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Euro zone factory downturn deepened in Oct as demand slumped
LONDON (Reuters) - The decline in euro zone manufacturing activity was sharper than initially estimated last month, indicating that the sector is in recession, as the cost of living crisis put a big d...
Syndicated Content Nov 02, 2022
Dutch court says permits for major carbon storage project are uncertain
AMSTERDAM (Reuters) - The highest court in the Netherlands on Wednesday said a major carbon capture project in the Rotterdam port area does not meet European environmental guidelines and said it neede...
Syndicated Content Nov 02, 2022
China pledges high-tech support for climate, environmental problems
SHANGHAI (Reuters) - China will seek high-tech solutions to resolve its complex environmental challenges and make use of innovations in big data, biotech and artificial intelligence to tackle pollutio...
Syndicated Content Nov 02, 2022
Volvo Cars’ sales up 7% in October on “robust” underlying EV demand
STOCKHOLM (Reuters) -Sweden-based Volvo Car AB said on Wednesday its sales grew 7% year-on-year in October to 54,317 cars. "Overall underlying demand for the company's cars remains robust, especially ...
Syndicated Content Nov 02, 2022
Barclays builds up Asia business, sees growth in India and Australia
By Anshuman Daga and Yantoultra Ngui SINGAPORE (Reuters) - Barclays Plc, which recently made big investments in India and Australia and set up a Taiwan subsidiary in July, is evaluating entering new m...
Syndicated Content Nov 02, 2022
French factory activity shrank in Oct more than first estimated – final PMI
PARIS (Reuters) - Activity in France's manufacturing sector weakened in October by more than initially estimated, according to a monthly survey, as inflationary pressures weighed on the euro zone's se...
Syndicated Content Nov 02, 2022
U.S. provides grants, loans to expand meat processing capacity
CHICAGO (Reuters) - The U.S. Department of Agriculture will direct $73 million in grants to small- and medium-sized meat and poultry processors to expand their capacity and deliver more funds through ...
Syndicated Content Nov 02, 2022
Geely’s Zeekr plans electric vehicle sales in Europe in 2023
SHANGHAI (Reuters) - Zhejiang Geely Holding Group's premium electric car business plans to sell the first electric vehicle produced under the Zeekr brand in Europe next year, Zeekr's CEO said. Zeekr j...
Syndicated Content Nov 02, 2022
China COVID curbs exact wider business toll on Yum, EV maker Nio
SHANGHAI (Reuters) - Chinese electric vehicle maker NIO suspended production at its plants in the eastern city of Hefei as rising COVID-19 cases and China's heavy-handed response to outbreaks exact a ...
Syndicated Content Nov 02, 2022
European shares open higher ahead of Fed decision, Novo Nordisk shines
(Reuters) - European shares opened higher on Wednesday on a boost from Danish drugmaker Novo Nordisk, while hopes grew that the U.S. Federal Reserve would signal a slowdown in its aggressive policy ti...
Syndicated Content Nov 02, 2022
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