Category Archives:
U.S. finalizes $2.5 billion loan to GM, LG battery joint venture
By David Shepardson WASHINGTON (Reuters) - The U.S. Energy Department said on Monday it had finalized a $2.5 billion low-cost loan to a joint venture of General Motors Co and LG Energy Solution to hel...
Dec 12, 2022
ECB to raise scrutiny of banks’ credit risk, funding in 2023 as recession looms
FRANKFURT (Reuters) - The European Central Bank will increase scrutiny over how banks manage credit risk and diversify funding, it said on Monday while outlining its 2023 priorities as the euro zone h...
Dec 12, 2022
Dog show teaches Nigerians new tricks about pet ownership
LAGOS (Reuters) - Dog lovers in Nigeria's commercial capital Lagos were dazzled at a weekend carnival where man's best friend strutted the red carpet in colourful outfits, part of a drive to encourage...
Dec 12, 2022
Saudi leads fall in major Gulf markets amid Fed policy jitters
(Reuters) - Saudi Arabia's stock market dropped in early trade on Monday, leading declines in the Gulf region ahead of interest rate decision from the U.S. Federal Reserve. The Fed is widely expected ...
Dec 12, 2022
Russian government could provide 225 billion roubles to Rosseti
(Reuters) - Russia could provide up to 225 billion roubles ($3.6 billion) in state funds to power company Rosseti to cover a deficit in the firm's investment programme, Russia's deputy energy minister...
Dec 12, 2022
Talks over new job contracts at Italian auto groups to continue in January – union
MILAN (Reuters) - Ongoing talks over new job contracts in Italy for Stellantis, Ferrari, CNH Industrial and Iveco will be extended into January, a union representative said on Monday. Gianluca Ficco o...
Dec 12, 2022
Mercedes-Benz Vans plans first electric-only plant in Jawor
(Reuters) - Mercedes-Benz Vans will build its first electric-only vans plant in Jawor, Poland, pending approval of conditions including the sign-off of subsidies for its investment in the country, the...
Dec 12, 2022
UK economy set to get worse before recovery – Hunt
LONDON (Reuters) - British finance minister Jeremy Hunt said the country's economy was "likely to get worse before it gets better" after figures on Monday showed a bounce-back in growth in October but...
Dec 12, 2022
Rivian pauses JV plans with Mercedes-Benz to make electric vans in Europe
(Reuters) - Rivian Automotive Inc said on Monday it is pausing its joint venture with Mercedes-Benz Vans, just three months after the companies entered a partnership to make electric vans in Europe. T...
Dec 12, 2022
Explainer-U.N. nature summit puts industry on alert to disclose more
By Allison Lampert MONTREAL (Reuters) - Industry executives have joined activists and negotiators from nearly 200 countries at this month's U.N. nature summit in Montreal, where negotiations on a glob...
Dec 12, 2022
Peoria, IL, USA
45 °F Sunny
