Category Archives:
Tesla proposes new EV plant in India for domestic sales, exports -source
By Aditya Kalra NEW DELHI (Reuters) -Tesla Inc has proposed setting up a factory in India to build electric cars for domestic sale and export, the carmaker told government officials on Wednesday, acco...
Syndicated Content May 17, 2023
T.J. Maxx parent lifts profit forecast on easing costs, steady demand
(Reuters) -TJX Cos Inc raised its annual profit forecast on Wednesday, banking on lower costs and resilient demand from inflation-hit consumers switching to discount retailers. The company is starting...
Syndicated Content May 17, 2023
Vivendi indicates ex-Leonardo chairman for Telecom Italia board-sources
MILAN (Reuters) - Telecom Italia's top shareholder Vivendi has proposed Luciano Carta, a former chairman at Italian defence group Leonardo to fill a vacant seat on the former phone monopoly's board, t...
Syndicated Content May 17, 2023
Volkswagen aims for ‘margin parity’ on some EVs by 2025
By Victoria Waldersee and Joseph White MUNICH (Reuters) -Volkswagen Chief Financial Officer Arno Antlitz said on Wednesday rising battery material costs mean it will be 2025 before the automaker can b...
Syndicated Content May 17, 2023
Mike Ashley’s Frasers raises stake in online retailer ASOS
(Reuters) - Britain's Frasers Group raised its stake in online fashion retailer ASOS, a filing showed on Wednesday, as the Mike Ashley-owned sportswear retailer continues its drive into a more premium...
Syndicated Content May 17, 2023
Deutsche Bank investors ask if profits sustainable, question strategy
By Tom Sims FRANKFURT (Reuters) -Deutsche Bank investors on Wednesday questioned the sustainability of the lender's growth plans and called for a shift of resources from the investment bank, even as t...
Syndicated Content May 17, 2023
Argentine shoemakers and tailors buckle under 109% inflation
By Horacio Soria BUENOS AIRES (Reuters) - In Juan Capano's shoemakers' workshop on the outskirts of Buenos Aires, 109% inflation makes a painful daily impact: constantly changing input costs for the l...
Syndicated Content May 17, 2023
Biden to continue debt talks later this week amid G7, White House says
WASHINGTON (Reuters) -U.S. President Joe Biden will continue to hold talks with congressional leaders on the nation's debt limit later this week and will meet with them again after the G7 summit, a Wh...
Syndicated Content May 17, 2023
Bank of England’s Bailey sees some cooling in job market
LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Wednesday there were some signs of a cooling of inflation pressure in Britain's labour market but it was too soon to say the risks pose...
Syndicated Content May 17, 2023
Broadcom offered interoperability remedies to address EU antitrust concerns over VMware deal -sources
BRUSSELS (Reuters) - Broadcom has has offered interoperability remedies in an attempt to address EU antitrust concerns about its $61 billion bid for VMware, people familiar with the matter said. Broad...
Syndicated Content May 17, 2023
Peoria, IL, USA
43 °F Mist
