TOKYO (Reuters) – Toyota Motor Corp sold 10.5 million vehicles in 2022, it said on Monday, defending its title as…
With tiny EV, City Transformer takes aim at Europe’s urban markets
By Nick Carey (Reuters) – Israeli electric vehicle (EV) startup City Transformer aims to launch production of its small urban…
IKEA taps Baltics, others for more wood supplies after shunning Russia
(This Jan. 26 story has been updated to correct the name of the subsidiary to Ingka (not IKEA) Investments in…
Austria’s Raiffeisen says Ukrainian sanctions target its leasing unit
VIENNA (Reuters) – A Russian leasing unit of Austrian lender Raiffeisen Bank International is among the companies targeted by sanctions…
Iberia solves IT problem that delayed dozens of flights
MADRID (Reuters) – Spanish flag carrier Iberia said on Sunday it had solved an IT problem in the airline’s booking…
Hungary cbank could start “cautious” rate cuts once CPI slows – minister
BUDAPEST (Reuters) – Hungary’s January annual inflation is expected to rise above 25% but in February price growth will start…
Rheinmetall eyes boost in munitions output, HIMARS production in Germany
By Sabine Siebold and Anneli Palmen DUESSELDORF (Reuters) – German arms-maker Rheinmetall is ready to greatly boost the output of…
Gucci names De Sarno as creative director with task of reviving brand
By Silvia Aloisi and Mimosa Spencer PARIS (Reuters) – French luxury goods group Kering has appointed Sabato De Sarno, a…
UK regional airline Flybe ceases trading, cancels all flights
By Mrinmay Dey and James Davey LONDON (Reuters) -British regional airline Flybe on Saturday ceased trading for the second time…
German labour representative says Ford execs have offered talks on restructuring plan
FRANKFURT (Reuters) -Ford executives have indicated they are willing to hold talks with labour representatives over planned structural changes at the U.S.…