Reuters Asia Business

MILAN (Reuters) – A civil court in Turin, Italy, has ruled admissible a class action suit against Stellantis concerning potentially faulty airbags made by Japanese automotive parts company Takata, Stellantis and two consumer groups behind the legal action said on Monday. Affected vehicle owners have 150 days to join the class action, the two consumer …

Italy court allows class action against Stellantis over faulty airbags Read More »

MOSCOW (Reuters) -Kazakhstan’s oil output fell in the first two weeks of April by 3% from the March average, the energy ministry said on Monday, confirming a Reuters report, but is still above the OPEC+ quota it has pledged to meet after months of overproduction. Several other members of the OPEC+ group, including top producer …

Exclusive-Kazakhstan’s oil output down in early April, ministry says, still above OPEC+ quota Read More »

BEIJING (Reuters) – No country should bypass international laws to authorise resource exploration in the seabed, China’s foreign ministry said on Monday, following a report of U.S. plans to stockpile deep-sea metals to counter China’s dominance in the sector. The Trump administration is drafting an executive order to enable stockpiling of deep-sea metals found on …

China urges US to follow international law on reported deep-sea metals stockpile plan Read More »

GIJON, Spain (Reuters) – Surrounded by hundreds of Barbies at her home in the northern Spanish port of Gijon, TikTok influencer and collector Noemi de Lama has shared the news with her followers that U.S. tariffs are likely to drive up the price of their favourite dolls. De Lama, who goes by the name of …

Gloom in Barbieland as Trump tariffs drive up costs Read More »

ABOARD AIR FORCE ONE/TOKYO (Reuters) -U.S. President Donald Trump on Sunday said he doesn’t think a foreign company should control U.S. Steel, repeating comments made last week that dimmed hopes for the $15 billion bid by Japan’s Nippon Steel to buy the U.S. firm. Trump said on Wednesday he did not want to see U.S. …

Trump doubles down on keeping US Steel control in US hands Read More »

BEIJING (Reuters) -Chinese electric vehicle battery giant CATL’s first-quarter net profit grew at its fastest pace in nearly two years, while a rise in revenue ended five straight quarters of decline. Net profit in the first three months in 2025 rose 32.9% year-on-year to 14 billion yuan ($1.91 billion), a stock market filing showed on …

Chinese battery maker CATL’s Q1 profit grows at fastest pace in nearly 2 years Read More »

(Repeats story issued on April 11 with no changes to text.) SHANGHAI (Reuters) – Chinese bourses have set daily restrictions on net share sales by hedge funds and large retail investors, four sources said on Friday, as Beijing steps up support for its stock markets in an intensifying trade war with the United States.  Two …

Chinese exchanges restrict daily stock sales as trade war with US escalates, sources say Read More »