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Alfa Romeo to develop large car in the United States
MILAN (Reuters) - Itay's Alfa Romeo will work on a new large-size car in the United States to be launched in 2027, the brand's head Jean-Philippe Imparato said on Friday, adding however the group had ...
Syndicated Content Jul 29, 2022
Auto parts maker Magna misses profit estimates as costs bite
(Reuters) -Canadian auto parts maker Magna International Inc reported a lower-than-expected quarterly profit on Friday, hit by higher commodity and energy costs worsened by Russia's invasion of Ukrain...
Syndicated Content Jul 29, 2022
Portugal’s economy loses momentum, inflation weighs on consumption
By Sergio Goncalves and Mariana Azevedo (Reuters) - Portugal's economy lost momentum in the second quarter after a very strong start to the year, with inflation at a three-decade high weighing on priv...
Syndicated Content Jul 29, 2022
Exxon posts record-breaking second-quarter profit
By Sabrina Valle HOUSTON (Reuters) - Exxon Mobil Corp on Friday posted its biggest quarterly profit ever on the back of soaring energy prices and as it kept a tight rein on spending. The top U.S. oil ...
Syndicated Content Jul 29, 2022
Euro zone growth, inflation accelerate, but recession looms later in year
By Jan Strupczewski and Balazs Koranyi BRUSSELS/FRANKFURT (Reuters) - The euro zone economy grew much faster than expected in the second quarter, but economists said it might be the economy's last hur...
Syndicated Content Jul 29, 2022
Ukrainian president: Ukraine is ready for grain shipments, awaits signal to start
KYIV (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Friday his country is ready to start grain shipments from Black sea ports and is awaiting a signal from the United Nations and Turkey t...
Syndicated Content Jul 29, 2022
UK companies may face ‘action’ if they downplay climate risk, watchdogs say
By Huw Jones LONDON (Reuters) - Some of Britain's top listed companies could be downplaying risks from climate change on their bottom line and could face "appropriate action", regulators said on Frida...
Syndicated Content Jul 29, 2022
Italy’s Ali Group sees shelter from economic storm in Welbilt deal
By Maria Pia Quaglia MILAN (Reuters) - Welbilt's exposure to the U.S. fast-food market will make new Italian owner Ali Group more resilient in a slowing global economy, while the deal will bring $100 ...
Syndicated Content Jul 29, 2022
Toyota group company CFO casts doubt on automaker’s output goal
TOKYO (Reuters) - Toyota Tsusho Corp, part of the Toyota group, does not expect Toyota Motor Corp to meet its target to produce a record 9.7 million vehicles worldwide this business year, an executive...
Syndicated Content Jul 29, 2022
Kenya’s cohesion watchdog gives Meta 7 days to comply with regulations
NAIROBI (Reuters) - Kenya's ethnic cohesion watchdog has given Meta's Facebook seven days to comply with regulations after a report of violations on the social media platform in relation to next month...
Syndicated Content Jul 29, 2022
Peoria, IL, USA
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