(This Jan. 10 story has been corrected to show the euro zone 2023 GDP forecast as flat, not 0.5% growth)…
Audi Mexico and union avert strike in deal for 9.4% pay rise
MEXICO CITY (Reuters) – Carmaker Audi’s Mexico unit and worker representatives have agreed to 9.4% salary raises for 2023, forestalling…
Russia’s Aeroflot bought 10 Boeing 777 from Russian bank VEB – sources
(Reuters) – An Irish lessor that sold 10 Boeing 777-300ER aircraft to Russia’s flagship carrier Aeroflot last year was a…
Air Canada says transborder flights impacted by FAA outage
MONTREAL (Reuters) – Air Canada, the foreign carrier with the most flights into the United States, said its transborder operations…
Brazil retail sales post biggest drop in five months in November
SAO PAULO (Reuters) – Retail sales volumes in Brazil posted in November their biggest drop in five months, government statistics…
BNP Paribas to open new office in Miami in fourth quarter
NEW YORK (Reuters) – BNP Paribas Securities Corp, a unit of BNP Paribas, said on Wednesday it plans to open…
Electrolux warns of a loss due to weak North America performance
(Reuters) -Shares at Sweden’s Electrolux fell over 5% after the company on Wednesday announced that it would report a loss…
French unions gear up for fight against delayed retirement
By Noemie Olive and Ingrid Melander PARIS (Reuters) – French unions and opposition parties on Wednesday said they would fight…
German industry is losing green energy race, autos association warns
BERLIN (Reuters) -Germany urgently needs more carbon-neutral energy at affordable prices if it is to maintain its global relevance as…
Pakistan to take fiscal measures set by IMF to meet budgetary targets
By Asif Shahzad ISLAMABAD (Reuters) – Pakistan will take fiscal measures set by the International Monetary Fund (IMF) to meet…