By Aishwarya Nair (Reuters) – Archer Aviation Inc said it aims to make about 250 battery-electric air taxis in 2025…
Volkswagen: we have never had supply chain shortages like today
By Victoria Waldersee BERLIN (Reuters) -Volkswagen is entering into direct purchase agreements in unprecedented areas to tackle the worst supply…
Exclusive-Blackwells launches proxy fights, wants board seats at GNL, Necessity Retail
By Svea Herbst-Bayliss NEW YORK (Reuters) – Blackwells Capital has launched two separate proxy fights for board seats at Global…
Meloni: Italy could be in recession in 2023, faces tough times
ROME (Reuters) – The new Italian government faces some of the toughest challenges since World War Two and the economy…
ADM’s profit doubles on high global grain demand
(Reuters) -Grain merchant Archer-Daniels-Midland Co on Tuesday reported a 96% rise in its third-quarter profit, bolstered by high demand and…
L’Oreal’s hair straighteners caused woman’s cancer, lawsuit claims
By Brendan Pierson (Reuters) – L’Oreal SA has been sued by a Missouri woman who alleges she developed uterine cancer…
Raytheon quarterly revenue climbs on aerospace demand
By Mike Stone and Nathan Gomes (Reuters) – Aerospace supplier Raytheon Technologies Corp on Tuesday posted a near 5% rise…
Standard Chartered’s Winters says ‘gloom’ over economy arguably overdone
DUBAI (Reuters) – Standard Chartered Chief Executive Bill Winters said on Tuesday it was appropriate to be cautious in the…
Europe’s energy crisis heaps pain on heavy industry
By Bartosz Dabrowski, Olivier Sorgho and Jagoda Darlak (Reuters) – Makers of metals, chemicals and gases said on Tuesday that…
Software maker SAP’s revenue and outlook sends shares higher
By Supantha Mukherjee and Maria Sheahan STOCKHOLM/BERLIN (Reuters) -Software maker SAP remains on track to meet full-year guidance after its…