Industries

Hong Kong May retail sales rise 18.4%, sixth month of growth

Hong Kong May retail sales rise 18.4%, sixth month of growth

HONG KONG (Reuters) – Hong Kong’s May retail sales rose 18.4% from a year earlier thanks to the revival of inbound tourism..

UK car output jumps 27% in May from year earlier on steady EV demand

UK car output jumps 27% in May from year earlier on steady EV demand

(Reuters) – Britain’s car production rose for a fourth straight month in May, driven by higher demand for electric vehicle..

Volkswagen in talks with Tesla to adopt its charging standard

Volkswagen in talks with Tesla to adopt its charging standard

(Reuters) -Volkswagen is in talks with Tesla to adopt its North American Charging Standard (NACS) technology, while the German automak..

AutoStore to appeal London high court loss to Ocado in patent feud

AutoStore to appeal London high court loss to Ocado in patent feud

LONDON (Reuters) – Norwegian robotics firm AutoStore said on Thursday it will appeal a London high court judgement in March whic..

Credit Suisse appoints investment banking management committee -memo

Credit Suisse appoints investment banking management committee -memo

NEW YORK (Reuters) – Credit Suisse Group AG on Thursday appointed an investment banking management committee to oversee its inte..

Catalonia cracks down on booming marijuana industry

Catalonia cracks down on booming marijuana industry

BARCELONA (Reuters) – Heavily-armed police officers arrived in a well-to-do Barcelona suburb before dawn to raid a two-storey ho..

South African citrus growers say EU pest rules putting squeeze on exports

South African citrus growers say EU pest rules putting squeeze on exports

(Reuters) – New European Union pest control rules will cut South Africa’s orange exports to Europe by 20% this year, threa..

India’s aerospace suppliers see upside in parts-making from record jet orders

India’s aerospace suppliers see upside in parts-making from record jet orders

PARIS/DELHI (Reuters) -Indian aerospace suppliers see record jet orders by the country’s top two carriers boosting domestic part..

Chinese payment giants revive effort to accept foreign credit cards

Chinese payment giants revive effort to accept foreign credit cards

HONG KONG (Reuters) – Chinese tech giants Tencent Holdings and Ant Group said that they would allow users to link international ..

Euro zone lending takes another hit in May

Euro zone lending takes another hit in May

(Reuters) – Euro zone bank lending slowed further in May, dragged down by higher interest rates and a recession in the bloc̵..