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Banks demand deep changes to UK’s accountability rules -sources
By Iain Withers and Huw Jones LONDON (Reuters) - Banks are pushing the British government to relax core parts of post-financial crisis rules designed to hold bosses to account for misconduct on their ...
Syndicated Content Jan 24, 2023
Tank maker Rheinmetall raises sales view, asks Berlin for firm orders
By Anneli Palmen and Christoph Steitz DUESSELDORF/FRANKFURT (Reuters) - German defence group Rheinmetall on Tuesday raised its sales expectations for 2025 on higher demand for weapons due to the war i...
Syndicated Content Jan 24, 2023
U.S. business activity still soft in early 2023, but outlook perks up
NEW YORK (Reuters) - U.S. business activity contracted for the seventh straight month in January, though the downturn moderated across both the manufacturing and services sectors for the first time si...
Syndicated Content Jan 24, 2023
PACCAR beats earnings estimates on strong demand for trucks
(Reuters) - PACCAR Inc beat market expectations for fourth-quarter earnings on Tuesday, aided by strong demand for its trucks from customers looking to replace ageing fleets. Shares of the truckmaker ...
Syndicated Content Jan 24, 2023
Prada’s Lorenzo Bertelli sets out “soft transition” to new leadership
By Elisa Anzolin VENICE, Italy (Reuters) - Italian fashion group Prada is hiring former Luxottica chief Andrea Guerra to smooth the transition to the next generation of the family, Lorenzo Bertelli, s...
Syndicated Content Jan 24, 2023
Factbox-Oscar nominations 2023: nominees for 95th Academy Awards
LOS ANGELES (Reuters) - The Academy of Motion Picture Arts and Sciences announced nominations on Tuesday for the 95th Academy Awards. Winners will be revealed in Hollywood on March 12 in Los Angeles. ...
Syndicated Content Jan 24, 2023
U.S. oil & gas M&A hit 17-year low; big firms dominate deals-report
By Liz Hampton (Reuters) - U.S. oil and gas deal-making declined by 13% last year to $58 billion compared to 2021, according to energy technology firm Enverus, with the volume of activity hitting its ...
Syndicated Content Jan 24, 2023
Sweden to upgrade Berzelius supercomputer with Nvidia AI systems
STOCKHOLM (Reuters) - Sweden will upgrade its Berzelius supercomputer using Nvidia's latest artificial intelligence (AI) systems to aid in understanding various diseases such as cancer and make it amo...
Syndicated Content Jan 24, 2023
Volvo Cars recalls around 106,900 cars worldwide
STOCKHOLM (Reuters) - Sweden-based Volvo Cars is recalling around 106,900 cars worldwide over a suspected fault related to the brakes, a Volvo Cars spokesperson said on Tuesday. The vehicles being rec...
Syndicated Content Jan 24, 2023
Auto lobby urges Spain to speed up vehicle electrification as sales lag
MADRID (Reuters) - Spain's auto industry is in dire need of an overhaul to catch up with European peers and speed up its electrification process as automakers struggle to recover from a pandemic-induc...
Syndicated Content Jan 24, 2023
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