Industrials (TRBC)

Tesla secures Shanghai site for $2 billion China Gigafactory

Tesla secures Shanghai site for $2 billion China Gigafactory

Published 18/10/2018

BEIJING (Reuters) - Tesla Inc has signed an agreement with the Shanghai government for an 860,000 square meter plot of land to build its first [more…]

Pompeo visit to China kicks off with frosty exchange

Pompeo visit to China kicks off with frosty exchange

Published 08/10/2018

BEIJING (Reuters) - A meeting of top U.S. and Chinese diplomats got off to a frosty start on Monday, with U.S. Secretary of State Mike [more…]

Unexpected decline in German industry output hints at economic…

Unexpected decline in German industry output hints at economic…

Published 08/10/2018

BERLIN (Reuters) - German industrial output dipped unexpectedly in August for the third time in as many months, data showed on Monday, suggesting Europe’s largest [more…]

Volvo halts Iran truck assembly due to U.S. sanctions

Volvo halts Iran truck assembly due to U.S. sanctions

Published 24/09/2018

STOCKHOLM (Reuters) - Swedish truckmaker AB Volvo has stopped assembling trucks in Iran because U.S. sanctions are preventing it from being paid, a spokesman for [more…]

China says U.S. trying to force it to submit on trade as new…

China says U.S. trying to force it to submit on trade as new…

Published 24/09/2018

BEIJING (Reuters) - The United States and China imposed fresh tariffs on each other’s goods on Monday as the world’s biggest economies showed no signs [more…]

Germany on track for solid growth as business morale holds steady

Germany on track for solid growth as business morale holds steady

Published 24/09/2018

BERLIN (Reuters) - Business morale held steady in Germany in September, propped up by consumer spending and construction, a survey showed, to leave the country [more…]

Ride-hailing firm Careem enters India with Commut app purchase

Ride-hailing firm Careem enters India with Commut app purchase

Published 24/09/2018

DUBAI (Reuters) - United Arab Emirates-based ride-hailing app Careem has acquired Commut, the Hyderabad-based mass transportation app, marking its entry into India, the firm said [more…]

Drug shortages may add $230 million to annual U.S. drug costs

Drug shortages may add $230 million to annual U.S. drug costs

Published 21/09/2018

(Reuters Health) - Prescription drug shortages may drive up prices twice as much as they would rise with medicines in abundant supply, adding $230 million [more…]

Russia weighs possibility of deliberate act in space station damage

Russia weighs possibility of deliberate act in space station damage

Published 05/09/2018

(Reuters) - Russia’s space agency said on Wednesday it hopes to announce the origin of a small hole found on a Russian module docked at [more…]

China warns investment may weaken further, to make ‘good use’ of…

China warns investment may weaken further, to make ‘good use’ of…

Published 27/08/2018

BEIJING (Reuters) - China’s investment growth, already at record lows, may weaken even further in the future and authorities should step up fiscal and financial [more…]