WASHINGTON (Reuters) -General Motors Co said on Monday that battery production for its recalled Chevrolet Bolt electric vehicle had resumed and that battery replacements will begin next month.FILE PHOTO: Workers assemble Chevy Bolt EV cars
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Analysis-Swiss central bank stands by as equities boom drives the franc
ZURICH (Reuters) – Stock market flows and overseas investment returns are emerging as major drivers for Switzerland’s currency in a shift that may already have triggered changes in how the country’s central bank responds to
Read moreEnergy price crisis: What can I do to shield my family from surging bills?
The advice to households on energy bills has always been to save big through fixed-rate deals and to switch supplier or tariff when the contract ends. Simples right? But what a TV meerkat or operatic
Read moreStocks drop as a world of worries bedevils investors.
Stocks on Wall Street were set to slump on Monday morning as indexes across Europe tumbled amid a string of concerns for investors — including the troubled Chinese property giant Evergrande, soaring energy prices in
Read moreChina to Wall Street: regulatory crackdown not aimed at restricting private firms
BEIJING/HONG KONG (Reuters) – China’s sweeping regulatory crackdown of recent months does not aim to rein in the country’s private enterprises or decouple from the United States or international financial markets, a top Chinese regulatory
Read moreEvergrande's lenders weigh up loan losses, rolling over credit: Sources
BEIJING (REUTERS) – One of China Evergrande Group’s main lenders has made provisions for losses on a portion of its loans to the embattled property developer, while some creditors are planning to give it more
Read moreDBS to hire 150 people for tech roles through programme with virtual hackathon
SINGAPORE – DBS Bank will hire 150 people in technology roles through a programme that will test candidates’ abilities. The DBS Hack2Hire initiative aims to fill positions across 14 developer and engineering roles as the
Read moreDollar creeps higher as Fed's taper looms
SINGAPORE (Reuters) – The dollar began the week firmly on Monday with investors in a cautious mood ahead of several central bank meetings, headlined by the Federal Reserve, while looming catastrophe at indebted developer China
Read moreAsian stocks tense for Fed tapering news
SYDNEY (Reuters) – Asian shares eased and the dollar held firm on Monday ahead of a week graced with no less than a dozen central bank meetings, highlighted by the Federal Reserve which is likely
Read moreEvergrande to let angry investors, staff bid on deeply discounted properties
SHENZHEN (BLOOMBERG) – China Evergrande Group plans to let consumers and staff bid on discounted properties this month to repay them for billions in overdue investment products as the embattled developer seeks to preserve cash,
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