Category Archives:
Volkswagen investors question plan for CEO to lead Porsche listing
By Victoria Waldersee and Ilona Wissenbach BERLIN/FRANKFURT (Reuters) - Volkswagen investors believe incoming CEO Oliver Blume will struggle to lead both the Volkswagen Group and Porsche - and to pull...
Jul 25, 2022
Russia’s Gazprom says sanctions still hamper Nord Stream 1 pipeline
MOSCOW (Reuters) -Russian natural gas giant Gazprom said on Monday that sanctions were still hampering maintenance of the Nord Stream 1 gas pipeline, a strong signal that energy supplies to Europe rem...
Jul 25, 2022
U.S. settles claims against poultry producers over worker treatment
(Reuters) - Three of the largest U.S. poultry processors have agreed to settle charges by the U.S. Department of Justice over their alleged longstanding effort to share information about workers in or...
Jul 25, 2022
Sri Lanka to restrict fuel imports for next 12 months
By Uditha Jayasinghe COLOMBO (Reuters) - Sri Lanka will restrict fuel imports for the next 12 months because of a severe shortage of foreign exchange, its energy minister said on Monday, as the island...
Jul 25, 2022
Weber replaces CEO, warns of layoffs as inflation bites into business
(Reuters) - Weber Inc on Monday replaced top boss Chris Scherzinger with an insider and warned that mounting inflationary and supply chain pressures could hit the grill maker's financials and workforc...
Jul 25, 2022
UniCredit simplifies corporate structure, private banking head Vecchi to leave – memo
MILAN (Reuters) - UniCredit plans to further simplify its corporate structure, in a move that will also see Stefano Vecchi, the head of its Italian private banking and wealth management unit, leave th...
Jul 25, 2022
Redwood Materials plans to spend $3.5 billion on battery-materials factory in Nevada – WSJ
(Reuters) - Redwood Materials, founded by former Tesla Inc executive J.B. Straubel, plans to spend $3.5 billion on a battery-materials factory in northwest Nevada, the Wall Street Journal reported on ...
Jul 25, 2022
Ryanair voices concern over Boeing delays and MAX 10 certification
DUBLIN (Reuters) - Ryanair on Monday said that Boeing had warned it of possible delays to 21 737 MAX aircraft due for delivery before the end of the year and said it was also worried about the certifi...
Jul 25, 2022
Indian rupee at over 1-wk high on broad $ losses; bond yields slip
By Swati Bhat and Anushka Trivedi MUMBAI (Reuters) -The Indian rupee rose to its highest in more than a week on Monday afternoon tracking broad losses in the dollar, while bond yields edged down, mirr...
Jul 25, 2022
Ukraine hopes for first grain shipment under U.N-brokered deal this week
By Pavel Polityuk and Max Hunder KYIV (Reuters) -Ukraine said on Monday it hoped a U.N.-brokered deal aimed at easing global food shortages by resuming grain exports from the Black Sea region would st...
Jul 25, 2022
Peoria, IL, USA
63 °F Overcast
