BENGALURU, May 17 (Reuters) – Tesla Inc (TSLA.O) has proposed setting up a factory in India to build electric cars for domestic sale and export, the carmaker told government officials on Wednesday, according to a source with direct knowledge of the matter.The proposal comes after India refused to agree to Tesla’s request last year to… […]
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Economists at Credit Suisse stay core bullish on the US dollar and see scope for a potentially final push higher later on in the fourth quarter. USD rally is seen overdone near-term “The latest move to a new cycle high for the DXY has not been confirmed by weekly momentum, suggesting a trend that is… […]
The September employment gain was not too far off relative to consensus. NFP should be broadly neutral for the USD at this time, in the opinion of economists at TD Securities. USD/JPY above 145 risks yen-tervention “We do not think today’s report will do much to sway the USD one way or the other. At… […]
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The loonie firms modestly ahead. Economists at Scotiabank expect the USD/CAD pair to slide below 1.3690 in the near-term. Broader outlook is somewhat mixed “USD/CAD cast a marginally negative look to the very short-term charts, with the USD testing the 1.3750 twice before edging lower. That trend rather implies modest downside prospects for the USD… […]
NIO fell by 7.9% during Thursday’s trading session. Nio received a slight price target downgrade from Mizuho on Thursday. The company is also set to launch in Germany on Friday. UPDATE: Nio stock dropped as much as 5.5% to $13.96 in the early going on Friday. Most growth stocks were in the same boat as the… […]
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2/2 © Reuters. A Canadian CF-188 Hornet is guided under a water salute during media day for the Canadian International Air Show in Toronto, Canada, September 3, 2015. REUTERS/Louis Nastro 2/2 BEIJING (Reuters) – China’s foreign ministry warned Canada on Monday of potential “severe consequences” of any “risky provocation”, after Canada’s military last week accused… […]
© Reuters. British Prime Minister Boris Johnson leaves from the back entrance of Downing Street in London, Britain June 6, 2022. REUTERS/Toby Melville LONDON (Reuters) – Prime Minister Boris Johnson promised lawmakers a new economic plan for growth next week, a Conservative Party source said on Monday after the British leader addressed his party before… […]
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