FRANKFURT (Reuters) – Thyssenkrupp expects sales to fall by less than 10% in 2023, its chief financial officer told analysts…
U.S. housing starts tumble in October amid soaring mortgage rates
WASHINGTON (Reuters) – U.S. homebuilding fell sharply in October, with single-family projects dropping to the lowest level in nearly 2-1/2…
CEO diversity slow to change even as U.S. boards hire more women and minorities
By Rachael Levy and Ross Kerber WASHINGTON/BOSTON (Reuters) – The share of women and minority leaders taking on CEO roles…
Philadelphia Fed factory activity index drops unexpectedly
(Reuters) – A gauge of manufacturing activity in the U.S. mid-Atlantic region fell unexpectedly this month to its lowest level…
Britain to help insurers invest in economy, trims bank tax rate
By Huw Jones, Iain Withers and Carolyn Cohn LONDON (Reuters) -Britain set out more plans on Thursday to help make…
Vivendi’s Cadoret quits TIM board for ‘personal reasons’
ROME (Reuters) -Frank Cadoret, one of two board members representing top investor Vivendi in Telecom Italia (TIM), resigned for “personal…
Italy’s Enel to build solar PV cell & panel factory in U.S
MILAN (Reuters) -Italian utility Enel said on Thursday it would build a solar photovoltaic (PV) cell and panel manufacturing facility…
Merck picks Goldman Sachs to launch pigments sale in 2023 – sources
By Emma-Victoria Farr and Ludwig Burger FRANKFURT (Reuters) – German diversified group Merck KGaA has tapped Goldman Sachs to revive…
Lyondell plans to expand propylene capacity at Houston
(Reuters) – Lyondell Basell Industries is evaluating expansion of propylene production capacity at its Channelview Complex near Houston, the chemicals…
German exports likely to fall 2% next year – DIHK survey
BERLIN (Reuters) -German exports are likely to fall 2% next year due to a sluggish global economy, with nearly half…