Toyota Doubles Down on its Hybrid Bet in India

Toyota teams up with Suzuki to crack Indian hybrid market First new model is compact SUV, peoplecarrier to follow Toyota aims to lower costs by making components in India BIDADI, India, Aug 22 Reuters Toyota is rebooting its strategy for India, doubling down on a bet that emerging markets will learn to love its hybrids, […]
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United Imaging Shares Shoot 75 Higher in Shanghai Debut

Follows 1.6 bln listing, China39;s 3rd biggest so far in 2022 China39;s No.1 in diagnostic imaging; 39;must buy39; for institutions analyst Boost from China strategy of replacing foreign technology Safer haven amid gloomy prospects for China growth analysts SHANGHAI, Aug 22 Reuters United Imaging Healthcare Co39;s shares surged as much as 75 in their Shanghai debut […]
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German Exports Beyond the EU Slump in July

BERLIN, Aug 22 Reuters German exports beyond the European Union fell by 7.6 on the month in July, the Federal Statistics Office said on Monday, marking a weak start to the second half in the engine room of Europe39;s largest economy. The decline came after three rises in a row. The economy stagnated in the […]
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Oil Slumps on Fears over Economic Slowdown, Stronger Dollar

Dollar hits 5wk high on hawkish Fed remarks China39;s Sichuan extends power curbs on heatwave Caixin China cuts lending benchmarks to revive faltering economy Western leaders discuss Iran nuclear deal LONDON, Aug 22 Reuters Oil prices slumped on Monday as investors were concerned that aggressive U.S. interest rate hikes might weaken the global economy and […]
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