Huawei’s Chinese EV partner Seres’ shares slide in Hong Kong debut amid tech slump

By Scott Murdoch (Reuters) -Shares of Chinese electric vehicle maker Seres Group, the EV partner of technology firm Huawei, fell as much as 7.2% in the company’s Hong Kong Stock Exchange debut on Wednesday after it raised $1.84 billion in a listing. Seres Group, already listed in Shanghai, sold 108.6 million shares at HK$131.50 each …

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El BoJ debatió la creciente justificación para una subida de tipos, según las actas de septiembre

Por Leika Kihara TOKIO, 5 nov (Reuters) -Un número cada vez mayor de responsables de política monetaria del Banco de Japón (BoJ) cree que se están dando las condiciones para una subida de los tipos de interés y dos de sus miembros abogan por un aumento inmediato, según las actas de la reunión de septiembre del …

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UK savers pulling cash from pensions ahead of budget, money managers say

By Naomi Rovnick and Iain Withers LONDON (Reuters) -British money managers are reporting a jump in people withdrawing cash from their pensions before this month’s budget, amid fears for their tax advantages as the government warns it needs to make “hard choices” to prop up public finances. Most British savers can now receive up to …

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Unprecedented volume of oil stored on ships due to Western sanctions, Gunvor CEO says

By Yousef Saba ABU DHABI (Reuters) -Western sanctions on Russia and Iran are creating record volumes of oil stored onboard vessels, preventing a supply glut from forming in global markets, Gunvor Group’s CEO said on Wednesday. The European Union, United Kingdom and the United States have imposed a raft of sanctions against Russia over its …

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Beijing lifts some tariffs on US farm goods but soybeans remain costly

By Joe Cash, Ella Cao and Ethan Wang BEIJING (Reuters) -China will suspend retaliatory tariffs on U.S. imports following last week’s meeting of their two leaders, including lifting duties on farm goods, Beijing confirmed on Wednesday, but imports of U.S. soybeans will still face a 13% tariff. The State Council’s tariff commission announced it would …

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