Chinese carmaker BYD buys US company Jabil’s mobility business for $2.2 billion

FILE PHOTO – Security guards stand at the BYD booth at the Auto Shanghai show in Shanghai, China April 19, 2023. REUTERS/Aly Song/File Photo Obtain license rights Aug 28 (Reuters) – Chinese carmaker BYD (002594.SZ) said on Monday that its electronics unit…Read More »

US weekly jobless claims fall as labor market remains tight

Weekly jobless claims fall by 11,000 to 239,000 Continued damage increases by 32,000 to 1.716 million Mid-Atlantic factory activity rebounds in August WASHINGTON, Aug 17 (Reuters) – The number of Americans filing new claims for jobless benefits fell last week, pointing to…Read More »