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18 Feb

Renault to accelerate state aid repayment after swinging back to profit

PARIS (Reuters) -Renault plans to repay the state aid it received in the coronavirus pandemic ahead of schedule, the French carmaker said on Friday, after it swung to profit in 2021, beating expectations as it reversed out of two straight years of losses.

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18 Feb

Renault swings back to profit after two years of losses

Renault said on Friday it returned back to the black in 2021, beating expectations and reversing out of two straight years of losses aggravated by the coronavirus pandemic and subsequent chip supply issues weighing on the auto industry.

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18 Feb

Oil headed for weekly fall, prospect of Iran deal stokes fears of extra supply

NEW DELHI (Reuters) -Oil prices extended losses on Friday, and were headed for a weekly fall, as the prospect of extra supply from Iran returning to the market outweighed fears of a possible supply disruption arising from a Russian invasion of Ukraine.

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18 Feb

Credit Suisse banker in cocaine-cash trial says murders dismissed by management

Credit Suisse learned of murders and cocaine smuggling allegedly connected to a Bulgarian gang but continued to manage cash that is now the focus of a criminal trial, a banker accused of money laundering told a Swiss court during the case.

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18 Feb

Indonesia records first annual current account surplus in a decade

Indonesia booked a current account surplus for the first time in a decade in 2021, data showed on Friday, but its balance of payments came under pressure in the final quarter due to bond market outflows, as well as higher imports and freight costs.

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18 Feb

Taiwan January export orders seen rising for 23rd straight month - Reuters poll

Taiwan's export orders likely rose in January for the 23rd straight month, a Reuters poll showed on Friday, supported by sustained global demand for semiconductors and tech products.

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18 Feb

China's 'dynamic' zero-COVID strategy will boost economy - watchdog

China's "dynamic clearance" strategy aimed at minimising COVID-19 infections is boosting the economy, not undermining it, the country's top anti-corruption body said on Friday in response to concerns about the prospects for growth this year.

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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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