GEN

Japan intervenes in FX market to stem yen falls after BOJ keeps super-low rates

Register now for FREE unlimited access to Reuters.com Register BOJ maintains short-, long-term rate targets No tweak to dovish policy guidance Japan took decisive action – FX diplomat Kanda TOKYO, Sept 22 (Reuters) – Japan intervened in the currency market on Thursday to shore up the battered yen for the first time since 1998, in …

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China’s Nio takes on BMW, Mercedes in home market with flexible battery plan

People visit the Nio booth during a media day for the Auto Shanghai show in Shanghai, China April 20, 2021. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register SHANGHAI, Sept 21 (Reuters) – Chinese electric-car startup Nio is looking to grab a share of Europe’s growing market for electric vehicles by rolling …

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YouTube in challenge to TikTok to give Shorts creators 45% of ad sales

Register now for FREE unlimited access to Reuters.com Register LOS ANGELES, Sept 20 (Reuters) – YouTube unveiled a new way for creators to make money on short-form video, as it faces intensifying competition from TikTok. The Google-owned (GOOGL.O) streaming service announced Tuesday that it would introduce advertising on its video feature Shorts and give video …

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Markets body urges caution on shorter settlement in Europe

A trader works at the Frankfurt stock exchange in Frankfurt, Germany, February 22, 2022. REUTERS/Timm Reichert Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 21 (Reuters) – Halving settlement time for stock trades in Europe to one business day would be “challenging” and needs full analysis by regulators before any decision is …

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Elon Musk faces skeptics as Tesla gets ready to unveil ‘Optimus’ robot

SAN FRANCISCO, Sept 20 (Reuters) – Tesla (TSLA.O) Chief Executive Elon Musk blamed overreliance on factory robots for sending the electric carmaker to “production hell” four years ago, saying humans were better at certain jobs. My, how times have changed. Musk’s Texas company is now floating ambitious plans to deploy thousands of humanoid robots, known …

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Apple to raise App Store prices in some countries in Europe, Asia

A man walks next to an advertisement for Apple’s new iPhone 11 Pro at the Apple Store in IFC, Central district, Hong Kong, China October 10, 2019, after Apple Inc on Wednesday removed an app that protesters in Hong Kong have used to track police movements from its app store. REUTERS/Athit Perawongmetha/File Photo Register now …

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China to accelerate projects, boost consumption to spur recovery

A worker welds at the top of the skyscraper Xiamen International Center under construction in Xiamen, Fujian province, China December 23, 2017. Picture taken December 23, 2017. REUTERS/Stringer Register now for FREE unlimited access to Reuters.com Register BEIJING, Sept 19 (Reuters) – China will speed up fund injections to expedite project construction and boost domestic …

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TIM, Vivo, Claro seek $606 mln Brazil Oi deal haircut

Register now for FREE unlimited access to Reuters.com Register SAO PAULO, Sept 19 (Reuters) – TIM SA (TIMS3.SA), Telefonica Brasil (VIVT3.SA) and Claro have asked that the price of their deal to buy rival telecom Oi SA’s (OIBR4.SA) mobile operations in Brazil be lowered by 3.2 billion reais ($605.05 million), securities filings showed on Monday. …

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Macron to give King Charles picture book of queen’s visits to France

French President Emmanuel Macron signs a condolence book, following the passing of Britain’s Queen Elizabeth, at the British Embassy in Paris, France, September 9, 2022. REUTERS/Christian Hartmann/Pool Register now for FREE unlimited access to Reuters.com Register PARIS, Sept 18 (Reuters) – French President Emmanuel Macron and his wife Brigitte, who are heading to London for …

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