[ad_1] LONDON (Reuters) – British consumers failed to increase their spending for a record fifth month in a row in December, adding to signs of economic weakening that might prompt the Bank of England to
Echoes of 2000: bond and tech funds on fire – BofA
[ad_1] LONDON (Reuters) – Bond funds sucked in $16.6 billion in the week to Wednesday, with investor euphoria sending bond yields lower even as global economy shows traces of improvement, BofA said on Friday. Bond
Exclusive: HSBC cutting around 100 staff in equities business – sources
[ad_1] FILE PHOTO: HSBC logo is seen on a branch bank in the financial district in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid/File Photo HONG KONG/LONDON (Reuters) – HSBC is cutting around 100 roles
Fiat Chrysler and Foxconn plan push into Chinese electric car market
[ad_1] MILAN (Reuters) – Automaker Fiat Chrysler (FCHA.MI) plans to set up a joint venture with the parent of iPhone assembler Foxconn to build electric cars and develop internet-connected vehicles in China, as it looks
Renault expects slight 2020 car market decline in Europe, Russia and China
[ad_1] PARIS (Reuters) – Renault said on Friday it expected a slight decline in the car market in Europe, Russia and China this year after the French carmaker reported a 3.4% fall of worldwide sales
China’s Great Wall agrees to buy General Motors’ India plant – sources
[ad_1] NEW DELHI (Reuters) – Chinese automaker Great Wall Motor has agreed to buy General Motors’ (GM) car plant in Maharashtra, two sources aware of the matter said, setting in motion its plan to build
Alphabet public market capitalization tops $1 trillion
[ad_1] FILE PHOTO: The Google logo is pictured atop an office building in Irvine, California, U.S. August 7, 2017. REUTERS/Mike Blake NEW YORK (Reuters) – The public market capitalization of Google parent Alphabet (GOOGL.O) topped
Asian shares firm as China’s GDP raises hopes of recovery
[ad_1] SHANGHAI (Reuters) – Asian shares rose on Friday after global stock indexes and Wall Street posted more records, and as China’s economic growth matched expectations in spite of U.S. trade pressures. FILE PHOTO: A
Barrick Gold forges ahead on Papua New Guinea mine in face of local backlash
[ad_1] MELBOURNE (Reuters) – Barrick Gold Corp (ABX.TO) (GOLD.N) is set to elevate its troubled Papua New Guinea mine to its top-tier assets, despite landowner and government demands to cede a larger stake and deteriorating
China to curb farming near rivers in push to reverse water pollution – official
[ad_1] BEIJING/SHANGHAI (Reuters) – China will impose more curbs on agriculture and widen restrictions on industrial development in the next five years in a bid to protect scarce, already contaminated water supplies from further pollution,