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Volkswagen returns to profit in North and South America
BERLIN (Reuters) - The Volkswagen Group achieved a 16% market share in China in 2021 and the VW brand returned to profit in North and South America, the German carmaker said on Tuesday. The Volkswagen...
Syndicated Content Mar 15, 2022
Philippines sees Ukraine conflict having ‘temporary’ impact on economy
MANILA (Reuters) - The impact of the Russia-Ukraine conflict on the Philippine economy is expected to be temporary, Economic Planning Secretary Karl Chua told a media briefing on Tuesday. "We have a v...
Syndicated Content Mar 15, 2022
Northvolt to build its third battery gigaplant in northern Germany
STOCKHOLM (Reuters) - Northvolt said on Tuesday it planned to build a lithium-ion battery plant with an annual capacity of 60 gigawatt hours (GWh) in Heide in northern Germany. Northvolt, whose bigges...
Syndicated Content Mar 15, 2022
Bentley to roll out one electric car annually for five years from 2025
(Reuters) - Luxury carmaker Bentley unveiled plans on Tuesday to build a new electric model annually for five years from 2025 after its annual profit skyrocketed, as the British firm builds on parent ...
Syndicated Content Mar 15, 2022
Cryptoverse: Bitcoin’s scared of commitment, Mr Biden
By Medha Singh (Reuters) - Bitcoin loves flirting with the mainstream. But now, as the U.S. president says he wants to get serious, it may be getting cold crypto feet. When Joe Biden ordered officials...
Syndicated Content Mar 15, 2022
Yum China, BYD say China’s COVID curbs have impacted operations
SHANGHAI (Reuters) - Chinese businesses from automaker BYD to KFC operator Yum China say their operations have already been hit by the country's latest COVID-19 curbs, with more disruption expected as...
Syndicated Content Mar 15, 2022
Analysis – Investors see risks spiking, fear market-wide liquidity crunch
By Davide Barbuscia NEW YORK (Reuters) - Wild swings in asset prices following Russia's invasion of Ukraine are prompting some investors to pare risk in their portfolios, fearing that the type of vola...
Syndicated Content Mar 15, 2022
Binance gets its first Gulf crypto licence in Bahrain
DUBAI (Reuters) - The world's largest cryptocurrency exchange Binance has been given a crypto-asset service provider licence by Bahrain's central bank, its first such licence in the Gulf Cooperation C...
Syndicated Content Mar 15, 2022
Weak growth, inflation to keep BOJ an outlier with dovish policy tone
By Leika Kihara TOKYO (Reuters) - The Bank of Japan is set to keep monetary policy ultra-loose on Friday and warn of heightening economic risks from the Ukraine crisis, unfazed by prospects of rising ...
Syndicated Content Mar 14, 2022
Reliance buys assets of battery maker Lithium Werks in clean energy, transport push
By Aditi Shah NEW DELHI (Reuters) - Indian refining giant Reliance Industries has acquired the assets of battery maker Lithium Werks for $61 million, its second such deal in less than three months, as...
Syndicated Content Mar 14, 2022
Peoria, IL, USA
44 °F Mist
