[1/2]A person walks past a JD.com’s advertisement promoting Singles Day shopping festival, at a subway station in Beijing, China October 26, 2023. REUTERS/Tingshu Wang/File Photo Acquire Licensing Rights SHANGHAI, Nov 12 (Reuters) – Alibaba Group reported that its Chinese e-commerce platforms Tmall and Taobao recorded “positive” year-on-year growth over this year’s Singles Day sales period,… Continue reading article with gallery
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Exclusive: Exxon aims to begin lithium production by 2026 in Arkansas
[1/2]Darren Woods, CEO of ExxonMobil, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, U.S., May 1, 2023. REUTERS/Mike Blake/File Photo Acquire Licensing Rights Nov 11 (Reuters) – Exxon Mobil (XOM.N) is set to unveil its long-awaited lithium strategy on Monday with an announcement that it aims to start production of the… Continue reading Exclusive: Exxon aims to begin lithium production by 2026 in Arkansas
UAW workers at GM’s Flint plant narrowly vote against new labor deal
The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook Acquire Licensing Rights Show more companies Nov 10 (Reuters) – United Auto Workers (UAW) union members at General Motors’ (GM.N) Flint assembly plant in Michigan have narrowly voted against a proposed contract with… Continue reading UAW workers at GM’s Flint plant narrowly vote against new labor deal
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A Boeing logo is seen at the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 18, 2023. REUTERS/Benoit Tessier Acquire Licensing Rights LONDON, Nov 10 (Reuters) – Internal data from Boeing (BA.N), one of the world’s largest defence and space contractors, was published online on Friday by Lockbit, a cybercrime gang… Continue reading Untitled
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The logo of Industrial and Commercial Bank of China (ICBC) is pictured at the entrance to its branch in Beijing, China April 1, 2019. Picture taken April 1, 2019. REUTERS/Florence Lo/File Photo Acquire Licensing Rights LONDON, Nov 10 (Reuters) – Global regulators and bond traders were on Friday trying to gauge the impact of a… Continue reading Untitled
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The logo of Meta Platforms’ business group is seen in Brussels, Belgium December 6, 2022. REUTERS/Yves Herman Acquire Licensing Rights BRUSSELS, Nov 10 (Reuters) – Facebook owner Meta Platforms (META.O) and social media company Snap (SNAP.N) have been given a Dec. 1 deadline by the EU to give more information on how they protect children… Continue reading Untitled
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Indonesia to cap interest on loans given by fintech companies Indonesia will in stages lower the maximum interest rates charged by financial technology (fintech) firms in the microfinance sector, amid complaints that overly high rates have been hurting borrowers, the country’s financial regulator said on Friday. Go to Source
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Price wars during Chinese shopping fest expose consumer woes
The logo of e-commerce app Pinduoduo is displayed next to mobile phones displaying the app, in this illustration picture taken October 25, 2023. REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing Rights BEIJING, Nov 10 (Reuters) – A ferocious price war among China’s e-commerce retailers during the “Singles Day” shopping event is exposing further weakness in household consumption… Continue reading Price wars during Chinese shopping fest expose consumer woes
Focus: Investors pull away from GM’s Cruise bet
DETROIT, Nov 10 (Reuters) – General Motors’ (GM.N) bet that its Cruise robo-taxi unit will deliver $50 billion in revenue by 2030 is facing its toughest test. GM Chief Executive Mary Barra has stuck with Cruise in the face of skepticism from investors, arguing that Cruise technology will save lives – and become a significant… Continue reading Focus: Investors pull away from GM’s Cruise bet