Mercedes-Benz offloads Nissan stake for $325 million, source says
The NISSAN logo is seen outside a building during the launch event of the Infiniti QX80 Autograph in Mexico City, Mexico, August 21, 2025. REUTERS A Mercedes-Benz vehicle sits parked, on the day U.S. President Donald Trump is set to announce new tariffs, at a dealership in Copiague, New York, U.S., April 2, 2025. […]
Dollar, longer-dated Treasuries slide as Trump escalates attack on Fed; gold rises
A man walks past a screen displaying Japan’s Nikkei share average and exchange rate between Japanese yen and U.S. dollar outside a brokerage,in Tokyo, Japan, August 4, 2025. REUTERS TOKYO, Aug 26 (Reuters) – The dollar and longer-dated U.S. Treasuries slid on Tuesday after President Donald Trump announced he was firing a Federal Reserve […]
IT firms lead Indian shares higher on Fed rate cut hopes
Men move past a logo of the Bombay Stock Exchange (BSE) in Mumbai, India, August 1, 2025. REUTERS Aug 25 (Reuters) – Indian shares rose in early trade on Monday, driven by gains in information technology stocks after the U.S. Federal Reserve Chair Jerome Powell hinted at an interest rate cut next month. The Nifty […]
Dollar struggles to recover from Powell’s dovish surprise
U.S. dollar, Euro, Chinese Yuan, Canadian dollar, Turkish Lira and Pound banknotes are seen in this illustration taken May 4, 2025. REUTERS TOKYO, Aug 25 (Reuters) – The U.S. dollar attempted on Monday to pull itself up from a four-week low on the euro after a dovish pivot from Federal Reserve Chair Jerome Powell sent it tumbling […]
FACTBOX Competing battery technologies shape the EV industry
An electric vehicle charging location is shown from the view of a drone in Oceanside, California, U.S., May 14, 2025. REUTERS Aug 25 (Reuters) – Startups worldwide are racing to develop new battery technologies using materials like sodium and sulfur or other innovative chemistries, aiming to cut costs and reduce reliance on some critical minerals to supply […]
Cambodia passes law to revoke citizenship of people convicted of treason
The Cambodia National Assembly is seen in central Phnom Penh April 4, 2016. REUTERS PHNOM PENH, Aug 25 (Reuters) – Cambodia’s parliament passed a law on Monday that will allow people convicted of treason to be stripped of their citizenship, a new measure that comes amid a sustained crackdown on opponents of the long-ruling Cambodian […]
Mizuho, MUFG join race by Japan’s banks for money manager deals overseas
Mizuho Bank’s signboard is pictured in Tokyo, Japan, January 25, 2017. Picture taken January 25, 2017. REUTERS LONDON/TOKYO, Aug 25 (Reuters) – Japanese banks Mizuho (8411.T), and MUFG (8306.T), are targeting buying or partnering with overseas money managers, they told Reuters, joining other Japanese financial companies aiming for a larger share of the global investing market. Mizuho […]
SpaceX postpones Starship test flight over ground system issue
A SpaceX Starship spacecraft sits atop a super heavy booster at the launch pad before its scheduled tenth test flight, at the company’s complex in Starbase, Texas, U.S., August 24, 2025. REUTERS Photographers setup remote cameras for the upcoming SpaceX Starship launch on its 10th test flight at the company’s complex in Starbase, Texas, […]
Prime Minister Shri Narendra Modi’s address on the occasion of National Space Day 2025
National Space Day has become an occasion of enthusiasm and inspiration for India’s youth, which is a matter of pride for the nation; I wish all those associated with the space sector—scientists and young citizens on this occasion: PM Achieving one milestone after another in the space sector has now become a natural trait of […]
Spirit Airlines hires advisers to weigh options after revamp efforts falter, WSJ reports
Spirit Airlines commercial airliners are shown at Las Vegas International Airport in Las Vegas, Nevada, U.S., February 8, 2024. REUTERS Aug 22 (Reuters) – Spirit Airlines (FLYY.A), has engaged advisers to explore strategic options after its financial restructuring fell short of securing a sustainable future, the Wall Street Journal reported on Friday, citing sources. The airline […]