Volkswagen resumes production at China plants
BERLIN (Reuters) – Volkswagen and FAW’s (SASACJ.UL) plant in Chengdu, China has resumed production after a brief halt and two lines which were suspended at the carmaker’s Chengchun plant are…
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BERLIN (Reuters) – Volkswagen and FAW’s (SASACJ.UL) plant in Chengdu, China has resumed production after a brief halt and two lines which were suspended at the carmaker’s Chengchun plant are…
(Reuters) – AT&T Inc. has agreed to pay a $6.25 million penalty to settle a Securities and Exchange Commission lawsuit accusing the phone company of selectively leaking financial information to…
By Mayela Armas CARACAS (Reuters) – Venezuela’s government expects oil exports to finance 63% of its national budget in 2023, a document seen by Reuters showed, a slightly higher proportion…
LONDON (Reuters) – Banks in countries such as Ukraine and Turkey face a “very high” risk from restrictions on capital flows, weak international reserves and a high level of foreign…
SHANGHAI (Reuters) – Tesla on Monday said media reports which said its plant in Shanghai would cut December output of its Model Y were “untrue”. Reuters on Monday reported Model…
By Krisztina Than BUDAPEST (Reuters) -Hungary’s inflation could be between 15% and 18% next year, the National Bank of Hungary’s governor said on Monday, sharply criticising the government’s price caps…
By Rachna Uppal DUBAI (Reuters) -The United Arab Emirates and Ukraine agreed on Monday to begin talks on a bilateral trade deal, expected to conclude by the middle of next…
MADRID (Reuters) -Spain will lend Airbus 2.14 billion euros ($2.26 billion) to help the company to develop its military drone and helicopter programmes in the country, Industry Minister Reyes Maroto…
By Jamie Freed (Reuters) -Delta Air Lines has offered a 34% cumulative pay increase to its pilots over three years in a new contract, in a deal widely expected to…
ZURICH (Reuters) – Swiss engineering and technology group ABB has been fined 4 million Swiss francs ($4.3 million) by the country’s Attorney General in connection with a bribery case in…
HANOI (Reuters) -Vietnam’s central bank said on Monday it had raised its 14% cap on the local banking system’s credit growth for this year by 1.5-2.0 percentage points. The move…
By Jan Strupczewski BRUSSELS (Reuters) – The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to limit Moscow’s ability to…
MOSCOW (Reuters) – Russian banks raised 1.1 trillion roubles ($17.71 billion) at repo auctions held by the central bank on Monday, demonstrating sustained demand for cash as the government borrows…
JERUSALEM (Reuters) – All six rate setters at the Bank of Israel supported raising the benchmark interest rate by 0.5 point to 3.25% at their November 21 meeting in a…
By Leigh Thomas PARIS (Reuters) – Top European Union officials will use a trade meeting with U.S. counterparts on Monday to press concerns about Washington’s huge new green energy subsidy…
(Reuters) – Amazon.com Inc and Apple Inc are planning to resume advertising on Twitter, according to media reports on Saturday. The developments follow an email sent by Twitter on Thursday…
By Ann Saphir (Reuters) – Federal Reserve policymakers have all but promised to dial down the pace of their interest rate hikes next week, and over coming months feel their…
DUBLIN (Reuters) – European Central Bank policyamker Gabriel Makhlouf said he could see scenarios where the ECB pushes interest rates beyond 3% and that he was not sure that euro…
(Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan. A punchy U.S. jobs report and the beginnings of China’s COVID-related reopening seem to…
(Corrects first paragraph to say rates ‘may have to move into restrictive territory’, not ‘would have to’) By Padraic Halpin DUBLIN (Reuters) – The European Central Bank is likely to…
DUBLIN (Reuters) – European Central Bank governing council member Gabriel Makhlouf told journalists on Monday that he expects the bank’s Dec. 15 policy meeting will likely settle on a 50…
NEW DELHI (Reuters) -India gave a list of Indian products to Moscow for access to Russian markets, Foreign Minister Subrahmanyam Jaishankar said on Monday, as his country seeks to narrow…
BRUSSELS (Reuters) – Euro zone retail sales were slightly weaker than expected in October, data showed on Monday, dipping more than forecast in a sign of weakening consumer demand that…
By Alexander Marrow MOSCOW (Reuters) -Alexei Kudrin, a longtime ally of Russian President Vladimir Putin, said on Monday he would join technology giant Yandex to advise on corporate development as…
LONDON (Reuters) – Britain’s services sector shrank slightly for a second month running in November, as cost-of-living pressures for households and businesses’ uncertainty about the economic outlook squeezed demand, a…