China's Evergrande files for bankruptcy
China's Evergrande Group filed for bankruptcy in New York on Thursday.
2023-08-18 05:29
Ford, partners pick Canada for $900 million battery materials plant
By Steve Scherer OTTAWA (Reuters) -A consortium of Ford Motor Co and South Korean companies on Thursday said they would
2023-08-18 00:45
A large health insurer is trying a new way to lower drug costs for millions of members
A major California health insurer is shaking up the prescription drug pricing system as it seeks to lower the cost of medication for its 4.8 million members.
2023-08-17 23:49
Stellantis invests more than $100 million in California lithium project
By Ernest Scheyder Automaker Stellantis said it would invest more than $100 million in California's Controlled Thermal Resources,
2023-08-17 18:26
Dollar shines on US economic resilience; Aussie tumbles after employment data
By Rae Wee SINGAPORE The dollar pushed the yen deeper into intervention territory on Thursday as a resilient
2023-08-17 10:24
'Ho-hum holiday' spending expected as shoppers deal with economic cross-currents
US consumers, trapped in a web of conflicting signals on the health of the economy and how it impacts their ability to shop for extras, might be forced to spend less enthusiastically on a key bucket of discretionary spending -- Christmas gifts, according to early forecasts of this year's holiday sales.
2023-08-16 19:51
Russia could reintroduce compulsory sale of FX revenues 'at any moment' -source
MOSCOW Russian authorities are discussing bringing back the compulsory sale of foreign currency revenues for exporters, five sources
2023-08-16 17:59
Pound rises after UK inflation data, yuan hits 9-month low
By Samuel Indyk and Rae Wee LONDON The pound was on track for its biggest one-day gain in
2023-08-16 17:28
How Argentina learned to love the US dollar
Stuffing your greenbacks into the "mattress bank" is a way of life for many Argentines.
2023-08-16 07:51
Bank of Ireland warning over cash machine glitch reports
The glitch reportedly allows people to withdraw large sums regardless of what is in their account.
2023-08-16 07:47
Dollar firm, yuan hits 9-month low after surprise China rate cut
By Brigid Riley and Kevin Buckland TOKYO The safe-haven dollar stayed firm against major peers while the yuan
2023-08-15 12:59
Activists back off Salesforce after share price recovery
By Svea Herbst-Bayliss NEW YORK Salesforce Inc was heavily criticized by several activist investors in early 2023 but
2023-08-15 08:18