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© Reuters. FILE PHOTO: The 2019 Toyota RAV4 XSE Hybrid is presented at the New York Auto Show in the Manhattan borough of New York City, New York, U.S., March 28, 2018. REUTERS/Shannon Stapleton/File Photo By Daniel Leussink and Abhirup Roy TOKYO/SAN FRANCISCO (Reuters) -When Tony Le set out with…
© Reuters. Investing.com — The Dow closed lower Monday, pressured by a McDonald’s-driven wobble in consumer stocks and jump in Treasury yields after Chairman Jerome Powell shackled hopes of a sooner interest rate cut. By 16:00 ET (21:00 GMT), the slipped 274 points or 0.7%, the fell 0.3%, the tech-heavy…
In 2023, we have seen global central banks struggle with inflation. Following interest rate hikes by central banks worldwide, global inflation has fallen from around 10% in the summer of 2022 to its current level of less than 5%. As a consequence of rising interest rates, higher asset return requirements…
© Reuters. FILE PHOTO: The production line for the Boeing P-8 Poseidon maritime patrol aircraft is pictured at Boeing’s 737 factory in Renton, Washington, U.S. November 18, 2021. REUTERS/Jason Redmond/File Photo By Tim Hepher and Valerie Insinna (Reuters) -Boeing Co said on Sunday it will have to do more work…
© Reuters. FILE PHOTO: A scientist looks at scans of brains at the Memory Centre at the Department of Readaptation and Geriatrics of the University Hospital (HUG) in Geneva, Switzerland, June 6, 2023. REUTERS/Denis Balibouse/File Photo By Julie Steenhuysen and Andrew Silver CHICAGO/SHANGHAI (Reuters) – Japan’s Eisai aims to roll…
© Reuters. FILE PHOTO: The logo of Mercedes-Benz is seen outside a Mercedes-Benz car dealer in Brussels, Belgium June 1, 2023. REUTERS/Yves Herman/File Photo BEIJING (Reuters) – China’s market regulator approved a joint venture set up by Mercedes-Benz (OTC:) (China) Investment Limited and BMW (ETR:) Brilliance Automotive Ltd, the State…
© Reuters. Huawei expects 9% revenue growth in 2023 – Reuters According to Reuters, Huawei expects to report revenue exceeding 700 billion yuan ($98.5 billion) for 2023. The publication said the company’s rotating chairman, Ken Hu, revealed the number in an internal new year message, which it has seen. It…
© Reuters. (Reuters) -UnitedHealth Group said on Friday it had agreed to sell its operations in Brazil to the founder and former CEO of health insurance firm Qualicorp José Seripieri Filho. Last week, two sources had told Reuters about the sale of UnitedHealth (NYSE:)’s Brazilian health insurance operator Amil to…
© Reuters. Zeekr will begin selling EVs in Singapore in 2H24 China’s Geely-owned Zeekr announced Friday that the automaker has finalized an agreement with a Singaporean company to distribute right-hand drive models of its Zeekr 009 MPVs and Zeekr X urban SUVs to customers in Singapore. According to a spokesperson…
© Reuters. FILE PHOTO: A person holds pharmaceutical tablets and capsules in this picture illustration taken in Ljubljana September 18, 2013. REUTERS/Srdjan Zivulovic/File Photo By Michael Erman and Patrick Wingrove NEW YORK (Reuters) -Drugmakers including Pfizer (NYSE:), Sanofi (NASDAQ:) and Takeda Pharmaceutical plan to raise prices in the United States…