By William Schomberg LONDON (Reuters) – Newly confirmed finance minister Jeremy Hunt must keep investors calm about Britain’s debt mountain,…
Hyundai breaks ground on $5.5 billion U.S. EV, battery plant
By David Shepardson ELLABELL, Ga. (Reuters) – Hyundai Motor Co broke ground on a $5.54 billion electric vehicle (EV) and…
‘Unbanked’ U.S. households hit lowest level since financial crisis
By Hannah Lang (Reuters) – The share of Americans who did not have a checking or savings account fell last…
Airbus faces fresh bribery settlement, French prosecutor says
PARIS (Reuters) – French authorities are in talks with planemaker Airbus that could lead to the expansion of a record…
Analysis-Britain’s finance bosses hope Sunak steadies ship after market chaos
By Iain Withers, Lawrence White and Huw Jones LONDON (Reuters) -After seven weeks in which Britain’s reputation for financial credibility…
Chip shortage forces temporary closure of Volvo Cars factory – GP
STOCKHOLM (Reuters) – Swedish automaker Volvo Cars will temporary close one of its factories due to a chip shortage, the…
Russia’s central bank says inflationary expectations edge up in October
MOSCOW (Reuters) – Inflationary expectations for the year ahead among Russian households rose in October to 12.8% from 12.5% in…
Coca-Cola lifts forecasts as demand keeps pace with pricier sodas
By Uday Sampath Kumar and Granth Vanaik (Reuters) -Coca-Cola Co on Tuesday joined rival PepsiCo Inc in raising annual forecasts…
HSBC makes surprise succession move as forecasts hit shares
By Lawrence White and Anshuman Daga LONDON/SINGAPORE (Reuters) -HSBC named Georges Elhedery as its new chief financial officer on Tuesday…
BlackRock raises $4.5 billion for climate-focused infrastructure fund
(Reuters) – BlackRock Inc has raised $4.5 billion out of an overall $7.5 billion-target for a new fund to invest…