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Societe Generale says Russian unit Rosbank operates in “normal manner”
LONDON (Reuters) - Societe Generale said on Thursday that its Russian unit Rosbank continued to operate normally and that the French banking group was complying with "all applicable regulations". "Ros...
Syndicated Content Feb 24, 2022
Factbox-How much does Germany need Russian gas?
By Vera Eckert and Kate Abnett FRANKFURT/BRUSSELS (Reuters) - Russian forces invaded Ukraine on Thursday, sending European gas prices higher and increasing the focus on gas supply in countries includi...
Syndicated Content Feb 24, 2022
Softbank-backed Ola Electric plans 50Gwh India battery plant in EV push – sources
By Aditi Shah NEW DELHI (Reuters) - Softbank Group-backed Ola Electric plans to build a battery cell manufacturing plant in India with a capacity of up to 50 gigawatt hours (GWh), a source told Reuter...
Syndicated Content Feb 24, 2022
U.S. governors urge swift action on $52 billion chip funding bill
By David Shepardson (Reuters) - A bipartisan group of 22 governors Thursday urged leaders in Congress to move quickly to finalize $52 billion in government funding to subsidize the production of semic...
Syndicated Content Feb 24, 2022
Exclusive-Tesla plans new Shanghai plant to more than double China capacity – sources
SHANGHAI (Reuters) - Tesla Inc plans to start work on a new plant in Shanghai as soon as next month as part of a plan to more than double production capacity in China to meet growing demand for its ca...
Syndicated Content Feb 24, 2022
Explainer-Europe braces for economic hit from Ukraine conflict
By Mark John (Reuters) - Russia's invasion of Ukraine and how the world reacts could have wide-ranging repercussions for the European economy, from rising energy and food prices to economic sanctions ...
Syndicated Content Feb 24, 2022
China uncovers problems in inspection of financial sector – Xinhua
BEIJING (Reuters) - Chinese anti-corruption inspectors from the ruling Communist Party have uncovered a number of weaknesses in the financial sector in a two-month investigation, Xinhua news agency sa...
Syndicated Content Feb 24, 2022
Mercedes-Benz targets U.S. for hands-free driving certification this year – CEO
BERLIN (Reuters) - Mercedes-Benz hopes to acquire certification for Level 3 autonomous driving in the United States this year, and discussions with authorities in China on the topic are ongoing, Chief...
Syndicated Content Feb 24, 2022
Wintershall Dea: Today not a day to discuss financial results
BERLIN (Reuters) - Wintershall Dea, one of the co-funders of Gazprom's Nord Stream 2 pipeline, cancelled a news conference to discuss its yearly financial results, citing concerns over Russia's attack...
Syndicated Content Feb 24, 2022
Bottler Coca-Cola HBC shuts Ukraine plant
(Reuters) - Soft drinks bottler Coca-Cola HBC has closed its plant in Ukraine, and asked staff in the country to remain at home following Russia's invasion of its former Soviet neighbour, a spokespers...
Syndicated Content Feb 24, 2022
Peoria, IL, USA
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