Hedge funds are on track for their best monthly performance in more than a decade, after overcoming a market downturn in March triggered by the Iran war that dragged returns lower, according to Goldman Sachs' latest quarterly hedge fund industry report.
French automaker Renault will have seven models in India by 2030, including battery electric vehicles, as it steps up its product push in the world's third-largest auto market, its global CEO Francois Provost said on Thursday.
Chinese car brands like BYD are gaining traction among German consumers who are increasingly looking to buy electric cars amid rising fuel prices, according to online marketplace data seen by Reuters on Thursday.