Brazil’s Lula says he received letter from China’s Xi on further cooperation

(Reuters) – Brazilian new president Luiz Inacio Lula da Silva said on Monday he had received a letter from Chinese leader Xi Jinping expressing a desire to increase cooperation between the two countries. “I received from China’s Vice President Wang Qishan a letter from President Xi Jinping expressing his compliments and willingness to expand our …

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European shares start 2023 on upbeat note on encouraging factory data

By Bansari Mayur Kamdar (Reuters) -European shares rose in the first trading session of 2023 on Monday as euro zone manufacturing data suggested the worst had passed after a year marred by fears of a recession as central banks hiked rates globally. The pan-regional STOXX 600 rose 1.0%, supported by consumer discretionary stocks. The automobile …

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