Deal comes amid pressure from Chinese shareholder Analysts hail ‘sensitive’ transaction Bank could return deal proceeds to shareholders LONDON/TORONTO/NEW YORK, Nov 29 (Reuters) – HSBC (HSBA.L) has agreed to sell
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Wall Street ends down sharply, hit by Apple and China worriesWall Street ends down sharply, hit by Apple and China worries
Cyber Monday spending to hit $11.6 bln – report Crypto shares fall on BlockFi bankruptcy filing Biogen down after death in Alzheimer drug trial Indexes end: S&P 500 -1.54%, Nasdaq

Exclusive: Tesla reads revamped Model 3 with project ‘Highland’ -sourcesExclusive: Tesla reads revamped Model 3 with project ‘Highland’ -sources
Nov 28 (Reuters) – Tesla (TSLA.O) is developing a revamped version of Model 3, according to four people with knowledge of the effort, as the top EV maker aims to

US bans Huawei, ZTE equipment sales citing national security riskUS bans Huawei, ZTE equipment sales citing national security risk
Nov 25 (Reuters) – The Biden administration has banned approvals of new telecommunications equipment from China’s Huawei Technologies (HWT.UL) and ZTE (000063.SZ) because they pose “an unacceptable risk” to US

Vietnam’s VinFast ships first electric vehicles to US customersVietnam’s VinFast ships first electric vehicles to US customers
HAI PHONG, Vietnam, Nov 25 (Reuters) – Vietnam’s electric vehicle maker VinFast said on Friday it had shipped its first batch of 999 cars to the United States, capping a

Foxconn’s woes to take bigger toll on giant China iPhone plant as more workers leave – sourceFoxconn’s woes to take bigger toll on giant China iPhone plant as more workers leave – source
Foxconn Zhengzhou plant’s Nov shipments to fall further – source Worker unhappiness at plant escalated into protests this week Over 20,000 workers, mostly new recruits, have left – source TAIPEI,

Oil muted as price cap proposal eases supply concernsOil muted as price cap proposal eases supply concerns
G7 price cap on Russian oil could be above current trading level EIA gasoline stocks data shows higher than expected build COVID-19 controls tighten in China Nov 24 (Reuters) –

Foxconn apologises for pay-related error at China iPhone plant after worker unrestFoxconn apologises for pay-related error at China iPhone plant after worker unrest
Foxconn says it is working with staff to resolve disputes Major iPhone factory rocked by protests over pay, terms Apple says it has team on the ground in Zhengzhou TAIPEI/SHANGHAI,

EU split on Russian oil price cap level, talks to resume ThursdayEU split on Russian oil price cap level, talks to resume Thursday
BRUSSELS, Nov 23 (Reuters) – European Union governments failed to reach a deal on Wednesday at what level to cap prices for Russian sea-borne oil under the Group of Seven

Investors batten down ahead of Fed minutes, Eurozone recession fears growInvestors batten down ahead of Fed minutes, Eurozone recession fears grow
Fed minutes awaited US Thanksgiving public holiday on Thursday Stock eke out slim gains globally Euro zone economic data points to recession China hit by rising COVID-19 infections LONDON, Nov