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06 May

Exclusive: CATL planning EV battery production in United States, vetting sites - sources

CATL, the world's largest battery maker, is in the final stages of vetting sites in the United States to build electric vehicle batteries, an investment that would mark the Chinese company's first production in the world's second-largest car market, two people with knowledge of the plans told Reuters.

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06 May

Analysis: Buckle up, say traders as Wall Street's wild ride shows no sign of end

A massive two-day swing in U.S. stocks highlights a trend that some market participants believe will be a hallmark for months to come: intense volatility.

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06 May

Brazil's Petrobras posts $9 billion profit as Bolsonaro rails against company

Brazil's Petrobras posted a first-quarter net income that beat forecasts on Thursday, just minutes after Brazilian President Jair Bolsonaro railed against the state-run oil company's profitability, saying its executives had no sympathy for ordinary people.

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06 May

Wrangle over EU carbon market revamp threatens climate targets

Officials and lawmakers negotiating an overhaul of the EU carbon market are struggling to reach a compromise over plans to levy CO2 costs on suppliers of polluting fuels, potentially putting the bloc's climate change targets at risk.

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05 May

Tokyo consumer prices rise at fastest pace in 7 years

Core consumer prices in Tokyo, considered a leading indicator of Japanese price trends, rose 1.9% in April from a year earlier, marking the fastest annual pace in seven years, government data showed on Friday.

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06 May

Australia's central bank drastically raises inflation forecasts, flags more rate hikes

Australia's central bank on Friday drastically revised up forecasts for inflation, foreshadowing how far interest rates might have to rise to bring the country's cost of living crisis under control.

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05 May

Fast-fashion chain Primark expands sustainable cotton programme

Primark, one of Europe's biggest fast fashion chains, has pledged to train an additional 125,000 smallholder cotton farmers in more sustainable farming methods in India, Pakistan and Bangladesh by the end of 2023.

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Latest Articles

  • China receives US equipment to make advanced chips despite new rules - report
  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
  • Google's expert in US antitrust trial defends billions paid to device makers
  • Post-strike Hollywood rushes to get film, TV sets humming

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