By Valentina Za MILAN (Reuters) – UniCredit on Tuesday galvanised investors by pledging to return 5.25 billion euros ($5.69 billion)…
Stellantis focused on ethanol hybrid vehicles in South America, executive says
SAO PAULO (Reuters) -Stellantis NV expects to have in place by the end of this year the technologies needed for…
Volkswagen considering battery cell factory in Ontario -Handelsblatt
BERLIN (Reuters) -Volkswagen is looking at setting up a battery cell factory in Ontario, Germany’s Handelsblatt business daily reported on…
Brazil creates 2 million net formal jobs in 2022, down 26.6%
BRASILIA (Reuters) – Brazil’s net creation of formal jobs fell 26.6% in 2022 from the previous year, Labor Ministry figures…
Lebanon to devalue currency by 90% on Feb. 1, central bank chief says
By Laila Bassam, Maya Gebeily and Timour Azhari BEIRUT (Reuters) -Lebanon will adopt a new official exchange rate of 15,000…
Airbus and Qatar edge towards agreement in A350 dispute – sources
By Tim Hepher and Michel Rose PARIS (Reuters) – Airbus and Qatar Airways are edging towards an agreement to settle…
Unilever turns to former Heinz exec to steer new course
By Richa Naidu LONDON (Reuters) -Incoming Unilever CEO Hein Schumacher gets seasick, according to his former boss at food group…
Vodafone’s interim CEO faces first public test as calls for change grow
By Paul Sandle and Emilio Parodi LONDON/MILAN, Italy (Reuters) – Vodafone shareholders will look for two things from interim CEO…
European shares end lower but log biggest January gain in eight years
By Amruta Khandekar and Ankika Biswas (Reuters) -Europe’s STOXX 600 fell on Tuesday as investors geared up for a fresh…
Biden to ask McCarthy to show Republican budget in White House meeting
WASHINGTON (Reuters) – President Joe Biden will release his proposed budget on March 9, the White House said on Tuesday,…