Wednesday, November 6, 2024

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As ASEAN Summit wraps, Trudeau says Canada needs to keep showing up in Southeast Asia

VIENTIANE — Canada needs to keep up its presence in Southeast Asia if it wants to benefit from the region's economic boom, Prime Minister...

In France’s Cognac, Beijing and Brussels’ EV spat spells disaster

By Sybille de La HamaideCOGNAC, France (Reuters) - In this grape-growing region of western France, where brandy producers are fretting over the fallout from...

Faster move to neutral rate could help Bank of Canada fend off below-target inflation

By Fergal SmithTORONTO (Reuters) - The Bank of Canada is likely to lower interest rates to a neutral setting that neither restricts nor stimulates...

Tesla robotaxi event was long on promises, but investors wanted more details

By Chris KirkhamLOS ANGELES (Reuters) - For a businessman who perpetually struggles with broken promises, Elon Musk gave himself quite a to-do list Thursday...

Exclusive-Northvolt in talks for about 200 million euros in funding – sources

By Anousha Sakoui, Christina Amann and Marie MannesLONDON/FRANKFURT/STOCKHOLM (Reuters) - Northvolt is in talks with investors and lenders to secure about 200 million euros...

Exclusive-Bain sought $10 billion valuation for Japan’s Kioxia, investors only wanted to pay half

By Miho Uranaka and Sam NusseyTOKYO (Reuters) - Investors pushed Bain Capital to almost halve the valuation it was seeking for Japan's Kioxia in...

Brembo buys suspension maker Ohlins Racing for $405 million

MILAN (Reuters) - Italy's Brembo said on Friday it had agreed to buy suspension technology manufacturer Ohlins Racing for $405 million, in the premium...

Asian stocks follow Wall Street decline; markets wait for China policy briefing

HONG KONG (AP) — Asian stocks were mostly lower on Friday as Chinese markets declined as investors await a key briefing about the details...

UK Economy Saw Return to Growth Before Budget Jitters Took Hold

(Bloomberg) -- The UK economy returned to growth in August, putting Prime Minister Keir Starmer on track for a modest recovery before worries about...

Chennai Petroleum in Talks to Raise $3.3 Billion for Refinery

(Bloomberg) -- Chennai Petroleum Corporation Ltd. is in talks with banks to raise a 280 billion rupee ($3.3 billion) loan to help build a...

Gunmen kill 20 miners in an attack in southwest Pakistan ahead of an Asian security summit

QUETTA, Pakistan (AP) — Gunmen killed 20 miners and wounded another seven in Pakistan’s southwest, a police official said Friday, drawing condemnation from authorities...

Elon Musk unveils Tesla’s ‘Cybercab,’ plans to bring autonomous driving tech to other models in 2025

LOS ANGELES (AP) — Tesla unveiled its long-awaited robotaxi at a Hollywood studio Thursday night, though fans of the electric vehicle maker will have...

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