By Adnan Abidi, M. Sriram and Aditi Shah NEW DELHI (Reuters) – The crisis engulfing the Adani Group intensified on…
EV startup Vinfast to cut U.S. jobs amid restructuring
By Phuong Nguyen (Reuters) -Vietnamese electric vehicle maker VinFast is cutting its workforce in the United States, the company said…
Analysis-Renault cuts Nissan stake, shedding conglomerate discount may be tougher
By Gilles Guillaume and David Dolan LONDON/TOKYO (Reuters) – Renault SA has taken big steps to simplify its complicated alliance…
Germany to drag on European growth this decade – Scope ratings agency
BERLIN (Reuters) – Germany will act as a drag on growth in Europe until at least 2030, as it faces…
Russia central bank to adopt hawkish tone, keep rate at 7.5% this week: Reuters poll
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Yellen: ‘You don’t have a recession’ when U.S. unemployment at 53-year low
By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Monday said she saw a path for avoiding a…
Cummins sees double-digit revenue growth for fiscal 2023 on engine demand
(Reuters) – Cummins Inc on Monday forecast fiscal 2023 revenue growth between 12% and 17%, anticipating strong demand for its…
Brazil’s Lula to restart housing program for low-income families
BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva will this month restart the federal housing program “Minha Casa,…
U.S. farmers plan to go ‘heavy on corn’ in 2023 despite risks
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From boom to bottom and now big change: Renault and Nissan reshape alliance
PARIS/TOKYO (Reuters) – French carmaker Renault and its Japanese partner Nissan announced a deal on Monday to redesign their decades-long…