BERLIN (Reuters) – Bosch has agreed to increase its shareholding in Sweden’s Husqvarna to roughly 12%, making it one of…
U.S. bond funds draw inflows for third straight week
(Reuters) – U.S. bond funds obtained net inflows for a third straight week in the seven days to Jan. 25…
ICE to open London gas hub, creating route around EU price cap
By Kate Abnett BRUSSELS (Reuters) -The Intercontinental Exchange plans to launch a “parallel market” in London for Title Transfer Facility…
Musk outlines Tesla’s recession playbook: claw back costs
By Abhirup Roy and Kevin Krolicki (Reuters) -Elon Musk has a playbook for Tesla headed into what he believes will…
Musk bullish on Tesla sales as price cuts boost demand
By Hyunjoo Jin and Akash Sriram (Reuters) – Tesla Inc’s aggressive price cuts have ignited demand for its electric vehicles,…
Barcelona bans grocery delivery companies’ ‘dark stores’
By Joan Faus BARCELONA (Reuters) – Barcelona’s city hall on Friday approved a total ban on so-called “dark stores” –…
Spirits maker Remy Cointreau sees weak U.S. demand deep into 2023
By Dagmarah Mackos (Reuters) -Remy Cointreau said on Friday it expected U.S. demand for cognac to weaken well into 2023, after…
Prada appoints former Luxottica chief Guerra as new CEO
MILAN (Reuters) – Italian fashion group Prada said on Friday it appointed former Luxottica chief Andrea Guerra as its new…
Pakistani rupee fall slows as PM Sharif hopes for IMF funds
By Ariba Shahid and Asif Shahzad KARACHI, Pakistan (Reuters) -The Pakistani rupee’s two-day decline slowed on Friday on news that…
Japan, Netherlands to join U.S. in restricting chip equipment exports to China-Bloomberg
TOKYO (Reuters) -Japan and the Netherlands will soon agree to join the United States in restricting exports of semiconductor manufacturing…