By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – A sharp steady rise in overnight repurchase agreements is overwhelming banks that serve […]
Tesla CEO Musk unveils ‘Cybercab’ robotaxi as focus shifts to automation
By Abhirup Roy and Akash Sriram (Reuters) – Tesla CEO Elon Musk showcased on Thursday a long-awaited robotaxi with two […]
UK’s Saga shares soar on exclusive insurance talks with Belgium’s Ageas
LONDON (Reuters) -Shares in Saga soared 11% on Friday after the British over-50s holiday group and Belgian insurer Ageas said […]
Exclusive-Bain sought $10 billion valuation for Japan’s Kioxia, investors only wanted to pay half
By Miho Uranaka and Sam Nussey TOKYO (Reuters) – Investors pushed Bain Capital to almost halve the valuation it was […]
Sainsbury’s biggest investor QIA cuts holding
LONDON (Reuters) -The biggest shareholder in Sainsbury’s, the Qatar Investment Authority (QIA), is selling 306 million pounds ($399 million) worth […]
Stellantis dips after CEO Carlos Tavares to retire in 2026
(Reuters) – Milan-listed shares in Stellantis slipped around 1% on Friday after the carmaker confirmed the retirement of CEO Carlos […]
Hungary’s economy to get boost from housing next year, PM Orban says
By Gergely Szakacs and Anita Komuves BUDAPEST (Reuters) -Hungary’s economic growth will accelerate substantially in the first half of next […]
Porsche’s nine-month China sales plunge by third
STUTTGART (Reuters) – German sports car maker Porsche on Friday posted a 29% nine-month sales drop in China, joining peers […]
Chinese equities see record weekly inflows, Japan has biggest outflow in 20 years – Barclays
LONDON (Reuters) – Emerging market stocks saw record inflows in the week to Wednesday, Barclays said citing data from EPFR, […]
India’s high food inflation leaves less in lunch boxes of poor school children
By Jatindra Dash, Saurabh Sharma and Ira Dugal ODISHA, India (Reuters) – Nearly two years of elevated food inflation in […]