TOKYO (Reuters) – Mitsubishi Motors Corp, a junior partner in the Nissan Motor Co and Renault alliance, has not made…
German manufacturing slumps in October as new orders drop – PMI
BERLIN (Reuters) – The downturn in Germany’s manufacturing sector gathered pace in October as output and new orders slumped, marking…
Euro zone factory downturn deepened in Oct as demand slumped
LONDON (Reuters) – The decline in euro zone manufacturing activity was sharper than initially estimated last month, indicating that the…
Wizz Air eyes more growth, sees travel demand holding up
By Sarah Young LONDON (Reuters) -Budget airline Wizz Air said it planned to grow its capacity by 35% this winter…
Volvo Cars’ sales up 7% in October
STOCKHOLM (Reuters) – Sweden-based Volvo Car AB said on Wednesday its sales grew 7% year-on-year in October to 54,317 cars.…
U.S. provides grants, loans to expand meat processing capacity
CHICAGO (Reuters) – The U.S. Department of Agriculture will direct $73 million in grants to small- and medium-sized meat and…
Barclays builds up Asia business, sees growth in India and Australia
By Anshuman Daga and Yantoultra Ngui SINGAPORE (Reuters) – Barclays Plc, which recently made big investments in India and Australia…
Nomura calls quarterly profit unsatisfactory as market downturn bites
By Makiko Yamazaki TOKYO (Reuters) -Nomura Holdings Inc, Japan’s top brokerage and investment bank, said it was unhappy with its…
French factory activity shrank in Oct more than first estimated – final PMI
PARIS (Reuters) – Activity in France’s manufacturing sector weakened in October by more than initially estimated, according to a monthly…
China COVID curbs exact wider business toll on Yum, EV maker Nio
SHANGHAI (Reuters) – Chinese electric vehicle maker NIO suspended production at its plants in the eastern city of Hefei as…