(Reuters) – New Zealand dairy giant Fonterra Co-operative Group Ltd said on Friday it would implement its new capital structure,…
Stellantis looks to India for affordable EVs for Europe
By Aditi Shah NEW DELHI (Reuters) -Fiat parent Stellantis has concluded it can’t currently make affordable electric vehicles (EVs) in…
Mobile operator Veon to sell Russian business for $2.2 billion
By Alexander Marrow and Supantha Mukherjee MOSCOW (Reuters) -Amsterdam-listed mobile operator Veon said on Thursday it would sell its Russian…
U.S. President Biden says Russian oil price cap in play
NANTUCKET, Mass. (Reuters) -U.S. President Joe Biden said on Thursday that price caps on Russian oil being proposed under the…
Airbus says reached settlement with French prosecutor on Libya, Kazakhstan bribery probe
PARIS (Reuters) – Airbus has reached a settlement with the French financial prosecutor (PNF) concerning judicial investigations related to Libya…
Dollar extends losses as Fed minutes signal slower rate hikes
By Samuel Indyk LONDON (Reuters) – The U.S. dollar extended losses on Thursday after the minutes from the Federal Reserve’s…
EU preparing new Russia sanctions package, von der Leyen says
By Essi Lehto HELSINKI (Reuters) -The European Union is pressing ahead with a ninth sanctions package on Russia in response…
Dollar nears 3-mth low, shares climb after Fed tests the brakes
By Marc Jones LONDON (Reuters) – Shares hit a two-month high and the dollar swooped towards a three-month low on…
Foxconn apologises for pay-related error at China iPhone plant after worker unrest
By Yimou Lee and Brenda Goh TAIPEI/SHANGHAI (Reuters) – Foxconn said on Thursday a pay-related “technical error” occurred when hiring…
Analysis-Slower Fed hikes spell relief from Tokyo to Buenos Aires
By Balazs Koranyi and Karin Strohecker FRANKFURT (Reuters) – The Federal Reserve’s signalling of a slowdown in the pace of…