European stocks slide to 1-month low on China slowdown fears

(Reuters) -The main European stock indexes fell more than 1% on Monday as worries about an economic slowdown in China and rapid U.S. interest rate hikes overshadowed relief from French President Emmanuel Macron's election victory over the weekend.

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25-04-2022

Huya cuts hundreds of staff, sources say, as Chinese tech retrenches

Chinese video game streaming site Huya has started laying off staff, three sources close to the matter said, as more of the country's technology companies scale back after a bruising regulatory crackdown.

newspaper

25-04-2022

Nissan shares slide 5% after report Renault exploring stake reduction

TOKYO (Reuters) -Shares of Nissan Motor Co Ltd slumped 5% on Monday, their biggest fall in more than a month, following a report that top shareholder Renault SA may consider lowering its stake in the Japanese automaker.

newspaper

25-04-2022

German-funded consortium to develop 'battery passport' for European batteries

A consortium of carmakers and battery producers including BMW, Umicore and BASF will work alongside technology partners to develop a "battery passport" that traces the content and carbon footprint of batteries in Europe, Germany's economy ministry said on Monday.

newspaper

25-04-2022

Flight to quality lifts U.S. dollar to two-year highs; Aussie crumbles

The U.S. dollar climbed to a two-year high versus its rivals on Monday and was on track for its single biggest daily gain in more than six weeks as a wave of risk aversion swept through global markets, boosting the greenback's safe haven appeal.

newspaper

25-04-2022

European stocks slide to 1-month low as China slowdown worries offset Macron win

(Reuters) -European stocks fell more than 1% on Monday as worries about an economic slowdown in China and rapid U.S. interest rate hikes overshadowed relief from French President Emmanuel Macron's election victory over the weekend.

newspaper

25-04-2022

Truckmaker MAN restarts production after Ukraine crisis supply gap - Handelsblatt

German commercial vehicle maker Traton's MAN unit will restart production again from Monday after supply gaps due to the war in Ukraine, according to the Handelsblatt newspaper.

newspaper

25-04-2022

Oil slides to 2-week lows as Shanghai lockdowns stoke demand worries

TOKYO (Reuters) -Oil prices slumped to about two-week lows on Monday, extending losses from last week, as concerns grew that prolonged COVID-19 lockdowns in Shanghai and potential U.S. rate hikes would hurt global economic growth and demand for fuel.

newspaper

25-04-2022

No relief for European stock futures despite Macron election win

European stock index futures sank over 1% on Monday as nerves around rapid U.S. interest rate hikes and tech earnings this week overshadowed cheer from French President Emmanuel Macron's election victory.

newspaper

25-04-2022