Government 04 September 2023, 11:21 am 1 minute By Reuters News Agency China’s foreign ministry has confirmed Reuters exclusive report that Premier Li Qiang will lead the country’s delegation at this week’s G20 summit in India, in the place of President Xi Jinping. Xi has participated in all previous G20 meetings of world leaders during

Technology 28 August 2023, 11:03 am 1 minute By Reuters News Agency Reuters was first to report U.S. Commerce Secretary Gina Raimondo discussed concerns about restrictions on chipmakers Intel and Micron with Chinese Commerce Minister Wang Wentao in Beijing on Monday. The pair also discussed China’s restrictions on gallium and germanium exports in the conversation.

Business & Finance 25 August 2023, 7:27 pm 1 minute By Reuters News Agency China’s blue-chip CSI 300 Index jumped roughly 3% on Monday after the country confirmed a Reuters scoop on slashing stamp duty on stock trading. Reuters exclusively reported that Chinese authorities were planning to cut stamp duty on stock trading by as

Business & FinanceDeals 25 August 2023, 7:11 pm 1 minute By Reuters News Agency Reuters was first to report that Hostess Brands, the maker of Twinkies snack cakes, is exploring a sale after fielding takeover interest from major snack food makers. Hostess became an acquisition target after it raised prices on some of its products

Health 25 August 2023, 6:39 pm 1 minute By Reuters News Agency Reuters exclusively reported that Novo Nordisk has hired Thermo Fisher as its second contract manufacturer for its hugely popular weight-loss drug Wegovy. Novo Chief Financial Officer Karsten Munk Knudsen told Reuters in May the company had signed up a second contract manufacturer in

AutomotiveEnergy 25 August 2023, 2:26 pm 1 minute By Reuters News Agency Reuters was first to report India is working on a new electric vehicle policy that would slash import taxes for automakers that commit to some local manufacturing, following a proposal by Tesla which is considering entering the domestic market. The policy being considered

Business & Finance 25 August 2023, 2:00 pm 1 minute By Reuters News Agency Reuters exclusively reported that China’s central bank has asked domestic banks to limit outflows into foreign bonds, the latest in the raft of steps authorities are taking to contain yuan weakness.  Market Impact The move is the latest in a raft

Business & Finance 24 August 2023, 10:40 am 1 minute By Reuters News Agency Reuters was first to report when Turkey’s central bank shocked markets by hiking its interest rate by 750 basis points to 25%, three times the size of the expected tightening. The lira currency immediately rallied more than 7%, bank stocks jumped

Business & Finance 17 August 2023, 8:14 pm 1 minute By Reuters News Agency Reuters exclusively reported that the world’s second-biggest fashion retailer H&M (HMb.ST) has decided to gradually stop sourcing from Myanmar, as reports of labor abuses in garment factories in the country increase. Market Impact H&M became the latest brand to cut ties

Business & Finance 16 August 2023, 7:58 pm 1 minute By Reuters News Agency Reuters exclusively reported that Bridgewater Associates’ flagship fund had a bearish view on U.S. stocks in late July just as a rally that saw the benchmark S&P 500 soar this year was about to lose steam, according to a presentation to