Exclusive-Chinese buyers interested in unwanted German Volkswagen factories, source says
By John O’Donnell and Victoria Waldersee FRANKFURT/BERLIN (Reuters) – Chinese officials and automakers are eyeing German factories slated for closure and are particularly interested in Volkswagen (ETR:VOWG_p)’s sites, a person with knowledge of Chinese government thinking told Reuters. Buying a factory would
First Solar: Seaport upgrades rating to ‘Buy’ on strong US market position
Investing.com– Seaport Research Partners has upgraded First Solar Inc (NASDAQ:FSLR) from “Neutral” to “Buy”, citing its robust position in the utility-scale solar and storage sector amid challenging macroeconomic conditions. Seaport analysts have set a price target of $274 for
Trump Treasury pick Bessent faces Senate grilling on taxes, trade, deficits
By David Lawder WASHINGTON (Reuters) – President-elect Donald Trump’s pick for Treasury secretary, hedge fund manager Scott Bessent, vowed to maintain the dollar’s status as the world’s reserve currency as he prepared to face questions from U.S. senators on Thursday on
Morning bid: Brief relief for markets after tame US inflation
A look at the day ahead in European and global markets from Ankur Banerjee Global stocks and non-dollar currencies found some respite from their inflation-related anxieties, buoyed by a strong start to the earnings season and a softish U.S. core inflation
Bank of Korea governor says resolving political turmoil key for economy
SEOUL (Reuters) – South Korea’s central bank governor said on Thursday that the most important factor determining the health of Asia’s fourth-largest economy in the next few months was whether recent political turmoil would stabilise. “Previously, the biggest variable was