Family-owned aluminum foundry trials new shift pattern Plan to maintain production and reduce gas usage Carmakers warn output cuts inevitable if suppliers close New gas-free… Read More »Aluminum foundry fights for survival in European gas crisis
Representations of cryptocurrency Bitcoin, Ethereum and Dash plunged into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access… Read More »Cryptoverse: Blockchain bridges fall into troubled waters
SoftBank was in a bubble on valuations- Son No sacred areas for cost cuts- Son SoftBank has exited stake in Uber Announced Y400 bln share… Read More »SoftBank plans Vision Fund job cuts after record net loss
Hong Kong CNN Business — China’s export sector delivered robust growth in July, providing much-needed support for the world’s second largest economy that is almost… Read More »China posts record $101 billion trade surplus but export boom could fade | CNN Business
Euro STOXX gains 0.8% Wall Street set to gain Markets narrow odds on 75 bp hike ahead of US CPI dollar falls Oil recoups early… Read More »World shares bounce after US jobs report sell-off
SHANGHAI/NEW YORK, Aug 8 (Reuters) – Billionaire hedge fund manager Ray Dalio’s huge popularity in China has not only drawn local investors flocking to his… Read More »Bridgewater pushes back against Chinese ‘All Weather’ copycats
China July exports grow at faster pace, beat forecast Imports again disappoint, highlighting weak domestic demand Trade balance hit record high in July Weak foreign… Read More »China’s exports gain steam but outlook cloudy as global growth cools
LONDON, Aug 5 (Reuters) – European equities slightly on Friday but were still set for a weekly gain, while traders waited for US jobs data… Read More »European stocks slip, oil recovers, traders await US jobs data
Oil hits pre-Ukraine lows as demand outlook worsens Bank of England expects recession throughout 2023 Treasury yield curve inversion deepens Dollar drops; sterling slides against… Read More »Oil drops with dollar on recession fears; Wall Street ends mixed
HONG KONG, Aug 4 (Reuters) – Tencent Holdings Ltd (0700.HK) plans to raise its stake in French video game group Ubisoft Entertainment SA (UBIP.PA) as… Read More »EXCLUSIVE Tencent seeks bigger stake in ‘Assassin’s Creed’ maker Ubisoft -sources