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Volkswagen: terminates three-shift production agreement at Zwickau plant
FRANKFURT (Reuters) - Volkswagen is currently negotiating a new production deal with workers at its all-electric plant in Zwickau, Germany, after terminating a long-standing three-shift agreement, the...
Syndicated Content Sep 27, 2023
German firms less willing to hire amid lacklustre economy -Ifo
BERLIN (Reuters) - German companies' willingness to hire new staff took a hit in September, data from the Ifo Institute showed on Wednesday, underlining recession fears in Europe's largest economy. Th...
Syndicated Content Sep 27, 2023
South Korea’s Kia, Hyundai recall millions of vehicles in US – NHTSA
(Reuters) - Hyundai and Kia are recalling about 1.6 million and 1.7 million vehicles respectively in the U.S. due to risk of an engine compartment fire, the National Highway Traffic Safety Administrat...
Syndicated Content Sep 27, 2023
Pegatron India fire traced to workers’ failure to turn off switch -sources
By Praveen Paramasivam CHENGALPATTU, India (Reuters) - A factory fire at iPhone assembler Pegatron India was sparked by a short-circuit after an electrical switch was left on, following testing of the...
Syndicated Content Sep 27, 2023
‘Tightrope’ debt situation not unique to Kenya, finance minister says
NAIROBI (Reuters) - Kenya's struggle with a heavy debt load and pressure on its hard currency reserves is not unique since other nations are facing the same situation, its finance minister said on Wed...
Syndicated Content Sep 27, 2023
Some Sri Lanka creditors seeking debt restructuring deal without China – Bloomberg News citing sources
(Reuters) - Some members on the committee of Sri Lanka's official creditors are pushing to reach a deal to restructure the nation's debt without the participation of China, Bloomberg News reported on ...
Syndicated Content Sep 27, 2023
Euro zone lending slows again as bloc skirts recession
FRANKFURT (Reuters) - Lending across the euro zone slowed to a near stand-still in August, data from the European Central Bank showed on Wednesday, as economic growth continued to falter and the bloc ...
Syndicated Content Sep 27, 2023
Japan govt to deliberate tax breaks for major corporate investments
By Daniel Leussink TOKYO (Reuters) - A Japanese government panel will discuss over the coming months whether to give tax breaks to companies that invest in areas considered strategically important, a ...
Syndicated Content Sep 27, 2023
Binance says to sell Russia business to CommEX
(Reuters) -Crypto exchange Binance said on Wednesday it has entered into an agreement to sell its Russia business to crypto exchange CommEX. Binance will have no ongoing revenue split from the sale, n...
Syndicated Content Sep 27, 2023
Italy’s government meets on budget as growth weakens, deficit rises
By Giuseppe Fonte and Gavin Jones ROME (Reuters) - The Italian government will meet on Wednesday to set the framework for next year's budget against a backdrop of slowing growth and a rising fiscal de...
Syndicated Content Sep 27, 2023
Peoria, IL, USA
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