BERLIN (Reuters) – Volkswagen will refocus on raising productivity after numerous challenging years and is targeting margin parity between electric…
U.S. business activity slumps in December; price pressures ease – S&P Global survey
WASHINGTON (Reuters) – U.S. business activity contracted further in December as new orders slumped to the lowest level in just…
French financial prosecutor confirms GE’s Belfort site searched
PARIS (Reuters) – Searches were conducted on Thursday at U.S conglomerate General Electric’s Belfort site in France as part of…
Goldman Sachs to cut thousands of employees – source
NEW YORK (Reuters) – Goldman Sachs Group Inc is planning to cut a couple of thousand employees to navigate a…
Vivendi offers remedies to address EU concerns over planned Lagardere takeover -filing
BRUSSELS (Reuters) – French media conglomerate Vivendi has offered remedies to address European Union (EU) competition concerns over its planned…
Self-driving trucking firm TuSimple appoints CFO, reconstitutes audit panel
(Reuters) – TuSimple Holdings Inc appointed interim financial chief Eric Tapia on a permanent basis and reconstituted its audit committee,…
Czech interest rates likely to stay on hold until mid-2023 – Reuters poll
By Jason Hovet PRAGUE (Reuters) – The Czech National Bank (CNB) is likely to hold interest rates steady at its…
BlackRock to make leadership changes across units (Dec. 14)
(Corrects paragraph 3 to say that Gary Shedlin, Mark McCombe and Rob Fairbairn will step down from BlackRock’s global executive…
Fortum CFO steps down, to be replaced by Uniper executive
OSLO (Reuters) -Finnish energy group Fortum said on Friday its Chief Financial Officer Bernhard Gunther will step down in the…
ECB’s Knot says Fed is closer to end of rate hikes than ECB
AMSTERDAM (Reuters) – The European Central Bank (ECB) has a longer way to go in raising interest rates than the…