback values firm at steep 75% discount to IPO

By Julie Zhu and Josh Ye HONG KONG (Reuters) -Ant Group on Saturday announced a surprise share buyback that values…

July 8, 2023July 8, 2023
Wall Street ends choppy day lower after jobs data
BusinessEconomyTop NewsUS

Wall Street ends choppy day lower after jobs data

By Lewis Krauskopf, Bansari Mayur Kamdar and Johann M Cherian (Reuters) – Wall Street’s main indexes ended lower on Friday…

July 7, 2023July 7, 2023
Robots say they won’t steal jobs, rebel against humans
AsiaBusinessEconomyEntertainment and LifestyleEuropeHealthOddly EnoughScienceTechnologyTop News

Robots say they won’t steal jobs, rebel against humans

By Emma Farge GENEVA (Reuters) -Robots presented at an AI forum said on Friday they expected to increase in number…

July 7, 2023July 7, 2023
Republicans question BlackRock fund governance, revisiting old concerns
BusinessEconomyEnvironmentPoliticsTop NewsUS

Republicans question BlackRock fund governance, revisiting old concerns

By Ross Kerber (Reuters) – A group of 15 Republican state attorneys general have questioned whether directors of BlackRock mutual…

July 7, 2023July 9, 2023
Uber, DoorDash sue New York City over minimum wage law
BusinessEconomyPoliticsTechnologyUS

Uber, DoorDash sue New York City over minimum wage law

By Daniel Wiessner (Reuters) -Uber Technologies Inc, DoorDash Inc and other app-based food delivery companies filed lawsuits on Thursday seeking…

July 7, 2023July 7, 2023
Where are germanium and gallium produced, what are they used for?
AsiaBusinessEconomyEuropePoliticsUS

Where are germanium and gallium produced, what are they used for?

(This July 4 story has been refiled to specify data on gallium is for primary gallium only in paragraph 12…

July 7, 2023July 7, 2023
Wall St logs sharp losses as labor market strength stokes rate-hike fears
BusinessEconomyUS

Wall St logs sharp losses as labor market strength stokes rate-hike fears

By Lewis Krauskopf, Bansari Mayur Kamdar and Johann M Cherian (Reuters) – Wall Street’s main indexes ended sharply lower on…

July 6, 2023July 6, 2023

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