News
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China's Nio delays Europe launch of Firefly EV to third quarter
SHANGHAI, April 22 (Reuters) - China's Nio 9866.HK said on Tuesday it would launch its Firefly electric vehicle in Europe in the third quarter, later than initially forecast, after it underestimated challenges involved in sales and service network expansions in the region.Reuters
Tue, Apr 22
Thai trade talks with US ongoing at working level, despite postponement, minister says
BANGKOK, April 22 (Reuters) - Thailand's trade talks with the United States, which have been postponed, are still ongoing on the working level, Thailand's finance minister said on Tuesday. Pichai Chunhavajira also said the state of Thailand's economy in the first quarter was still good. ...Reuters
Tue, Apr 22
Thai-U.S tariff negotiations were postponed to review issues, Thai PM says
BANGKOK, April 22 (Reuters) - Thailand's negotiations with Washington on steep trade tariffs were postponed because the United States has asked Bangkok to review important issues, Prime Minister Paetongtarn Shinawatra said on Tuesday. A new meeting date was being scheduled, she said. The previou...Reuters
Tue, Apr 22
China's JD.com calls out anti-competitive pressures on food delivery couriers
SHANGHAI, April 21 (Reuters) - Chinese e-commerce giant JD.com highlighted anti-competitive pressures on food delivery couriers on Monday, alleging that other platforms were coercing couriers to avoid working with JD Takeaway, a claim denied by its competitor Meituan 3690.HK.JD Takeaway began onboar...Reuters
Tue, Apr 22
Roche to invest $50 billion in United States over next five years
ZURICH, April 22 (Reuters) - Roche ROG.S on Tuesday said it will invest $50 billion in the United States over the next five years, in one of the biggest inward investment moves by companies dealing with President Donald Trump's tariffs policy.The Swiss pharma giant said the investment would crea...Reuters
Tue, Apr 22
PRESS DIGEST-British Business - April 22
April 22 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times- The World Economic Forum launched a search for a new chairman after Klaus Schwab, 87, stepped down as board cha...Reuters
Tue, Apr 22
Russia's air defence units destroy 10 Ukrainian drones overnight, RIA reports
April 22 (Reuters) - Russia's air defence units destroyed 10 Ukrainian drones overnight, downing half of them over the Crimean Peninsula, RIA news agency reported on Tuesday citing Russian defence ministry data.Reuters
Tue, Apr 22
Walmart-backed Flipkart to shift base back to India from Singapore
April 22 (Reuters) - Flipkart will shift its holding company from Singapore to India, the e-commerce company said on Tuesday, as its parent Walmart WMT.NS aims to take the 17-year-old company public.Many Indian startups that once chose to be based abroad for better access to capital and smaller tax ...Reuters
Tue, Apr 22
Tennis-Less is more for Raducanu ahead of return in Madrid
April 22 (Reuters) - Emma Raducanu will return to action at this week's Madrid Open after a mid-season break and the former U.S. Open champion said she is benefiting from a more focused approach to the season.The 22-year-old Briton pulled out of the Billie Jean King Cup qualifiers to rest follow...Reuters
Tue, Apr 22
India under tariff pressure to give Amazon and Walmart full market access, FT reports
April 22 (Reuters) - U.S. President Donald Trump's administration intends to press India to give online retailers such as Amazon AMZN.O and Walmart WMT.N full access to its $125 billion ecommerce market, the Financial Times reported on Tuesday, citing industry executives, lobbyists and U.S. gove...Reuters
Tue, Apr 22
US academic leaders unite against Trump's higher education policies
Over 100 university leaders oppose Trump's higher education policiesHarvard sues Trump administration over funding freeze and demandsTrump targets universities over protests, diversity, and inclusion issuesBy Helen Coster NEW YORK, April 22 (Reuters) - Over 100 university, college and scholar...Reuters
Tue, Apr 22
PRESS DIGEST- Financial Times - April 22
April 22 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- Nomura to buy Macquarie's US and European asset management units for $1.8 bln- Britain to boost explosives production to cut reli...Reuters
Tue, Apr 22
RPT-EXCLUSIVE-LG, Samsung sue Indian government over electronic-waste pricing policy
India e-waste pricing policy prompts criticism, lawsuitsLG, Samsung latest companies to challenge Modi government rulesIndia has mandated higher payouts for e-waste recyclingIndustry worried about increased costs, business impactBy Aditya Kalra NEW DELHI, April 21 (Reuters) - South Korea's LG...Reuters
Tue, Apr 22
UK self-driving startup Wayve sets up Japan testing and development centre
TOKYO, April 22 (Reuters) - British self-driving technology startup Wayve said on Tuesday it has established a new testing and development centre in Japan, its first expansion into an Asian market.Wayve said the new centre will allow it to speed up the development of AI-powered driving software in c...Reuters
Tue, Apr 22
Nomura to buy Macquarie's US, European asset management units for $1.8 billion
Japanese investment bank Nomura calls acquisition its largest everAll-cash deal expected to close by end of 2025Boosts Nomura's assets under management by around $180 billionBy Anton Bridge and Roushni NairApril 22 (Reuters) - Nomura 8604.T is acquiring Macquarie Group's MQG.AX U.S. and Euro...Reuters
Tue, Apr 22
