China’s car sales extend decline in November in biggest drop in 10 months
Car sales -8.5% y/y in Nov vs -0.8% y/y in Oct Boost from front-loading of govt subsidised purchases…
Only a few automakers to keep up AI push, Gartner says
BERLIN, Dec 8 (Reuters) – Only a handful of automotive companies are likely to sustain ambitious artificial intelligence…
China’s exports top expectations on strong sales to non-US markets
Exports top expectations as non-US shipments lead amid high US tariffs Imports underperform, pointing to still-subdued domestic demand…
Morning Bid: ‘Tis the season for macro forecasts
LONDON, December 5 (Reuters) – Everything Mike Dolan and the ROI team are excited to read, watch and…
Exclusive: Baidu’s Kunlunxin, valued at close to $3 billion, eyes Hong Kong IPO, sources say
Dec 5 (Reuters) – Kunlunxin, the AI chip unit of Chinese internet search giant Baidu (9888.HK), opens new…
Brazil soy exports jump 64% in November ahead of Chinese shift to US
SAO PAULO, Dec 4 (Reuters) – Brazil’s soybean exports jumped 64% in November from a year ago to…
Japan’s Nikkei skids in subdued Asia as bets of rate hike grow
Nikkei falls 1.5%, shares elsewhere subdued Japan spending data weak BOJ widely expected to hike rates this month…
CEOs see younger consumers driving growth amid tariffs, AI changes
NEW YORK, Dec 4 (Reuters) – Younger shoppers are helping to drive growth in some consumer products like…
Taiwan to ban China’s Xiaohongshu app for one year on fraud concerns
Item 1 of 2 A man walks past the booth of Chinese startup Xiaohongshu, which means “little red…
Multilateralism works even as US, fossil fuel industry oppose climate action, UN chief says
COP30 summit outcome disappointing but shows multilateralism works, Guterres says Guterres concerned about missing 1.5 C temperature goal,…
Bessent says Fed rate cuts needed, China making good on soybean purchases
NEW YORK, Dec 3 (Reuters) – U.S. Treasury Secretary Scott Bessent on Wednesday expressed optimism about the economic…
Trump’s NASA pick stresses moon race urgency, pressed on Musk ties in Senate hearing
Trump renominated Isaacman after withdrawing him in May Democrats concerned about nominee’s ties to Elon Musk WASHINGTON, Dec…