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German cartel office: Lufthansa must not end co-operation deals with Condor
BERLIN (Reuters) - Germany's cartel office has prohibited Lufthansa from ending long-term cooperation agreements with charter airline Condor until further notice, saying the national carrier was hinde...
Syndicated Content Sep 01, 2022
Volkswagen’s transition to EVs requires stability, new CEO says
BERLIN (Reuters) - Volkswagen will accelerate its transition towards electric vehicles where possible and must find a stable rhythm for its transformation, new Chief Executive Oliver Blume said at an ...
Syndicated Content Sep 01, 2022
Exclusive: Russian McDonald’s buyer to snap up another Western firm – documents
By Alexander Marrow MOSCOW (Reuters) - The owner of McDonald's former restaurants in Russia has offered up to 151 million euros ($151 million) to buy Finnish packaging firm Huhtamaki's local business,...
Syndicated Content Sep 01, 2022
European shares hit seven-week lows as rate hike fears grow
By Anisha Sircar (Reuters) - The main European stocks index skidded to its lowest in seven weeks in a rough start to September on deepening worries about aggressive rate hikes and record-high inflatio...
Syndicated Content Sep 01, 2022
European markets watchdog on red alert for Ukraine war contagion
By Huw Jones LONDON (Reuters) - The European Union's markets watchdog said on Thursday it was on red alert for contagion after inflation stoked by Russia's invasion of Ukraine has threatened markets' ...
Syndicated Content Sep 01, 2022
Russia mulls buying $70 billion in yuan and other ‘friendly’ currencies- Bloomberg
(Reuters) - Russia is considering a plan to buy as much as $70 billion in yuan and other "friendly" currencies this year to slow the rouble's surge, Bloomberg News reported on Thursday. "In the new si...
Syndicated Content Sep 01, 2022
Drone delivery picks up in Africa as Jumia pairs with Zipline
By Bhargav Acharya (Reuters) - Africa-focused e-commerce firm Jumia Technologies has partnered with drone-delivery startup Zipline to deliver household items to remote areas of Ghana, the companies sa...
Syndicated Content Sep 01, 2022
China opposes U.S. move barring Nvidia from selling it high-end chips
BEIJING (Reuters) - A U.S. move to stop Nvidia Corp from selling top artificial intelligence chips to China undermines the legitimate rights and interests of Chinese companies and the stability of glo...
Syndicated Content Sep 01, 2022
Russian stocks ease from recent highs, rouble edges towards 60 vs dollar
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) - Russian stocks eased after a Gazprom-led surge in the previous sessi...
Syndicated Content Sep 01, 2022
Boeing expects MAX 7 to be certified before MAX 10 – executive
NEW DELHI (Reuters) -Boeing Co expects the 737 MAX 7 will be certified by the end of the year and the larger MAX 10 in the first half of 2023, a company executive said on Thursday. The planemaker face...
Syndicated Content Sep 01, 2022
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