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G7 plans new vaccine effort for developing nations, Yomiuri reports

G7 plans new vaccine effort for developing nations, Yomiuri reports

May 13, 2023 | Asia, Business, Canada, Economy, Europe, Health, UK, US

TOKYO (Reuters) -The Group of Seven (G7) rich nations is set to agree on establishing a new programme to distribute vaccines to developing countries at next week’s summit of leaders, Japan’s Yomiuri newspaper said on Saturday. In addition to the G7, G20...
At G7, a warning about economic outlook as US debt crisis looms

At G7, a warning about economic outlook as US debt crisis looms

May 13, 2023 | Asia, Business, Economy, Europe, US

By Christian Kraemer and Leika Kihara NIIGATA, Japan (Reuters) -Finance leaders of the Group of Seven (G7) nations warned on Saturday of mounting economic uncertainty, in a subdued end to a three-day meeting overshadowed by concerns about the U.S. debt stalemate and...
Exclusive-G7 summit statement to target China’s ‘economic coercion’ -source

Exclusive-G7 summit statement to target China’s ‘economic coercion’ -source

May 13, 2023 | Asia, Business, Canada, Economy, Europe, Politics, UK, US

By Trevor Hunnicutt WASHINGTON (Reuters) -Leaders of the Group of Seven (G7) countries are set to discuss concern about China’s use of “economic coercion” in its dealings abroad as part of their larger joint statement next week, according to a U.S....
Indexes slip with tech-related shares; consumer sentiment drops

Indexes slip with tech-related shares; consumer sentiment drops

May 12, 2023 | Business, Economy, Top News, US

By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended slightly lower on Friday, led by weaker megacap shares following their recent rally, as data showed U.S. consumer sentiment dropped to a six-month low. The Dow was barely lower in its fifth straight...
France lands battery gigafactory with sweeteners, zero-carbon power

France lands battery gigafactory with sweeteners, zero-carbon power

May 12, 2023 | Asia, Business, Economy, Europe

By Gilles Guillaume and Elizabeth Pineau PARIS (Reuters) -France beat competition from Germany and the Netherlands for ProLogium’s first overseas car battery plant thanks to lobbying from President Emmanuel Macron, deal sweeteners and competitive power prices,...
Soros Fund Management cut Tesla stake, added Netflix in 1st quarter

Soros Fund Management cut Tesla stake, added Netflix in 1st quarter

May 12, 2023 | Asia, Business, Economy, US

By David Randall NEW YORK (Reuters) – Soros Fund Management, the family office of billionaire George Soros, slashed its stakes in electric vehicle makers Tesla Inc and Rivian Automotive in the first quarter, and added Netflix Inc shares, filings released Friday...
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