BEIJING (Reuters) – China’s factory activity shrank at a sharper pace in December as surging COVID-19 infections disrupted production and weighed on demand after Beijing largely removed an[...]
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Updated
Foxconn’s COVID-hit China plant close to resuming full production -sources
By Yimou Lee TAIPEI (Reuters) -Foxconn’s COVID-hit iPhone plant in China’s Zhengzhou city is almost back to full production, with its December shipments reaching about 90% of initial plans[...]
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Tesla in pole position in Norway’s race to EV goal
By Victoria Klesty OSLO (Reuters) -Four out of five new cars sold in Norway in 2022 were battery powered, led by Tesla, but some in the industry say new taxes could thwart the country’s goal of[...]
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Singapore’s economy topped forecasts in 2022 but new risks growing
By Chen Lin SINGAPORE (Reuters) – Singapore’s economy grew faster that official forecasts in 2022 but slower activity in the fourth quarter points to significant risks ahead for the city-s[...]
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Irish manufacturing activity shrinks again in Dec – PMI
DUBLIN (Reuters) – Irish factory activity contracted for the second straight month in December, and at the same pace as November, after another sharp decline in new orders countered a slightly s[...]
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Brazil’s Petrobras to play leading role on refinery expansion -new energy minister
RIO DE JANEIRO (Reuters) -Brazil’s new mines and energy minister Alexandre Silveira said on Monday that state-run oil company Petrobras would play a leading role in expanding the refining sector[...]
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Brazil markets tumble on Lula’s first full day in office
By Anthony Boadle BRASILIA (Reuters) -Brazilian markets delivered a withering verdict on leftist President Luiz Inacio Lula da Silva’s first full day in office on Monday, after he pledged to pri[...]
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Polish regulator accuses T-Mobile of misleading advertising
WARSAW (Reuters) -Polish regulator UOKiK has accused the Polish unit of T-Mobile of misleading advertising relating to a free mobile data offer, with the company potentially facing a fine of 10% of an[...]
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European shares start 2023 on upbeat note on encouraging factory data
By Bansari Mayur Kamdar (Reuters) -European shares rose in the first trading session of 2023 on Monday as euro zone manufacturing data suggested the worst had passed after a year marred by fears of a[...]
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