(Reuters) – Lucid Group said on Thursday that customers will get a $7,500 credit on buying certain variants of the…
Mercedez-Benz faces over 300,000 UK claims over diesel emissions
By Sam Tobin LONDON (Reuters) – Mercedes-Benz faces more than 300,000 claims at London’s High Court from the owners of…
Fed’s foot ‘unequivocally’ on brake, sensible to move slower, Barkin says
WASHINGTON (Reuters) – Tight monetary policy is “unequivocally” slowing the U.S. economy, allowing the Federal Reserve to move “more deliberately”…
Kellogg’s sales and profit beat estimates, to retain plant-based meat business
By Mehr Bedi (Reuters) -Kellogg Co surpassed market expectations for quarterly sales and profit on Thursday and said it would…
Russia’s current account surplus shrinks 58.2% in Jan as exports fall
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) -Lower export volumes saw Russia’s current account surplus shrink 58.2% to $8…
Bob Iger’s Disney revamp could keep critic Peltz ‘at bay’
(Reuters) – Walt Disney Co CEO Bob Iger dazzled Wall Street on Wednesday with sweeping changes and billions of dollars…
Volvo Cars will not cut EV prices to follow Tesla’s lead – CEO
By Marie Mannes STOCKHOLM (Reuters) – Volvo Cars’ top executive said on Thursday that the Swedish automaker has no intention…
Tapestry lifts profit outlook as younger shoppers snap up Coach handbags
(Reuters) – Tapestry Inc on Thursday raised its annual profit forecast after topping Wall Street estimates for quarterly earnings, as…
Brazil retail sales growth smallest in six years in 2022
SAO PAULO (Reuters) – Retail sales volumes in Brazil posted in 2022 their smallest annual growth in six years, government…
Credit Suisse seeks investors after buying Klein’s advisory boutique
By Stefania Spezzati and John O’Donnell FRANKFURT (Reuters) -Credit Suisse has taken another step towards creating a standalone investment bank…