By Paul Sandle LONDON (Reuters) – Nick Read will step down as Vodafone chief executive by the end of the…
U.S. factory orders beat expectations in October
WASHINGTON (Reuters) – New orders for U.S.-manufactured goods increased more than expected in October amid strong gains in demand for…
Volkswagen resumes production at China plants
BERLIN (Reuters) – Volkswagen and FAW’s (SASACJ.UL) plant in Chengdu, China has resumed production after a brief halt and two…
AT&T to pay $6 million to SEC to settle lawsuit over leaks to analysts
(Reuters) – AT&T Inc. has agreed to pay a $6.25 million penalty to settle a Securities and Exchange Commission lawsuit…
Venezuela sees oil exports financing almost two-thirds of 2023 budget
By Mayela Armas CARACAS (Reuters) – Venezuela’s government expects oil exports to finance 63% of its national budget in 2023,…
Moody’s sees ‘very high’ foreign exchange risk for banks in Ukraine, Turkey
LONDON (Reuters) – Banks in countries such as Ukraine and Turkey face a “very high” risk from restrictions on capital…
Hungary central bank chief sees 15%-18% inflation in 2023, urges end to price caps
By Krisztina Than BUDAPEST (Reuters) -Hungary’s inflation could be between 15% and 18% next year, the National Bank of Hungary’s…
Ukraine and UAE to start talks on bilateral trade deal
By Rachna Uppal DUBAI (Reuters) -The United Arab Emirates and Ukraine agreed on Monday to begin talks on a bilateral…
Spain to lend Airbus 2.14 billion euros for miltary programmes
MADRID (Reuters) -Spain will lend Airbus 2.14 billion euros ($2.26 billion) to help the company to develop its military drone…
Why U.S. airline pilot wages are outpacing global rises
By Jamie Freed (Reuters) -Delta Air Lines has offered a 34% cumulative pay increase to its pilots over three years…