(Reuters) – Russia could provide up to 225 billion roubles ($3.6 billion) in state funds to power company Rosseti to…
Mercedes-Benz Vans plans first electric-only plant in Jawor
(Reuters) -Mercedes-Benz Vans will invest more than 1 billion euros ($1.05 billion) to build its first electric-only vans plant in…
UK economy set to get worse before recovery – Hunt
LONDON (Reuters) – British finance minister Jeremy Hunt said the country’s economy was “likely to get worse before it gets…
Rivian pauses JV plans with Mercedes-Benz to make electric vans in Europe
(Reuters) – Rivian Automotive Inc said on Monday it is pausing its joint venture with Mercedes-Benz Vans, just three months…
Exclusive-Morgan Stanley to slash 2022 banker bonuses in Asia by up to half – sources
By Scott Murdoch and Kane Wu SYDNEY/HONG KONG (Reuters) – Morgan Stanley plans to slash investment bankers’ annual bonuses by…
Taiwan central bank likely to announce another mild rate hike: Reuters Poll
TAIPEI (Reuters) – Taiwan’s central bank is expected to raise its policy rate again this week at the same mild…
Calling peak inflation: Five questions for the ECB
By Dhara Ranasinghe, Naomi Rovnick and Stefano Rebaudo LONDON (Reuters) -The European Central Bank meets this Thursday and looks set…
Businesses in China’s Wuhan face fresh worries after COVID easing
By Martin Quin Pollard WUHAN, China (Reuters) – Infections are delivering a fresh kick in the teeth for many small…
Turbulence still haunts LME nickel, months on from trade debacle
By Pratima Desai LONDON (Reuters) -With memories still fresh of the nickel market meltdown in March, the industry didn’t need…
European food delivery shapes up with Getir’s Gorillas buy
By Toby Sterling AMSTERDAM (Reuters) -Grocery-in-minutes company Getir’s $1.2 billion deal to buy rival Gorillas is an important step toward…