SEOUL (Reuters) -South Korea’s LG Chem said in a regulatory filing on Friday it will transfer its water solutions business to Korea Water Solution Holdings for 1.4 trillion won ($1.03 billion). (Reporting by Joyce Lee; Editing by Himani Sarkar)
By Jesus Calero (Reuters) -Global sales of electric and plug-in hybrid vehicles rose 24% in May compared with the same period a year ago, as strength in China offset slower growth in North America, according to market research firm Rho Motion. Electric vehicle sales in China surpassed over one million units in a single month …
Global EV sales rise in May as China hits 2025 peak -Rho Motion Read More »
(Reuters) -Alphabet’s Google said on Thursday it had resolved a brief global service disruption on its platforms that affected multiple services such as music streamer Spotify and instant messaging provider Discord.”The issue with Google Chat, Google Meet, Gmail, Google Calendar, Google Drive, Google Cloud Search, Google Tasks, Google Voice has been resolved for all affected …
Google says it has resolved global service outage impacting multiple platforms Read More »
By Jamie McGeever ORLANDO, Florida (Reuters) – TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist I’m excited to announce that I’m now part of Reuters Open Interest (ROI), an essential new source for data-driven, expert commentary on market and economic trends. You can find ROI on the Reuters …
(Corrects date in the dateline in an update of Thursday’s story) By Maki Shiraki TOYOTA CITY, Japan (Reuters) -Toyota Motor shareholders re-elected Akio Toyoda as chairman on Thursday, highlighting support among mom-and-pop investors even as the Japanese automaker’s $33 billion buyout of a group company draws criticism from overseas shareholders. Toyoda, formerly chief executive of …
Toyota chairman re-elected against backdrop of $33 billion buyout bid Read More »
(Reuters) -Binance will allow users in Syria to trade in cryptocurrencies, including bitcoin, on the platform following the United States’ decision to lift sanctions on the country last month, the company said on Thursday. Binance, the world’s largest cryptocurrency exchange, said that Syrians will be granted full access to its offerings, which include more than …
Crypto exchange Binance opens trading to Syrians after U.S. lifts sanctions Read More »
By David Lawder and Karin Strohecker (Reuters) -The International Monetary Fund said on Thursday that its next global growth forecast in July will take into account both positive and negative trade developments but declined to predict a tariff-driven GDP downgrade similar to that released by the World Bank this week. IMF spokesperson Julie Kozack said …
IMF says July forecasts to take into account trade deals, uncertainty Read More »
By Yantoultra Ngui SINGAPORE (Reuters) -Temasek has joined a consortium backed by Microsoft, BlackRock and tech investment company MGX to invest and expand artificial intelligence infrastructure, according to BlackRock’s investor day presentation slides on Thursday. The Singapore state investment company has joined AI Infrastructure Partnership, a group that also includes BlackRock’s Global Infrastructure Partners, the …
Temasek joins Microsoft, BlackRock and MGX to develop AI infrastructure Read More »
By Tassilo Hummel and Emma Rumney PARIS/LONDON (Reuters) -Negotiators representing French cognac producers suggested minimum prices for exports to China of between $20 and around $300 per litre as an opening bid in talks aimed at ending a tariff stand-off with China, a document seen by Reuters shows. The minimum prices are part of efforts to …
Exclusive-French cognac makers offer China minimum import prices to fend off tariffs Read More »
MILAN (Reuters) -Pirelli investors on Thursday approved the Italian tyremaker’s earnings report for last year despite the opposition of its largest shareholder, the Chinese state-controlled group Sinochem, the company said. The outcome of the vote suggests that Sinochem, whose influence over Pirelli has been restricted by the Italian government, no longer has effective control over …
Pirelli investors approve earnings despite opposition from China’s Sinochem Read More »
