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Economy minister brushes off fears for German industry
BERLIN (Reuters) - German Economy Minister Robert Habeck stood behind his country's status as an industrial nation on Tuesday, adding that his government would ensure the protection of this status. "A...
Syndicated Content Nov 29, 2022
Renault chairman says confident of reaching deal with Nissan on future of alliance
PARIS (Reuters) - Renault's chairman on Tuesday told Reuters on Tuesday he was "confident" the French carmaker will reach an agreement with its Japanese partner Nissan on the future of their alliance....
Syndicated Content Nov 29, 2022
German inflation in key states eases in November
BERLIN (Reuters) - German inflation dipped in five states in November, data showed on Tuesday, suggesting cost pressures eased in Europe's largest economy - a welcome development for the European Cent...
Syndicated Content Nov 29, 2022
Further Polish rate hikes this cycle may not be necessary, says c.banker Wnorowski
WARSAW (Reuters) - Further interest rate hikes in Poland in the current cycle may not be necessary if the economy moves in line with the estimates included in the November inflation projection, centra...
Syndicated Content Nov 29, 2022
Capital A to combine AirAsia and AirAsia X as part of restructuring plan
By Jamie Freed (Reuters) - Malaysia's Capital A will combine its AirAsia budget airline business with long-haul offshoot AirAsia X as part of a corporate restructuring designed to shed its status as a...
Syndicated Content Nov 29, 2022
Netherlands says inflation overstated due to skewed energy price calculation
AMSTERDAM (Reuters) - Statistics Netherlands (CBS), the Dutch government's statistics office, is looking at a problem with its energy price measurements, which it said has caused the country - and pos...
Syndicated Content Nov 29, 2022
Prada to hire former Luxottica CEO Guerra to ease succession – source
MILAN (Reuters) - Italian luxury goods group Prada is set to hire former Luxottica Chief Executive Andrea Guerra in a senior management role to ease a transition at the helm to the next generation of ...
Syndicated Content Nov 29, 2022
Italy seeks new options for TIM with network bid seen on hold
MILAN (Reuters) - Italy is working to find by the end of the year the best market-friendly options for struggling Telecom Italia (TIM), signaling that a planned bid for the phone group's landline grid...
Syndicated Content Nov 29, 2022
Credit Suisse shares hit record low as subscription rights dumped
MILAN (Reuters) - Shares in Credit Suisse tumbled to a fresh lifetime low below 3 Swiss francs on Tuesday as investors dumped rights to subscribe to new shares in the loss-making lender. By 0937 GMT, ...
Syndicated Content Nov 29, 2022
Indonesia says lithium, anode plants are being built to support EV ambitions
JAKARTA (Reuters) - Indonesia is building a lithium refinery and an anode material production facility to complement its nickel-based battery materials industry, an official said, as it aims to set it...
Syndicated Content Nov 29, 2022
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