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Reuters exclusively revealed China’s banking regulator is scrutinising property loan portfolios of some local and foreign lenders to assess systemic risks, as a crisis in the real estate sector worsens and weighs heavily on the economy. As part of their assessment, the China Banking and Insurance Regulatory Commission is looking at banks’ loan book exposure […]

Reuters was first to report China’s EVE Energy Co will supply BMW with large cylindrical batteries for its electric cars in Europe, as the German automaker follows Tesla in adopting the new technology. EVE has signed contracts to be BMW’s primary supplier of the battery cells in Europe for its new series of electric vehicles […]

Reuters provided insight into how Toyota is rebooting its strategy for India, doubling down on a bet that emerging markets will learn to love its hybrids, as long as the price is right. Renowned for its pioneering Prius, the Japanese carmaker has struggled to sell large numbers of its hybrid Camry sedan since its Indian […]

Reuters exclusively reported that a conservative government would be cautious in managing Italy’s public finances. The nationalist Giorgia Meloni, seen as the front runner to become Italy’s first woman prime minister after the September 25 national vote, told Reuters that, if she becomes prime minister, she will not usher in an era of conflict with […]

Reuters exclusively reported that U.S. President Joe Biden’s emergency board, tasked with helping major freight railroads and unions end a contract negotiation stalemate, proposed annual wage increases of between 4% and 7% through 2024. A lockout or strike could send prices for necessities higher and upend battered U.S. supply chains ahead of mid-term elections that […]

Reuters exclusively reported that Procter & Gamble (P&G) will take steps aimed at reducing potential harm to forests from its purchases of wood pulp for toilet paper and other consumer goods, after being pressured by environmentalists and investors for more sweeping changes. P&G faces scrutiny from environmental non-profits and some investors, in part because it […]

Reuters was first to report Norway plans to maintain its current high gas production level until the end of the decade as Europe plans to ditch Russian imports over Moscow’s invasion of Ukraine. The Nordic country is expected to produce some 122 billion cubic metres of gas this year, according to official forecasts made in […]

Reuters exclusively revealed that securing a new $5 billion loan from the International Monetary Fund (IMF) would help reassure Ukraine’s other creditors that the war-torn country’s macroeconomic situation was under control. Ukraine’s previous $5 billion loan program was canceled in March as the IMF approved $1.4 billion in emergency financing with few conditions in the […]

Reuters exclusively reported Kazakhstan is expected to sell some of its crude oil through Azerbaijan’s biggest oil pipeline from September, as the nation seeks alternatives to a route Russia threatened to shut. Kazakh oil exports account for more than 1% of world supplies, or roughly 1.4 million barrels per day. The post Reuters reveals Kazakhstan […]

Reuters shed light that while China’s expanded drills surrounding Taiwan have marked an unprecedented military and political warning against outside interference over the island, they opened a window to gather intelligence for the U.S. and its allies. The four days of intense drills last week —  and extended manoeuvres this week — provide an opportunity to […]