By Oliver Hirt, Noele Illien and Michael Shields ZURICH (Reuters) – Francesco De Ferrari, the head of Credit Suisse’s wealth…
Hess CEO says OPEC ‘back in the driver’s seat’ as U.S. shale growth slows
By Liz Hampton and Sabrina Valle (Reuters) – The Organization of the Petroleum Exporting Countries (OPEC) is “back in the…
Vietnamese EV maker VinFast to supply 2,500 units to U.S. car subscription service Autonomy
HANOI (Reuters) – Vietnam’s electric vehicle maker VinFast said on Thursday it has struck a deal with U.S. car subscription…
Musk says he made some Tesla decisions without board nod, defends $56 billion pay
By Tom Hals and Hyunjoo Jin WILMINGTON, Del (Reuters) -Elon Musk said in court on Wednesday that he made some…
OBR sees UK GDP falling 2% in over a year of recession
LONDON (Reuters) – Britain’s economy will shrink by 2% in a recession that started during the previous quarter and is…
Fed’s Jefferson says low inflation key to U.S. prosperity
(Reuters) – High inflation hurts low-income households hardest, and bringing it down is the best way for the Federal Reserve…
Fed’s Bullard: Even ‘dovish’ policy assumptions require more rate hikes
By Howard Schneider WASHINGTON (Reuters) -Even under a “generous” analysis of monetary policy, the Federal Reserve needs to keep raising…
Volkswagen’s $2 billion Trinity electric vehicle plant in doubt
By Jan Schwartz HAMBURG (Reuters) -Volkswagen Chief Executive Oliver Blume is reviewing whether to stick to a plan to build…
Roku becomes latest firm to reduce staff with 200 job cuts
(Reuters) – Roku Inc said on Thursday it would cut 200 jobs in the United States, becoming the latest tech…
Britain softens business rates blow with 13.6 billion stg support package
By James Davey LONDON (Reuters) -Britain will provide 13.6 billion pounds ($16.1 billion) of support to retail, hospitality and leisure…