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Updated

Dollar jumps, U.S. stocks buck global rally

BY Reuters  • January 3, 2023January 3, 2023
By Amanda Cooper and Koh Gui Qing LONDON/NEW YORK (Reuters) -The dollar jumped on Tuesday as oil prices sank, while U.S. stocks bucked a global equities rally in a macro-packed week that could offer a[...]
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Asia Australia Business Economy Europe Updated US

Tesla shares suffer New Year’s hangover on demand worries, delivery issues

BY Reuters  • January 3, 2023January 3, 2023
By Aditya Soni and Eva Mathews (Reuters) -Tesla Inc shares kicked off 2023 with a thud, plunging more than 12% on Tuesday on growing worries about weakening demand and logistical problems that have ha[...]
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Business Economy Top News Updated

Exclusive-World Bank seeks more funds to address climate change, other crises -document

BY Reuters  • January 3, 2023January 3, 2023
By David Lawder WASHINGTON (Reuters) -The World Bank is seeking to vastly expand its lending capacity to address climate change and other global crises and will negotiate with shareholders ahead of Ap[...]
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Economy Environment Politics Top News Updated US

Toyota’s Indian unit warns of a possible customer data breach

BY Reuters  • January 3, 2023January 3, 2023
(Reuters) -A data breach at Toyota Motor’s Indian business might have exposed some customers’ personal information, it said on Sunday. Toyota India said it has notified the relevant Indian[...]
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Asia Business Technology Updated

South Korea fines Tesla $2.2 million for exaggerating driving range of EVs

BY Reuters  • January 3, 2023January 3, 2023
SEOUL (Reuters) – South Korea’s antitrust regulator said it would impose a 2.85 billion won ($2.2 million) fine on Tesla Inc for failing to tell its customers about the shorter driving ran[...]
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Asia Business Environment Technology Updated US

Shaw Communications falls as court stay on Rogers deal sparks uncertainty

BY Reuters  • January 3, 2023January 3, 2023
(Reuters) -Shares of Shaw Communications Inc fell on Tuesday after a Federal Court put a stay on the telecom company’s C$20 billion merger with Rogers Communications Inc following a request from[...]
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Business Canada Technology Updated

Google alleges India antitrust body copied parts of EU order on Android abuse

BY Reuters  • January 3, 2023January 3, 2023
By Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) – Google has told a tribunal in India that the country’s antitrust investigators copied parts of a European ruling against the U.S.[...]
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Asia Business Technology Top News Updated US

France’s InVivo to buy one of the world’s oldest malthouses in Belgium

BY Reuters  • January 3, 2023January 3, 2023
PARIS (Reuters) – Malteries Soufflet, a branch of French agribusiness group InVivo, said on Monday it had signed an agreement to take over Belgian malthouse Castle Malting, one of the oldest pro[...]
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Business Europe Updated

Exclusive-Tesla makes China boss highest-profile executive after Musk

BY Reuters  • January 3, 2023January 3, 2023
(Reuters) -Tesla Inc’s China chief Tom Zhu has been promoted to take direct oversight of the electric carmaker’s U.S. assembly plants as well as sales operations in North America and Europe, acc[...]
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Asia Business Technology Updated US
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