Category Archives:
Talks over new job contracts at Italian auto groups to continue in January – union
MILAN (Reuters) - Ongoing talks over new job contracts in Italy for Stellantis, Ferrari, CNH Industrial and Iveco will be extended into January, a union representative said on Monday. Gianluca Ficco o...
Dec 12, 2022
Mercedes-Benz Vans plans first electric-only plant in Jawor
(Reuters) - Mercedes-Benz Vans will build its first electric-only vans plant in Jawor, Poland, pending approval of conditions including the sign-off of subsidies for its investment in the country, the...
Dec 12, 2022
UK economy set to get worse before recovery – Hunt
LONDON (Reuters) - British finance minister Jeremy Hunt said the country's economy was "likely to get worse before it gets better" after figures on Monday showed a bounce-back in growth in October but...
Dec 12, 2022
Rivian pauses JV plans with Mercedes-Benz to make electric vans in Europe
(Reuters) - Rivian Automotive Inc said on Monday it is pausing its joint venture with Mercedes-Benz Vans, just three months after the companies entered a partnership to make electric vans in Europe. T...
Dec 12, 2022
Explainer-U.N. nature summit puts industry on alert to disclose more
By Allison Lampert MONTREAL (Reuters) - Industry executives have joined activists and negotiators from nearly 200 countries at this month's U.N. nature summit in Montreal, where negotiations on a glob...
Dec 12, 2022
European shares fall on caution ahead of cenbanks’ rate decisions
(Reuters) - European shares fell on Monday, as investors braced for interest rate decisions from the U.S. Federal Reserve and the European Central Bank due this week, while rising COVID-19 infections ...
Dec 12, 2022
Amgen set to buy biotech firm Horizon at $26 billion valuation – Bloomberg News
(Reuters) - Amgen Inc is set to buy biotech firm Horizon Therapeutics Plc at a valuation of about $26 billion in what would be its largest acquisition, Bloomberg News reported on Monday. The U.S. biot...
Dec 12, 2022
Shipping firm Maersk picks Vincent Clerc as new CEO
COPENHAGEN (Reuters) - Shipping giant A.P. Moller-Maersk said on Monday it had appointed Vincent Clerc, who has been with the firm for 25 years, to replace Soren Skou as Chief Executive Officer as of ...
Dec 12, 2022
UK economy rebounds from royal funeral hit, outlook remains bleak
LONDON (Reuters) -Britain's economy rebounded in October a little more strongly than expected from September when output was affected by a one-off public holiday to mark the funeral of Queen Elizabeth...
Dec 12, 2022
Microsoft to buy about 4% stake in LSEG as part of 10-yr commercial deal
(Reuters) -Microsoft will buy about 4% equity stake in London Stock Exchange Group as part of a 10-year commercial deal to migrate the bourse operator's data platform into the cloud, the British compa...
Dec 12, 2022
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