By Mike Dolan LONDON (Reuters) – Almost as surprising as the weekend’s shock events in Brasilia was how little world…
Volkswagen’s Skoda Auto deliveries drop for fourth straight year in 2022
PRAGUE (Reuters) – Volkswagen unit Skoda Auto saw its global deliveries fall by 16.7% in 2022 due to parts shortages,…
Spain’s November industrial output falls 1.1% year-on-year
(Reuters) – Spain’s seasonally and calendar-adjusted industrial output fell 1.1% year-on-year in November, official data from the country’s National Statistics…
Low use of shortened work hours points to mild German recession – Ifo
BERLIN (Reuters) – Low take up of a government-backed ‘Kurzarbeit’ shortened hours facility points to a “very mild” recession in…
LVMH could pick Pietro Beccari as new Louis Vuitton CEO – paper
ROME/PARIS (Reuters) – The world’s largest luxury group LVMH could pick Pietro Beccari as new CEO of Louis Vuitton, the…
Marketmind: Risk on, risk off
A look at the day ahead in European and global markets from Anshuman Daga Asian equity markets are flirting with…
Chemicals firm Sika’s annual sales exceed target on expansion and acquisitions
(Reuters) – Swiss chemicals maker Sika AG reported a 13.4% increase in full-year sales, as new factory openings and acquisitions…
Audi Mexico agrees on wage increase with union, avoiding strike
MEXICO CITY (Reuters) – Audi’s Mexico unit reached an agreement Tuesday with its union regarding a wage increase for 2023,…
Macro hedge funds end 2022 on high, many others lose big, investors say
By Svea Herbst-Bayliss NEW YORK (Reuters) -Some hedge funds that bet on macroeconomic trends boasted eye-popping double and even triple…
U.S. agency plans to propose new fuel economy standards in April
By David Shepardson WASHINGTON (Reuters) – The National Highway Traffic Safety Administration (NHTSA) plans to propose new fuel economy standards…