By Nupur Anand and Siddhi Nayak MUMBAI (Reuters) – Some of India’s leading public sector banks said on Friday their…
Yellen says South Africa needs action to maintain energy transition momentum
By Andrea Shalal JOHANNESBURG (Reuters) -South Africa needs concrete action soon if it is to maintain momentum on an energy…
H&M highlights fast-fashion gloom as luxury takes hit in China
LONDON (Reuters) – H&M said on Friday soaring costs had slashed its profits, the latest fast-fashion retailer to feel the…
Germany’s Bosch to increase stake in Sweden’s Husqvarna to 12%
BERLIN (Reuters) – Bosch has agreed to increase its shareholding in Sweden’s Husqvarna to roughly 12%, making it one of…
U.S. bond funds draw inflows for third straight week
(Reuters) – U.S. bond funds obtained net inflows for a third straight week in the seven days to Jan. 25…
ICE to open London gas hub, creating route around EU price cap
By Kate Abnett BRUSSELS (Reuters) -The Intercontinental Exchange plans to launch a “parallel market” in London for Title Transfer Facility…
Musk outlines Tesla’s recession playbook: claw back costs
By Abhirup Roy and Kevin Krolicki (Reuters) -Elon Musk has a playbook for Tesla headed into what he believes will…
Musk bullish on Tesla sales as price cuts boost demand
By Hyunjoo Jin and Akash Sriram (Reuters) – Tesla Inc’s aggressive price cuts have ignited demand for its electric vehicles,…
Barcelona bans grocery delivery companies’ ‘dark stores’
By Joan Faus BARCELONA (Reuters) – Barcelona’s city hall on Friday approved a total ban on so-called “dark stores” –…
Spirits maker Remy Cointreau sees weak U.S. demand deep into 2023
By Dagmarah Mackos (Reuters) -Remy Cointreau said on Friday it expected U.S. demand for cognac to weaken well into 2023, after…