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Volkswagen to build own US plant for Scout brand – Automobilwoche
BERLIN (Reuters) - Volkswagen Group will build its own production plant in the United States for its new Scout brand rather than collaborating with a partner, industry publication Automobilwoche repor...
Syndicated Content Feb 24, 2023
EA founder Trip Hawkins dives into Web3 with Barcelona-based startup
By Eva Mathews (Reuters) - Former Apple executive Trip Hawkins, who founded the company behind the best-selling sports videogame franchise "FIFA", is joining a Web3 startup, looking to take on top blo...
Syndicated Content Feb 24, 2023
EU’s Vestager says any damage from U.S. subsidies is likely to be limited – WSJ
(Reuters) - EU anti-trust chief Margrethe Vestager said any damage to European competitiveness from U.S. subsidies was likely to be limited. Some European companies might be interested in investing in...
Syndicated Content Feb 24, 2023
Ericsson to lay off 8,500 employees -memo
By Supantha Mukherjee STOCKHOLM (Reuters) -Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by Reuters said. W...
Syndicated Content Feb 24, 2023
Brazil inflation beats forecasts in mid-February, rate cuts still unlikely
SAO PAULO (Reuters) -Brazil's consumer prices rose by more than expected in the month to mid-February, data from government statistics agency IBGE showed on Friday, with annual inflation remaining wel...
Syndicated Content Feb 24, 2023
Indonesia Battery Corp eyes surge in electric scooters sales on incentive plan
By Fransiska Nangoy and Bernadette Christina JAKARTA (Reuters) - State battery company Indonesia Battery Corporation (IBC) is targeting a local market share of up to 30% for electric motorbikes, its c...
Syndicated Content Feb 24, 2023
Boeing shares fall after new Dreamliner delivery halt
(Reuters) - Boeing Co shares fell 3.2% in premarket trading on Friday after the U.S. planemaker temporarily halted deliveries of its 787 Dreamliner jets over a documentation issue related to a fuselag...
Syndicated Content Feb 24, 2023
Futures slide on caution ahead of inflation data
(Reuters) - U.S. stock index futures fell on Friday as investors turned cautious ahead of a fresh reading on monthly inflation that could offer clues on further monetary policy tightening by the Feder...
Syndicated Content Feb 24, 2023
U.S. nominee for World Bank wins positive reviews at G20 finance meeting
By David Lawder and Christian Kraemer BENGALURU (Reuters) - The U.S. nominee to lead the World Bank, ex-MasterCard CEO Ajay Banga, gained traction with leading members on Friday, a sign that he will l...
Syndicated Content Feb 24, 2023
Financial crime watchdog FATF suspends Russia’s membership over Ukraine war
PARIS (Reuters) - Global financial crime watchdog Financial Action Task Force (FATF) on Friday suspended Russia's membership, saying Moscow's war in Ukraine violated the organisation's principles. "Th...
Syndicated Content Feb 24, 2023
Peoria, IL, USA
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