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PARIS/BERLIN – Volkswagen unveiled a production version of its long-awaited ID. Buzz van in Paris on Wednesday, an electric reincarnation of its Microbus or Kombi, due to go on sale …

WASHINGTON – Africa’s economic outlook is particularly vulnerable to higher food and fuel prices prompted by Russia’s invasion of Ukraine, as well as to reduced tourism revenues and diminished access …

FRANKFURT – The European Central Bank raised its inflation projections on Thursday but cut its growth outlook as the conflict in Ukraine is likely to keep commodity prices high, sapping …

NEW YORK – U.S. consumer prices surged in February, culminating in the largest annual increase in 40 years, and inflation is poised to accelerate further in the months ahead as …

By Victoria Waldersee BERLIN – BMW more than doubled pre-pandemic earnings in 2021 to 16 billion euros ($17.67 billion), the company said on Thursday, as higher prices and strong sales …

– Peloton Interactive Inc said on Thursday it would explore various pricing models in select U.S. markets, as the exercise bike company looks to attract more customers and return to …

– Bank of New York Mellon Corp said on Thursday vice chair Robin Vince would become the company’s chief executive officer, replacing Todd Gibbons who will retire later this year. …

By Valerie Volcovici and Nichola Groom – The U.S. oil industry and President Joe Biden’s administration are clashing over who is to blame for tight energy supplies that have driven …

LONDON – Britain imposed sanctions on Chelsea soccer club owner Roman Abramovich and Igor Sechin, chief executive of Russian oil giant Rosneft, hitting them with asset freezes and travel bans …

By Maha El Dahan DUBAI – Confusing messages from No. 3 OPEC producer the United Arab Emirates about whether it supported higher output or not stoked volatility in the oil …

By Shadia Nasralla LONDON – Shell faces writedowns on $400 million in Russian downstream assets, it said on Thursday, having announced $3 billion worth of other projects previously. The oil …

By Simon Jessop LONDON – The aviation industry needs to take “urgent action” to align with the world’s climate goal, including curtailing growth in air travel and rapidly scaling up …

– Anthem Inc said on Thursday it intends to change its name to Elevance Health Inc, as the company looks to shift its focus beyond the health insurance business. The …

By Samuel Shen and Xie Yu HONG KONG/SHANGHAI – China’s securities regulators are gathering information from futures brokerages about their clients’ short positions in nickel to prevent spillover risks from …

By Hannah Lang – Cryptocurrency evangelists are on the defensive amid warnings from U.S. and European lawmakers that digital asset companies are not up to the task of complying with …

BERLIN – Germany’s BGA trade association said on Thursday a survey of its members showed most expected an economic slowdown as a result of the Ukraine conflict, but that business …

By Praveen Menon -Rio Tinto on Thursday became the first major mining company to announce it was cutting all ties with Russian businesses, joining a raft of leading Western companies …

– Hotel chain Marriott International Inc said on Thursday it has decided to pause the opening of upcoming hotels and all future hotel development and investment in Russia, following Moscow’s …

By Jan Strupczewski VERSAILLES, France – European Union leaders will prepare the ground on Friday for possible unexpected spending over the war in Ukraine, but will stop short of mentioning …

– China has refused to supply Russian airlines with aircraft parts, an official at Russia’s aviation authority was quoted by Russian news agencies as saying on Thursday, after Boeing and …

– The Kremlin said on Thursday that Russia’s economy was experiencing a shock and that measures were being taken to soften the impact of what it described as an “absolutely …

TOKYO – Japan’s Honda Motor will reduce factory production by about 10% in two domestic plants through the end of March, it said on Thursday, citing the global microchip shortage …

LONDON -British online fashion retailer Boohoo forecast 2021-22 core earnings in line with reduced guidance as it reported an expected slowdown in revenue growth in its latest quarter. The Manchester, …

By Gergely Szakacs BUDAPEST – Suzuki Motor Corp has suspended car exports to Russia and Ukraine from its Hungarian factory as of March due to the war, the Japanese company …

LONDON – Shell Chief Executive Ben van Beurden’s pay package for last year rose by about a quarter to 7.4 million euros ($8.2 million), his first raise since receiving a …