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REFILE-Tesla's new car sales in Italy down 4.4% in August
MILAN, Sept 1 (Reuters) - Tesla's TSLA.O new car registrations fell for a fourth month in a row in Italy in August, posting a 4.4% year-on-year decline, data from the transport ministry showed on Monday.The U.S. electric vehicles maker sold 416 cars in Italy in August, as usual a relatively low ...Reuters
49 minutes ago
Tesla sales in Portugal rise 28.7% in August, outpace total EVs
Sept 1 (Reuters) - Tesla's TSLA.O new car registrations in Portugal rose 28.7% in August from a year ago to 233 units, as overall new registrations of light electric vehicles were up 23.8%, the country's automobile industry association ACAP said on Monday.In the January-August period, Tesla ...Reuters
59 minutes ago
Long-dated euro zone bond yields rise on lingering fiscal worries
By Jaspreet Kalra Sept 1 (Reuters) - Long-dated euro zone bond yields rose on Monday as investors continued to fret over government debt levels around the world and also digested strong business activity data for European economies. Germany's 30-year yield DE30YT=RR rose to a 14-year peak of ...Reuters
2 hours ago
Bolivian bonds rally on hopes election could pave way for economic reform
Tellimer upgrades Bolivia's bonds to 'buy' post-electionCentrist Paz leads with over 32% of the vote, runoff likelyEconomy in turmoil with looming debt repaymentsBy Johann M Cherian Aug 18 (Reuters) - Bolivia's international dollar bonds rallied on Monday after early official resu...Reuters
3 hours ago
Audi considers record 2 million car sales target in strategy revamp, source says
By Christina Amann BERLIN, Sept 1 (Reuters) - Volkswagen's VOWG_p.DE Audi could target long-term annual sales of at least 2 million cars, up a fifth from 2024, under a new strategy the premium brand is expected to release later this year, according to a person close to the matter.The potentia...Reuters
3 hours ago
Indian PM Modi's tax reform set to slash levies on shampoos, hybrid cars, TVs
Modi's GST cuts to boost sales of consumer goods, electronicsProposed tax cut on small hybrid cars a win for Toyota, SuzukiGST council to finalise tax cuts on September 3-4By Nikunj Ohri and Aditi Shah NEW DELHI, Sept 1 (Reuters) - India plans to cut consumption tax by at least 10 percentage ...Reuters
5 hours ago
USD/CNH: Likely to consolidate between 7.1150 and 7.1340 – UOB Group
US Dollar (USD) is likely to consolidate between 7.1150 and 7.1340. In the longer run, USD remains negative, and it could drop and potentially break below 7.1000, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
5 hours ago
Long-dated euro zone bond yields rise on lingering fiscal worries
By Jaspreet Kalra Sept 1 (Reuters) - Long-dated euro zone bond yields rose on Monday as investors continued to fret over government debt levels around the world and also digested strong business activity data for European economies. Germany's 30-year yield DE30YT=RR rose to a 14-year peak of ...Reuters
5 hours ago
Brazil economists see 2025 inflation at 4.85% - cenbank poll
Sept 1 (Reuters) - Brazil central bank:BRAZIL ECONOMISTS SEE ANNUAL IPCA INFLATION INDEX REACHING 4.85% IN 2025 VERSUS 4.86% IN PREVIOUS ESTIMATE - CENBANK POLLBRAZIL ECONOMISTS SEE ANNUAL IPCA INFLATION INDEX REACHING 4.31% IN 2026 VERSUS 4.33% IN PREVIOUS ESTIMATE - CENBANK POLLBRAZIL ECONOMISTS S...Reuters
6 hours ago
In Mexican border town, thousands of jobs lost due to Trump tariffs
Mass layoffs at assembly plants in Ciudad Juarez rock local economyJuarez has lost more than 64,000 factory jobs in two yearsCompanies struggle amid on-again, off-again tariffsAssembly plants are shedding workers and in some cases shutting down By Mariana Hernandez and Jose Luis Gonzalez CIUDAD J...Reuters
6 hours ago
New Tesla sales in Spain more than double in August from same month in 2024
Sept 1 (Reuters) - Tesla's TSLA.O new car sales in Spain jumped 161% in August from the same month in 2024 to 1,435 vehicles, registration data released by industry group ANFAC showed on Monday.In the period between January and August sales of Tesla cars in Spain rose 11.6% from the same period ...Reuters
6 hours ago
Are the courts thwarting Trump's plans? – Commerzbank
When I read the news about the dismissal of Fed Governor Lisa Cook on a newsflash during my vacation, I was certain the markets would go crazy. To my surprise, however, I now have to acknowledge that EUR/USD is trading nearly unchanged compared to levels from three weeks ago.
Fxstreet
7 hours ago
Modi's tax overhaul seen slashing levies on shampoos, hybrid cars and TVs
PM Modi's GST cuts set to boost sales of consumer goods and electronicsGST council to finalize tax cuts on September 3-4By Nikunj Ohri and Aditi ShahNEW DELHI, Sept 1 (Reuters) - India plans to cut consumption tax by at least 10 percentage points on nearly 175 products ranging from shampoos and ...Reuters
7 hours ago
Ukraine to increase gas imports on Monday
KYIV, Sept 1 (Reuters) - Ukraine will increase natural gas imports to almost 24 million cubic metres (mcm) on Monday from about 22 mcm on Sunday, the national gas transmission operator said.Ukraine, which has to collect at least 13 billion cubic metres of gas in its underground storage facilities fo...Reuters
8 hours ago
China: Holding steady in August – UOB Group
The China Federation of Logistics and Purchasing (CFLP) business surveys improved marginally in August while the private sector RatingDog China manufacturing PMI unexpectedly returned to expansion at 50.5 in August (Bloomberg est: 49.8, July: 49.5).Fxstreet
8 hours ago
