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India’s Mahindra to invest $1.2 billion in new EV plant
By Nandan Mandayam and Aditi Shah BENGALURU (Reuters) -Indian automaker Mahindra and Mahindra Ltd said on Wednesday it would invest 100 billion rupees ($1.21 billion) to set up an electric vehicle (EV...
Syndicated Content Dec 14, 2022
Italy’s Eni eyes biorefinery in Malaysia with Petronas, Euglena
MILAN (Reuters) - Italian energy group Eni is studying the possibility of developing and operating a biorefinery in Malaysia together with Japan's Euglena and Malaysia's Petroliam Nasional Berhad (Pet...
Syndicated Content Dec 14, 2022
Chinese dealers seek compensation over Stellantis Jeep failure
SHANGHAI (Reuters) - Chinese dealers that sell China-made Jeep cars are asking Stellantis for millions of dollars in compensation after the automaker stopped producing the brand in China, according to...
Syndicated Content Dec 14, 2022
Dutch central bank says has no new stress test plans for non-banks
AMSTERDAM (Reuters) - The Dutch central bank, DNB, has no new plans to stress test non-bank financial institutions for liquidity, a spokesperson told Reuters. The Bank of England said on Tuesday it wo...
Syndicated Content Dec 14, 2022
Nigeria’s female-led startups winning investors in fight to close cash gap
By Angela Ukomadu LAGOS (Reuters) - At Nigerian snack company ReelFruit's Lagos warehouse a woman places handfuls of dried mangoes in bags and workers hammer open coconuts to scrape out the flesh. The...
Syndicated Content Dec 14, 2022
Global investors fly blind into China’s messy post-COVID transition
By Summer Zhen and Samuel Shen HONG KONG/SHANGHAI (Reuters) - Global investors, already caught off guard by China's virus-policy U-turn, now find themselves flying blind into a chaotic post-pandemic t...
Syndicated Content Dec 14, 2022
UK house prices rise 12.6% y/y in October
LONDON (Reuters) - British house prices increased by 12.6% year-on-year in October, the Office for National Statistics (ONS) said on Wednesday, pushed up in part by a sharp fall in the same month last...
Syndicated Content Dec 14, 2022
OMV appoints MOL executive as new board member
(Reuters) - OMV is to expand its board with the appointment of as new executive board member responsible for energy starting March 1, 2023, the oil and gas firm said in a statement released on Wednesd...
Syndicated Content Dec 14, 2022
Exclusive-ECB sees inflation above target through 2025, source says
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) - The European Central Bank expects inflation to remain above its 2% target for the next three years, one source told Reuters, more than mark...
Syndicated Content Dec 14, 2022
China central bank issues draft rules on financial infrastructure supervision
BEIJING (Reuters) - China's central bank issued draft rules on Wednesday on financial infrastructure supervision and management, in a move it said would better serve the real economy. Amid a complex i...
Syndicated Content Dec 14, 2022

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