Category Archives:
Puma lagging behind inflation with its price increases – CEO
BERLIN (Reuters) - Puma is lagging somewhat behind inflation with its price increases, said the German sportswear maker's chief executive, with prices being raised on a local, not global, basis. Bjorn...
Oct 26, 2022
Rouble edges lower ahead of three OFZ treasury bond auctions
MOSCOW (Reuters) - The rouble edged lower on Wednesday, easing towards the 62 mark against the dollar ahead of three planned OFZ treasury bond auctions by the finance ministry, while Russia's benchmar...
Oct 26, 2022
Audi partners with Swiss Sauber for Formula One
FRANKFURT/LONDON (Reuters) - Audi said on Wednesday it has agreed to take a stake in Swiss-based Sauber Group, whose team will become the German car manufacturer's works entry in Formula One from 2026...
Oct 26, 2022
Tech stocks drag European shares lower after sombre Wall Street earnings
(Reuters) - European stocks slipped from one-month highs on Wednesday, with technology stocks leading the losses as disappointing results from Wall Street giants and a warning from Dutch semiconductor...
Oct 26, 2022
Turkish competition board fines Meta Platforms $18.6 million
ISTANBUL (Reuters) - Turkey's competition authority said on Wednesday that it had fined Facebook-parent Meta Platforms Inc 346.72 million lira ($18.63 million) for violating competition law. In a stat...
Oct 26, 2022
Former president of China Merchants Bank arrested over suspected bribes – state media
BEIJING (Reuters) - China's top prosecutor has decided to arrest Tian Huiyu, a former president of China Merchants Bank, on suspicion of taking bribes and abusing power, state broadcaster CCTV said on...
Oct 26, 2022
Ex treasury secretary Mnuchin says U.S. in recession, will continue
RIYADH (Reuters) - Former U.S. treasury secretary Steve Mnuchin said on Wednesday he believed the United States was in a recession and said this would continue. Speaking at Riyadh's flagship investmen...
Oct 26, 2022
UK finance minister Hunt tells Bailey he reaffirms BoE independence
LONDON (Reuters) - British finance minister Jeremy Hunt met Bank of England Governor Andrew Bailey on Tuesday and reaffirmed his commitment to the central bank's independence and its inflation target,...
Oct 26, 2022
Mercedes-Benz: top-end, battery-electric sales hampered by supply bottlenecks – CFO
(Corrects headline to say "battery-electric sales", not "battery sales") BERLIN (Reuters) - Mercedes-Benz expects top end vehicle sales to rise in the single digits and said battery-electric vehicle p...
Oct 26, 2022
Mercedes-Benz to sell shares in Russian subsidiaries to local investor
BERLIN (Reuters) - Mercedes-Benz said on Wednesday it would withdraw from the Russian market and sell shares in its industrial and financial services subsidiaries to a local investor, becoming the lat...
Oct 26, 2022
Peoria, IL, USA
47 °F Overcast
