Category Archives:
Stellantis signs framework deal for Fiat vehicle production in Algeria
MILAN (Reuters) - Carmaker Stellantis said on Thursday it had signed a framework agreement with Algeria to develop activities of its Fiat brand in the county, including for local production of vehicle...
Oct 13, 2022
Novartis to cut its Irish workforce by up to 25%
DUBLIN (Reuters) - Novartis said on Thursday that it would cut up to 400 jobs in Ireland, or about a quarter of its workforce there, as part of a previously announced restructuring programme that will...
Oct 13, 2022
EU hopeful its electric cars can get level playing field in U.S. market
WASHINGTON (Reuters) - European Union and U.S. officials will hold talks on Thursday and Friday to discuss ways to grant EU companies, including electric car makers, the same status as U.S. ones in th...
Oct 13, 2022
Nikola founder was a ‘con man,’ U.S. prosecutor tells jurors
By Jody Godoy NEW YORK (Reuters) - A prosecutor on Thursday urged jurors to convict Nikola Corp founder Trevor Milton of fraud, calling him a "con man" who lied about the low-emission vehicle company ...
Oct 13, 2022
Biden says prices “too high” as inflation rises before midterms
By Jarrett Renshaw WASHINGTON (Reuters) - U.S. President Joe Biden said the consumer price index report released on Thursday shows some progress in the fight against higher prices but there is more wo...
Oct 13, 2022
U.S. retirees see biggest Social Security hike in more than 40 years
WASHINGTON (Reuters) -U.S. Social Security recipients will get the biggest boost to their monthly benefits in more than four decades, officials said on Thursday following the release of key inflation ...
Oct 13, 2022
Germany needs to tackle inflation threat, wants transparency from China – Lindner
By Andrea Shalal WASHINGTON (Reuters) -Germany's finance minister said on Thursday that fighting inflation was the government's biggest priority and demanded reforms that would lift Europe's largest e...
Oct 13, 2022
ECB’s hawks call for more rate hikes soon
WASHINGTON (Reuters) -Two European Central Bank policy hawks called for more interest rate hikes on Thursday to fight runaway prices in the euro zone. The ECB has raised its rate on bank deposits twic...
Oct 13, 2022
Exclusive-EU antitrust regulators preparing charges against Google over adtech -sources
By Foo Yun Chee BRUSSELS (Reuters) - EU antitrust regulators are preparing charges against Alphabet unit Google over its digital advertising business due to the slow pace of settlement talks, people f...
Oct 13, 2022
Kroger in talks to merge with rival grocer Albertsons – Bloomberg News
(Reuters) -U.S. grocery giant Kroger Co is in talks to merge with smaller rival Albertsons Companies Inc, Bloomberg News reported on Thursday, citing people familiar with the matter. A deal could be r...
Oct 13, 2022
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