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Tag: investors

Russian rouble firms towards 62 vs euro, stocks down

The Russian rouble firmed in early trade on Thursday, heading towards 62 against the euro on the Moscow Exchange, while stock indexes inched lower, lacking new momentum and trading ideas.

Disney+ takes on rivals in Middle East streaming market

Disney+ (DIS.N) launched its steaming service in the Middle East and North Africa on Wednesday, vying for market share in a region where the population is young but few people so far use such services.

U.S. to propose standards for government funded EV charging projects

The U.S. Transportation Department (USDOT) is on Thursday proposing minimum standards and requirements for electric vehicle (EV) charging projects funded under a $5 billion government program.

Qatar picks Exxon, Total, Shell, Conoco for mega-LNG expansion – sources

Qatar has picked Exxon Mobil Corp , TotalEnergies SE (TTEF.PA), Shell (SHEL.L) and ConocoPhillips (COP.N) as partners in the expansion of the world’s largest liquefied natural gas (LNG) project, people with knowledge of the matter said on Tuesday.

Exclusive: Didi pursues EV stake, aiming to emerge from regulatory shadows

China’s Didi is in talks with state-backed Sinomach Automobile (600335.SS) to buy a third of its electric-vehicle unit, two sources said, signalling the ride-hailer’s regulatory troubles are in the rear view mirror as it focuses on growth.

Exclusive: Under Biden, China has widened trade lead in much of Latin America

China has widened the gap on the United States in trade terms in large swathes of Latin America since U.S. President Joe Biden came into office early last year, data show, underscoring how Washington is being pushed onto the back foot in the region.

Microsoft cuts Russia operations due to Ukraine invasion – Bloomberg News

Microsoft Corp (MSFT.O) is substantially cutting its business in Russia in response to Moscow’s invasion of Ukraine, Bloomberg News reported on Wednesday.

WalMart expands transportation partnerships with electric, hydrogen vehicle pilots

Retail giant Walmart Inc (WMT.N) on Wednesday said it was expanding transportation pilots with manufacturers of electric, hydrogen and natural gas-powered vehicles, including Cummins Inc (CMI.N) and Daimler Truck’s (DTGGe.DE) Freightliner.

Exclusive: UniCredit widens search for buyers to sell out of Russia

Italian bank UniCredit (CRDI.MI) has widened its search for a buyer for its Russian business beyond local investors, as it steps up efforts to leave the country, two people with knowledge of the matter said.

Australia’s central bank raises rates by 50 bps in hawkish surprise

Australia’s central bank on Tuesday raised interest rates by the most in 22 years and flagged more tightening to come as it battles to restrain surging inflation, stunning markets and sending bond yields flying.

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