[ad_1] TOKYO (Reuters) – Volkswagen Group has held on to its position as the world’s top-selling automaker for the fifth year in a row, although the German group was edged out again by the Renault-Nissan-Mitsubishi
Alibaba sales grow at weakest pace in three years as slowing China bites
[ad_1] SHANGHAI (Reuters) – E-commerce giant Alibaba Group Holding Ltd’s quarterly revenue grew at its weakest pace since 2016, as the impact of a slowing Chinese economy and a crippling Sino-U.S. trade war kept buyers
Ministry of Corporate Affairs to probe allegations against Dewan Housing: government source
[ad_1] NEW DELHI (Reuters) – India’s Ministry of Corporate Affairs (MCA) has taken a “very serious note” of allegations of financial mismanagement against Dewan Housing Finance Corp Ltd (DHFL), a government source with direct knowledge
Alibaba revenue grows at weakest pace in 3 years as slowing China bites
[ad_1] SHANGHAI (Reuters) – E-commerce giant Alibaba Group Holding Ltd’s quarterly revenue grew at its weakest pace since 2016, as the impact of a slowing Chinese economy and a crippling Sino-U.S. trade war kept buyers
Election worries muddy waters for bond investors in India
[ad_1] MUMBAI (Reuters) – Doubts over how India will vote in a coming election and fears that the government will overspend persuading people to extend its mandate is keeping investors wary of buying bonds despite
Chinese EV carmaker NIO aims to raise $650 million via convertible bond
[ad_1] HONG KONG (Reuters) – Electric carmaker NIO Inc, among rivals to Tesla in China, launched a $650 million five-year convertible bond on Wednesday, aiming to use the proceeds to fund expansion. Chinese electric vehicle
U.S., China face deep trade, IP differences in high-level talks
[ad_1] WASHINGTON (Reuters) – The United States and China launch a critical round of trade talks on Wednesday amid deep differences over Washington’s demands for structural economic reforms from Beijing that will make it difficult
LG Display warns of panel price weakness as wearables boost fourth quarter profit
[ad_1] SEOUL (Reuters) – South Korea’s LG Display Co Ltd on Wednesday warned of weaker panel prices in the year ahead due to global economic uncertainty and U.S.- China trade tensions, as it posted a
Fed likely to hold rates steady as it navigates data blind spots
[ad_1] WASHINGTON (Reuters) – In the six weeks since a confident U.S. Federal Reserve raised interest rates in response to a “strong” U.S. economy, consumer confidence dropped, wholesale prices weakened, financial markets wobbled and home
Oil rises as traders expect Venezuelan supply disruptions amid U.S. sanctions
[ad_1] SINGAPORE (Reuters) – Oil prices rose on Wednesday as concerns about supply disruptions following U.S. sanctions on Venezuela’s oil industry outweighed downward pressure from a darkening outlook for the global economy. FILE PHOTO –