By Foo Yun Chee BRUSSELS (Reuters) – The European Commission will propose light-touch rules for Airbnb and other short-term home…
Europe leans on Asia for ‘homegrown’ EV batteries
By Nick Carey and Victoria Waldersee LONDON/BERLIN (Reuters) – Europe’s drive to build a homegrown electric vehicle battery industry is…
Carlyle backs solar developer Aspen Power with $350 million investment
By Chibuike Oguh and Simon Jessop NEW YORK (Reuters) – Private equity firm Carlyle Group Inc said on Thursday it…
Federal Reserve rate hikes rival inflation pain in one rural town
By Howard Schneider GREENSBORO, Alabama (Reuters) – The community roundtable was organized as a chance for Atlanta Federal Reserve President…
Marketmind: Slower, higher, longer
A look at the day ahead in U.S. and global markets from Mike Dolan. If markets thought a Fed ‘pivot’…
VW’s SEAT says Spain’s subsidy for battery plant, EV production ‘not sufficient’
By Corina Pons MADRID (Reuters) -The chief of Volkswagen’s Spanish unit SEAT said on Thursday the subsidies offered by Spanish…
Starbucks investors seek specifics from incoming CEO on union, cafe overhauls
By Hilary Russ and Jessica DiNapoli NEW YORK (Reuters) – Incoming Chief Executive Officer Laxman Narasimhan took the stage at…
Credit Suisse warns of potential profitability drop
ZURICH (Reuters) -Credit Suisse profitability could be hit by a drop in asset management fees in the fourth quarter, the…
BNP Paribas profit tops forecast despite higher costs, debt markdown
By Silvia Aloisi and Matthieu Protard PARIS (Reuters) -BNP Paribas, the euro zone’s biggest lender, posted a higher than expected…
China says U.S. has ‘no right’ to interfere in Hamburg port deal
BEIJING (Reuters) – The U.S has “no right” to interfere in Chinese cooperation with Germany, China’s foreign ministry said Thursday,…