By Nick Carey (Reuters) – Carmakers BMW and Stellantis on Thursday expressed concerns about Europe’s economic outlook, joining a chorus…
EV maker Nikola to miss annual delivery target for semi-trucks
(Reuters) -EV maker Nikola Corp said it will miss its goal of delivering at least 300 semi-trucks this year and…
Nutrien sticks to fertilizer expansion plan despite farmers balking at high prices
WINNIPEG, Manitoba (Reuters) – Nutrien Ltd, the world’s biggest fertilizer producer, intends to follow through on plans to expand production…
Roku dives as tough ad market drives downbeat forecasts
(Reuters) -Roku Inc shares dropped 14% to a more than three-year low on Thursday following downbeat forecasts a day earlier,…
Stellantis to refocus China strategy with Jeep, Maserati brands
By Giulio Piovaccari and Gilles Guillaume MILAN (Reuters) -Stellantis sees its future as a niche player in China though its…
Russia turns to Japan for used car imports as domestic production slumps
By Gleb Stolyarov MOSCOW (Reuters) – With Russia’s domestic car industry smarting from the impact of Western sanctions, sales of…
Analysis: Energy market turmoil shakes Europe’s green power plan
By Susanna Twidale, Isla Binnie and Kate Abnett (Reuters) – Europe’s plan to roughly double renewable power generation by the…
Markets expect Fed to lift policy rate above 5% by March
(Reuters) – The Federal Reserve will take its benchmark policy rate above 5% by March and keep it there for…
Under Armour cuts forecasts on weak demand, higher discounts
(Reuters) -Under Armour Inc cut its annual revenue and profit forecasts on Thursday amid weakening demand for sporting goods and…
U.S. is not in recession, White House not preparing for one – officials
WASHINGTON (Reuters) -The United States is not in a recession, White House chief of staff Ron Klain said on Thursday,…