By Peter Hobson LONDON (Reuters) -United States-based aluminium producer Alcoa wrote to the London Metal Exchange (LME) three times in…
Kellogg raises annual forecasts on higher prices as margin pressure looms
(Reuters) -Kellogg Co raised its full-year sales and profit forecasts on Thursday as demand for pricier cereals and snacks stays…
Boeing’s first crewed Starliner spaceflight slips to April 2023
WASHINGTON (Reuters) – Boeing’s first Starliner capsule mission carrying humans has slipped from February to April 2023 as the company…
BMW plans direct sales of its cars, CFO tells newspaper
BERLIN (Reuters) – Buyers of a BMW should be able to order a car directly from the manufacturer in the…
Europe – the warning light flashing on carmakers’ dashboards
By Nick Carey (Reuters) – Carmakers BMW and Stellantis on Thursday expressed concerns about Europe’s economic outlook, joining a chorus…
Stellantis to refocus China strategy with Jeep, Maserati brands
By Giulio Piovaccari and Gilles Guillaume MILAN (Reuters) -Stellantis sees its future as a niche player in China though its…
Russia turns to Japan for used car imports as domestic production slumps
By Gleb Stolyarov MOSCOW (Reuters) – With Russia’s domestic car industry smarting from the impact of Western sanctions, sales of…
Analysis: Energy market turmoil shakes Europe’s green power plan
By Susanna Twidale, Isla Binnie and Kate Abnett (Reuters) – Europe’s plan to roughly double renewable power generation by the…
Markets expect Fed to lift policy rate above 5% by March
(Reuters) – The Federal Reserve will take its benchmark policy rate above 5% by March and keep it there for…
U.S. is not in recession, White House not preparing for one – officials
WASHINGTON (Reuters) -The United States is not in a recession, White House chief of staff Ron Klain said on Thursday,…