By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) – Thyssenkrupp’s restructuring was progressing at a slow pace, its finance chief…
Supplier Howmet offers conservative jet production forecast for 2023
(Reuters) – Supplier Howmet Aerospace Inc on Tuesday offered a conservative outlook for narrowbody jet production at top planemakers Boeing…
Nigeria’s Buhari tells central bank to allocate more dollars to Emirates
By Felix Onuah ABUJA (Reuters) -Nigerian President Muhammadu Buhari has directed the central bank to increase the amount of foreign…
Britain sets out legislation to regulate buy-now-pay-later credit
By Huw Jones LONDON (Reuters) -Britain on Tuesday set out draft legislation to regulate “buy now pay later” (BNPL) credit,…
EY expects ‘massive approval’ in vote to split up company
By Huw Jones LONDON (Reuters) -Partners in EY are expected to give approval for spinning off the company’s consulting arm…
World Bank most concerned in MENA about Lebanon and Tunisia
By Yousef Saba DUBAI (Reuters) – The World Bank is particularly concerned in the Middle East and North Africa region…
Euro zone’s employment record complicates life for ECB
BRUSSELS/FRANKFURT (Reuters) -Euro zone employment surged more than expected to a new record high last quarter as a surprisingly resilient…
U.S. gas producers skimped on price hedges and now face a reckoning
By Arathy Somasekhar HOUSTON (Reuters) – A rout in natural gas prices will hurt first-quarter earnings and cash flows at…
Leidos Holdings sees 2023 profit below estimates as supply chain woes persist
(Reuters) – U.S. defense contractor Leidos Holdings Inc forecast lower-than-expected 2023 profit as the industry struggles with labor shortages, higher…
Shoichiro Toyoda, son of Toyota founder, dies aged 97
TOKYO (Reuters) – Shoichiro Toyoda, the son of Toyota Motor Corp founder and father of current chief executive Akio Toyoda,…