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EV batteries will have to be 50% lighter in future, Stellantis tech chief says
MILAN (Reuters) - Carmaker Stellantis aims to develop lighter electric vehicle batteries, cutting weights in half to improve sustainability, the group's technology chief said on Friday. Ned Curic said...
Syndicated Content Sep 08, 2023
US equity funds see outflows for sixth week in a row
(Reuters) - Investors withdrew from U.S. equity funds for a sixth successive week in the seven days to Sept. 6, in the wake of downbeat economic data from China and Europe, and a surge in U.S Treasury...
Syndicated Content Sep 08, 2023
Italy’s food producers soften stance towards govt’s anti-inflation plan
By Giuseppe Fonte and Elisa Anzolin ROME (Reuters) - Italy's government secured some cooperation from producers' associations in its battle against rising prices, it said on Friday, though the last wo...
Syndicated Content Sep 08, 2023
Canada gains more jobs than expected in August, unemployment rate unchanged
By David Ljunggren and Steve Scherer OTTAWA (Reuters) - Canada's economy gained a much greater than expected net 39,900 jobs in August and the unemployment rate remained at 5.5%, official data showed ...
Syndicated Content Sep 08, 2023
Global money market funds attract biggest weekly inflows in three months
(Reuters) - Global money market funds attracted robust inflows in the week ended Sept. 6, as investors gravitated towards safer options amid concerns over slowing growth in China and Europe as well as...
Syndicated Content Sep 08, 2023
Global sovereign debt roundtable to meet on local debt restructuring -sources
By Jorgelina do Rosario LONDON (Reuters) - Global creditors will discuss the inclusion of domestic debt in restructuring plans for countries in default next week, two sources with direct knowledge of ...
Syndicated Content Sep 08, 2023
Kroger settles opioid case, posts net loss on related charge
(Reuters) -Kroger reported a quarterly net loss on Friday as the U.S. retailer took a $1.4 billion charge related to a nationwide opioid settlement, sending its shares down as much as 3% in premarket ...
Syndicated Content Sep 08, 2023
Berry Global initiates formal review to evaluate alternatives for health segment
(Reuters) - Berry Global Group said on Friday it has initiated a formal process to evaluate strategic alternatives for its health, hygiene and specialties segment (HH&S). (Reporting by Ananta Agarwal ...
Syndicated Content Sep 08, 2023
Kroger to pay up to $1.2 billion to US states and subdivisions in opiod settlement
(Reuters) - Kroger on Friday said it would pay up to $1.2 billion to U.S. states and subdivisions and $36 million to Native American tribes to settle the majority of opioid claims brought against the ...
Syndicated Content Sep 08, 2023
As war grinds on, HSBC halts Russia payments
By Iain Withers LONDON (Reuters) - HSBC will halt commercial payments by business customers to and from Russia and Belarus, the bank said on Friday, as lenders tighten restrictions beyond sanctions im...
Syndicated Content Sep 08, 2023
Peoria, IL, USA
58 °F Patchy rain nearby
