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Volkswagen CEO: we need to change e-car approach in China
FRANKFURT (Reuters) - Volkswagen must change its approach to how it sells electric vehicles (EV) in China, the world's largest car market, Chief Executive Herbert Diess said, in a response to poor EV ...
Syndicated Content Jul 29, 2021
British drone insurer Flock raises $17 million led by Palihapitiya
LONDON (Reuters) - British drone insurer Flock has raised $17 million from investors in early-stage funding led by venture investor Chamath Palihapitiya's Social Capital, Flock said on Thursday. Flock...
Syndicated Content Jul 29, 2021
German unemployment falls in sign of continuing recovery
BERLIN (Reuters) - German unemployment fell in July as companies hired more staff in light of a recovery in Europe's largest economy, official figures showed on Thursday. The Labour Office said the nu...
Syndicated Content Jul 29, 2021
LG Chem’s Q2 profit handily beats estimates on lawsuit money
SEOUL (Reuters) - LG Chem Ltd posted a four-fold surge in second-quarter profit that trumped market expectations, helped by settlement payments from legal disputes with its rival SK Innovation Co Ltd ...
Syndicated Content Jul 29, 2021
Education tech, advertising lift Russia’s Mail.ru revenues
(Reuters) - Russian internet group Mail.ru Group said on Thursday its second-quarter revenue rose 17.4% to 29.99 billion roubles ($409 million), boosted by a recovery in the online advertising market ...
Syndicated Content Jul 29, 2021
Lindt chocolate bunny’s gold tone is trademark protected – Germany’s federal court
BERLIN (Reuters) - Germany's federal court said on Thursday that the gold tone of the Lindt & Spruengli chocolate bunny has trademark protection, supporting the position of the claimants. Lindt had br...
Syndicated Content Jul 29, 2021
Lloyds restores dividend as profits rebound on sunnier outlook
By Iain Withers and Lawrence White LONDON (Reuters) - Lloyds Banking Group swung to a first-half profit on Thursday and announced an interim dividend, boosted by a house-buying frenzy and improved eco...
Syndicated Content Jul 29, 2021
South Africa’s Transnet restores operations at ports after cyber attack
JOHANNESBURG (Reuters) - South African state logistics firm Transnet has fully restored operations at ports following a cyber attack that forced the firm to declare force majeure at its container term...
Syndicated Content Jul 29, 2021
Chinese yuan bears return after regulatory crackdown on private sector: Reuters poll
By Anushka Trivedi (Reuters) - Investors turned bearish on the yuan for the first time since April as China's regulatory crackdown on private sector firms sent jitters through markets, while sentiment...
Syndicated Content Jul 29, 2021
Marketmind: A step closer to Fed taper, quelle surprise!
A look at the day ahead from Danilo Masoni. The main reveal from the Fed's statement was that it was inching closer to a policy normalisation announcement and that came as no surprise to anyone. Dovis...
Syndicated Content Jul 29, 2021

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