By Aishwarya Nair (Reuters) – Archer Aviation Inc said it aims to make about 250 battery-electric air taxis in 2025…
Volkswagen: we have never had supply chain shortages like today
By Victoria Waldersee BERLIN (Reuters) -Volkswagen is entering into direct purchase agreements in unprecedented areas to tackle the worst supply…
Meloni: Italy could be in recession in 2023, faces tough times
ROME (Reuters) – The new Italian government faces some of the toughest challenges since World War Two and the economy…
ADM’s profit doubles on high global grain demand
(Reuters) -Grain merchant Archer-Daniels-Midland Co on Tuesday reported a 96% rise in its third-quarter profit, bolstered by high demand and…
L’Oreal’s hair straighteners caused woman’s cancer, lawsuit claims
By Brendan Pierson (Reuters) – L’Oreal SA has been sued by a Missouri woman who alleges she developed uterine cancer…
Standard Chartered’s Winters says ‘gloom’ over economy arguably overdone
DUBAI (Reuters) – Standard Chartered Chief Executive Bill Winters said on Tuesday it was appropriate to be cautious in the…
Europe’s energy crisis heaps pain on heavy industry
By Bartosz Dabrowski, Olivier Sorgho and Jagoda Darlak (Reuters) – Makers of metals, chemicals and gases said on Tuesday that…
Software maker SAP’s revenue and outlook sends shares higher
By Supantha Mukherjee and Maria Sheahan STOCKHOLM/BERLIN (Reuters) -Software maker SAP remains on track to meet full-year guidance after its…
Spain antitrust watchdog fines Merck 39 million euros in contraceptives case
MADRID (Reuters) – Spain’s competition watchdog has slapped a 39 million-euro ($38.45 million) fine on U.S.-based Merck & Co Inc…
Analysis-China’s newly empowered Xi faces a daunting to-do list
By Tony Munroe and Yew Lun Tian BEIJING (Reuters) – China’s Xi Jinping kicks off his third leadership term with…