By David Shepardson WASHINGTON (Reuters) – The United States aims to only sell and produce zero-emissions medium- and heavy-duty vehicles…
Volkswagen in talks with pre-IPO investors for battery unit – sources
By Emma-Victoria Farr and Jan Schwartz FRANKFURT/HAMBURG (Reuters) – German carmaker Volkswagen is holding discussions with investors to join its…
Brazil spending waiver may trigger record debt, crimp monetary policy
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Brazil’s incoming government effort to exempt nearly 200 billion reais ($37…
Japanese electric motor maker Nidec to build $715 million Mexican plant
TOKYO (Reuters) -Japanese electric motor maker Nidec Corp is planning to invest about $715 million to build a plant in…
Dollar heads for weekly gain as Fed pushes back on pivot
By Amanda Cooper LONDON (Reuters) – The dollar eased on Friday, but was still headed for its largest weekly gain…
Deutsche Bank CEO warns of ‘danger’ of European reliance on foreign banks
FRANKFURT (Reuters) -Deutsche Bank Chief Executive Christian Sewing on Friday warned of the “danger” of European reliance on foreign banks,…
Marketmind: Tough Fed talk
A look at the day ahead in markets from Anshuman Daga While Fed speakers talk tough on interest rates and…
Hong Kong’s leading crypto retail operator says it ceases trading as FTX fallout roils sector
By Georgina Lee HONG KONG (Reuters) – A leading cryptocurrency retail service provider in Hong Kong said it has ceased…
UniCredit to give staff in Germany 2,500 euro tax-free bonus-memo
MILAN (Reuters) – Italy’s second-largest lender UniCredit will give its staff in Germany a bonus of 2,500 euros ($2,594) to…
UK retail sales recover only partially as outlook darkens
By Andy Bruce LONDON (Reuters) -British retail sales staged only a partial rebound last month after shops closed in September…