Notizia

SEOUL (Reuters) -Hyundai Motor said on Tuesday it has reached a tentative wage deal with its South Korean labour union, potentially avoiding a strike and production losses at its biggest manufacturing base.

Chinese automaker Zhejiang Geely Holding on Tuesday unveiled a new electric pickup truck, targeting growing demand from city residents as coronavirus curbs fuel an interest in outdoor activities like camping.

HONG KONG (Reuters) -Wang Sheng, investment banking head of China International Capital Corp Ltd (CICC), is set to leave the bank to take over as chief executive of smaller peer China Galaxy Securities, six people with direct knowledge of the matter said.

A measure of Australian consumer sentiment slid for an eighth straight month to match pandemic lows in July as the surging cost of living and rising interest rates darkened the national mood.

WASHINGTON (Reuters) -Recent inflation data "has not been as encouraging as I would have liked," Atlanta Fed president Raphael Bostic said on Monday, saying that the lack of month-to-month improvement in the pace of price increases warrants another 0.75 percentage point increase in the federal funds rate when policymakers meet later this month.

SHANGHAI (Reuters) -A slump in commercial-vehicle demand led China's automobile industry association on Monday to downgrade its sales forecast, as anti-pandemic measures weighed on the economy and its car market, the world's largest.

African countries' debts with China are a third of what they owe non-Chinese private lenders, while interest rates are just over half, according to a report published on Monday amid a debate about the role of the world's largest bilateral creditor.

SHANGHAI (Reuters) -China's automobile industry association downgraded its 2022 sales forecast on Monday as anti-pandemic measures weighed on the economy and its car market, the world's largest.

SHANGHAI (Reuters) -China's auto sales surged 23.8% in June from a year earlier, the first increase in four months after authorities cut taxes and offered subsidies to encourage car purchases as COVID-19 curbs eased.