Category Archives:
Toyota gears up its first EV with safer, longer-lasting battery
By Satoshi Sugiyama and Maki Shiraki SODEGAURA, Japan (Reuters) - Toyota Motor Corp, a late-comer to the battery electric vehicle (BEV) market, is weaving in all efforts to make sure its first mass-ma...
Feb 28, 2022
Panasonic to begin mass producing new Tesla battery by end-March
TOKYO (Reuters) - Japan's Panasonic Corp on Monday said it will begin mass production of a new lithium-ion battery for Tesla Inc before the end of March at a plant in Japan. Two additional production ...
Feb 28, 2022
AB Foods sees first half ‘strongly ahead’ on improved Primark
LONDON (Reuters) -Associated British Foods on Monday forecast first-half sales and adjusted operating profit "strongly ahead" of the previous year and ahead of pre-COVID 19 levels, reflecting an impro...
Feb 28, 2022
Sanctions hit will see Russia economy contract 20% Q/Q in second quarter – JPMorgan
LONDON (Reuters) - Russia's economy is expected to contract 20% in the second quarter and by around 3.5% for the full year following intensified sanctions, JPMorgan said on Monday. "If these new sanct...
Feb 28, 2022
Orange picks Nokia for rollout of ‘standalone’ 5G in France
By Mathieu Rosemain BARCELONA (Reuters) - Orange, France's biggest telecoms operator, said on Monday it has opted for Finnish telecom gear maker Nokia for the rollout of the core network of the so-cal...
Feb 28, 2022
Fallout on global finance: ECB warns on Sberbank; Russian issuers dropped
By Tom Sims FRANKFURT (Reuters) -In an indication of the fallout of a fresh round of sanctions, the European Central Bank on Monday warned that Sberbank Europe, a unit of Russia's Sberbank, and two ot...
Feb 28, 2022
Russia hikes key rate to 20%, tells companies to sell FX
(Reuters) - The Russian central bank on Monday raised its key interest rate to 20% from 9.5% to counter risks of rouble depreciation and higher inflation. Russia has also ordered companies to sell 80%...
Feb 28, 2022
Marketmind: When the end of History ends
A look at the day ahead in markets from Julien Ponthus. Francis Fukuyama's bestseller "The End of History and the Last Man" was published 30 years ago and popularised the idea that the triumph of libe...
Feb 28, 2022
China sees biggest growth in energy and coal use since 2011
BEIJING (Reuters) - China recorded its biggest increase in total energy consumption and coal use in a decade in 2021, as the economy recovered from COVID-19 slowdown a year earlier, data from the coun...
Feb 28, 2022
Olam focused on Q2 London IPO of food ingredients unit; watching markets
SINGAPORE (Reuters) - Commodities trader Olam International is focused on completing the IPO of its food ingredients unit in the second quarter but it is also tracking market movements to see the pote...
Feb 28, 2022
Peoria, IL, USA
69 °F Thunderstorm In Vicinity
