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German industrial output rises more than expected in January
BERLIN (Reuters) - German industrial production rose significantly more than expected in January, increasing by 3.5% on the previous month, the federal statistical office said on Wednesday. In a Reute...
Syndicated Content Mar 08, 2023
Awaiting an IRA response, Volkswagen pauses decision on eastern Europe battery plant
(Reuters) - Volkswagen is pausing plans for a battery plant in eastern Europe and prioritising building a plant in North America where it expects to reap 9-10 billion euros ($10.54 billion) in subsidi...
Syndicated Content Mar 08, 2023
Continental net income drops 95% in 2022, sees higher margins this year
BERLIN (Reuters) - Continental's net income in 2022 fell 95.4% year-on-year to 67 million euros ($70.60 million), the autos supplier said on Wednesday, dragged down by negative special effects, higher...
Syndicated Content Mar 08, 2023
Ford discounts Mustang Mach-E electric SUVs in China
SHANGHAI (Reuters) -Ford Motor said on Wednesday it was offering a discount of 40,000 yuan ($5,700) on its Mustang Mach-E electric SUVs in China until the end of April. Mustang Mach-E cars were now av...
Syndicated Content Mar 08, 2023
Darktrace lowers cash-flow guidance, reports 36% rise in H1 revenue
LONDON (Reuters) -British cybersecurity company Darktrace lowered its guidance for full-year cash flow on Wednesday due to an accounting change related to its listing as it reported a 36% rise in firs...
Syndicated Content Mar 08, 2023
UK’s Hunt to keep tight budget with eye on 2024 election
By William Schomberg LONDON (Reuters) - British finance minister Jeremy Hunt looks set to keep his grip on the public finances in next week's budget, refraining from big tax cuts or spending increases...
Syndicated Content Mar 08, 2023
Priced out of work by childcare, could UK parents hold key to growth?
By Kylie MacLellan and Ben Makori CLITHEROE, England (Reuters) - Last year, mother-of-two Louise Sharples found herself turning down a new job she knew she would love because when she added up the cos...
Syndicated Content Mar 08, 2023
Tennis-Florida’s DeSantis urges Biden to let unvaccinated Djokovic enter US for Miami Open
(Reuters) - Florida Governor Ron DeSantis has called on U.S. President Joe Biden to allow Novak Djokovic to compete at this month's Miami Open despite the world number one being unvaccinated for COVID...
Syndicated Content Mar 08, 2023
Exclusive-China offers Sri Lanka debt moratorium, promises deal on debt treatment -letter
By Devjyot Ghoshal and Uditha Jayasinghe COLOMBO (Reuters) - The Export-Import Bank of China has told Sri Lanka it will not seek immediate repayment of debt for 2022 and 2023 and expedite negotiations...
Syndicated Content Mar 08, 2023
Adidas to slash dividend after Kanye West split
By Alexander Hbner BERLIN (Reuters) -Adidas will slash its 2022 dividend, it said Wednesday, warning a split with rapper and fashion designer Kanye West could push it to its first annual loss in three...
Syndicated Content Mar 08, 2023
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