Analysis: Tesla may face its toughest challenges yet as the economy slows

SAN FRANCISCO, Oct. 4 (Reuters) – In July, Tesla (TSLA.O) CEO Elon Musk said the electric car maker had no problem with customer demand, simply a problem making and shipping all the Model Ys and Model 3s consumers were willing to buy. This may no longer be true. Analysts are seeing early warning signs for … Read more

Truss forced to change taxes after week of market turmoil

Truss defended the policy, and markets were concerned about the cost Kwarteng now says it was a distraction A bend made with ‘humility and remorse’ – Kwarteng The reduction in the highest tax rate was a small part of the overall plan Lawmakers have expressed concern about the government’s ruling BIRMINGHAM, England (Reuters) – British … Read more

Analysis: Underwater: How the Bank of England has delivered a lifeblood to the markets

Bank of England bought bonds after pension fund pleas Some UK pension funds have faced problematic margin calls BoE support is seen as giving an opportunity to build collateral The British government’s unfunded tax plan scared the markets LONDON/NEW YORK (Reuters) – Calls from the Bank of England began on Monday saying some British pension … Read more

Kyiv says dozens were killed or wounded in Russian missile attack on Ukraine

At least 25 killed in missile attack – Ukrainian officials Civilians planning to enter Russian-controlled territory were killed Police say the attacks included at least three rockets ZAPORIZIA, Ukraine, Sept 30 (Reuters) – Dozens of civilians were killed or wounded in what Kyiv called a mock Russian missile strike on a convoy of civilian vehicles … Read more

Italy’s election winners target an era of political stability

Register now to get free unlimited access to Reuters.com Register The right-wing bloc will have a clear majority in both houses Meloni will be the country’s first female prime minister The leader of the association says the government will be stable The government is not expected to be sworn in for a few weeks Record … Read more

Analysis: Credit Markets See Less Recession Risk, Earnings May Challenge That

The New York Stock Exchange (NYSE) is seen in the financial district of New York, US, January 13, 2021. REUTERS/Shannon Stapleton Register now to get free unlimited access to Reuters.com Register (Reuters) – High-yield US corporate bond markets may be undervalued to counter recession risks even as Treasuries and macroeconomic indicators reflect rising growth concerns, … Read more

US Treasury official criticizes China’s “non-conventional” debt practices

Chinese yuan banknotes are shown in this illustrative photo taken on April 25, 2022. REUTERS/Florence Law/Illustration Register now to get free unlimited access to Reuters.com Register China is the largest official creditor in the world Lack of transparency and confidentiality agreements under fire Urging progress on Common Framework debt deals for Zambia and other countries … Read more

Frugal is the new cool style for young Chinese at a time when the economy is faltering

BEIJING (Reuters) – Before the epidemic, Doris Fu imagined a different future for herself and her family: a new car, a bigger apartment, and fine dining on weekends and vacations on tropical islands. Instead, the 39-year-old Shanghai marketing consultant is one of many Chinese in their 20s and 30s who are cutting spending and providing … Read more

Sweden’s right prepares for power as prime minister accepts defeat in elections

Register now to get free unlimited access to Reuters.com Register STOCKHOLM (Reuters) – Sweden’s moderate party leader Ulf Christerson said on Wednesday he would start work on forming a new government after Prime Minister Magdalena Andersson conceded her Social Democrats lost the weekend’s general election. The moderates, Sweden Democrats, Christian Democrats and Liberals appear poised … Read more

Ukraine and Russia: What you need to know now

Firefighters work at the site of a thermal power plant damaged by a Russian missile strike, amid Russia’s attack on Ukraine, in Kharkiv, Ukraine September 11, 2022. Ukraine State Emergency Service Press Service / Posted via Reuters Register now to get free unlimited access to Reuters.com Register (Reuters) – Ukrainian forces moved deeper into territory … Read more