Page 1044 - Reuters

Battery giants face skills gap that could jam electric highway

LG Energy Solution (LGES), SK On, and Samsung SDI Co Ltd all rank in the top-six global battery makers, and supply the likes of Tesla Inc, Volkswagen and Ford Motor Co among others.

Global airlines deepen climate goal despite Chinese opposition

IATA Director General Willie Walsh acknowledged the goal would be "an additional challenge at a very difficult time," but appealed for unity.

Oil prices edge lower in wake of jump on OPEC+ supply restraint

Oil prices eased on Tuesday after climbing to their highest levels in years in the previous session on the decision by OPEC and allied major oil producers to maintain restraint on supply.

China crisis set to worsen as Evergrande rival Fantasia misses payment

Once China's top-selling property group, Evergrande is facing one of the country's largest-ever defaults as it struggles with more than $300 billion of debt

Qualcomm, SSW Partners to buy Veoneer in $4.5 billion deal

Veoneer's expertise in making advanced driver assistance systems (ADAS) made it an attractive takeover target for both Qualcomm and Canada's Magna.

Facebook, Instagram, WhatsApp partly reconnecting after six-hour outage

Facebook's engineering team apologised as the apps started to come back online

Nasdaq ends sharply lower; rising Treasury yields sink Big Tech

The Dow Jones Industrial Average fell 0.94% to end at 34,002.92 points, while the S&P 500 lost 1.30% to 4,300.46

WTO hikes trade forecasts but cautions on Covid-19 pandemic risk

The WTO said on Monday it expected merchandise trade would grow this year by 10.8% after a fall of 5.3% in 2020. In March, it had forecast 2021 growth of 8.0%

US trade chief seeks talks with China, won't rule out new tariff actions

Tai said Washington would keep all options open to push China to stop pouring billions of dollars of state subsidies into its semiconductor, steel and other industries

India to introduce flexible fuel vehicles soon to increase ethanol use

India will introduce flexible fuel vehicles soon as the country is aiming to achieve 20% ethanol-blending with gasoline by 2025, transport minister Nitin Gadkari told the Reuters Impact conference

Metlife boosts stake in Indian JV after investment limit relaxed

The deal will boost MetLife's stake in PNB MetLife to more than 47%

OPEC+ panel recommends sticking to oil output plan, sources say

A OPEC+ ministerial panel has recommended that the oil producing group stick to an existing pact to hike oil output by 400,000 barrels per day (bpd) in November

China Evergrande to raise $5 billion from property unit sale: Report

Evergrande is facing what could be one of China's largest-ever restructurings

Inflation and Evergrande keep world shares on back foot

Asian shares weakened, led by a 2.7% loss in Hong Kong while Japan's Nikkei slipped around 1%

India's September gold imports surge as prices correct ahead of festivals

Higher imports by the world's second-biggest bullion consumer could support benchmark gold prices

OPEC+ seen keeping oil output policy unchanged, OPEC+ sources say

OPEC and its allies are likely to stick to their existing agreement to add 400,000 barrels per day of oil to the market in November

China Evergrande to raise $5 billion from property unit sale: Report

China Evergrande will sell a half-stake in property management unit to Hopson for more than $5 bn, reports said, after both Evergrande and Hopson requested trading halts ahead of a major transaction

China tells Evergrande to avoid dollar bond default as deadline looms

Regulators said the company should communicate proactively with bondholders to avoid a default but didn't give more specific guidance

Evergrande to make small investors priority as debt deadline looms

Global markets have been on tenterhooks in recent weeks as looming payment obligations of Evergrande, which has a $305 billion mountain of debt

Indian rupee gains on dollars inflows; traders await auction outcome

The Fed said it will likely begin reducing its monthly bond purchases as soon as November and signalled interest rate hikes may follow more quickly than expected