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Volkswagen Group Appoints Marco Schubert to Lead North American Operations Amid Restructuring

Volkswagen Group Appoints Marco Schubert to Lead North American Operations Amid Restructuring

Volkswagen Group Appoints Marco Schubert to Lead North American Operations Amid Restructuring

Automakers urge Congress to quickly pass law banning Chinese cars

Automakers urge Congress to quickly pass law banning Chinese cars

By David Shepardson WASHINGTON, Sept 3 (Reuters) - A group representing major automakers on Thursday urged Congress to pass legislation barring Chinese vehicles from the U.S. market before the end of the year.

German companies under pressure to adapt as China challenges them at their own game

German companies under pressure to adapt as China challenges them at their own game

China is challenging Germany at its own game of making advanced, highly engineered machinery

Exclusive-Honda tells suppliers to cut costs in $9 billion push to fend off China, documents show

Exclusive-Honda tells suppliers to cut costs in $9 billion push to fend off China, documents show

By Maki Shiraki TOKYO, Sept 2 (Reuters) - Japan's Honda aims to cut more than $9 billion in costs over the next four years and has instructed suppliers to drastically reduce their prices, according to internal documents and one person familiar with the matter.

Bond rout, Mideast worries drag European shares to one-month low

Bond rout, Mideast worries drag European shares to one-month low

By Sudeshna Ghoshal and Johann M Cherian Sept 2 (Reuters) - European shares slipped to a one-month low on Wednesday, pressured by a global bond rout as escalating tensions in the Middle East stoked worries about energy-induced inflation.

Tech pilgrims flock to China as global innovation race heats up

Tech pilgrims flock to China as global innovation race heats up

By Laurie Chen BEIJING, Sept 3 (Reuters) - Humanoid robots working on factory floors, AI models challenging global rivals and electric-vehicle plants churning out cars at breathtaking scale are drawing a new wave of foreign visitors to China.

Yen jumps, oil pumps

Yen jumps, oil pumps

By Jamie McGeever ORLANDO, Florida, Sept 2 (Reuters) - The Japanese yen leaped against the dollar on Wednesday, its biggest rise since joint U.S.-Japanese intervention a month ago, while U.S.

Factory activity bounced in August as AI fuelled Asian expansion

Factory activity bounced in August as AI fuelled Asian expansion

By Jonathan Cable and Leika Kihara TOKYO/LONDON, Sept 1 (Reuters) - Global factory activity was humming last month as surging demand for AI hardware kept Asian factories busy while new orders in Europe bounced higher, brightening prospects even as the prolonged U.S.-Iran war fuels uncertainty,

China Intensifies Auto Safety Oversight Amid Rapid Development Push

China Intensifies Auto Safety Oversight Amid Rapid Development Push

China Intensifies Auto Safety Oversight Amid Rapid Development Push

US irks G20 ministers by inviting Russia, barring some journalists

US irks G20 ministers by inviting Russia, barring some journalists

By David Lawder ASHEVILLE, North Carolina, Aug 31 (Reuters) - The United States' move to welcome Russia back to a meeting of G20 countries on Monday while denying some journalists access to the gathering dismayed some finance leaders present, deflecting from its bid to focus talks on global economic

Shein set for lacklustre debut after setbacks cause huge drop in valuation

Shein set for lacklustre debut after setbacks cause huge drop in valuation

By Yantoultra Ngui, Casey Hall and Helen Reid HONG KONG, Sept 1 (Reuters) - Chinese online fashion giant Shein's Hong Kong debut on Tuesday caps a years-long effort to tap capital markets after trying to list in vain in the West, but may bring little comfort to investors with an expected lacklustre

US urges G20 to cut trade imbalances, focus on China

US urges G20 to cut trade imbalances, focus on China

By Philip Blenkinsop and David Lawder ASHEVILLE, North Carolina, Sept 1 (Reuters) - The Trump administration urged other G20 countries on Tuesday to do more to protect their domestic industries and job markets from Chinese imports, arguing such distortions were "sucking" much-needed growth out of