SHANGHAI (Reuters) – Tesla completed a project to expand production capacity at its Shanghai plant on Monday, according to a statement on a Shanghai government platform for companies’ environmental information …
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Unilever violating merger deal over Israel sale – Ben & Jerry’s founders on MSNBC
by Reutersby Reuters(Reuters) – The founders of ice cream maker Ben & Jerry’s said on MSNBC on Sunday that parent Unilever PLC is in violation of the 2000 merger deal over its …
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Daimler Truck CEO says output could have been higher by ‘five-digit figure’ without supply chain problems
by Reutersby ReutersHANNOVER, Germany (Reuters) – Daimler Truck’s deliveries could have been higher by a “five-digit figure” in 2021 and 2022 if it had not faced supply chain problems, its chief executive …
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Morgan Stanley’s Southeast Asia M&A chief to head Raine’s Southeast Asia coverage-sources
by Reutersby ReutersSINGAPORE (Reuters) – U.S. investment bank Raine Group has tapped Jonathan Pflug, Morgan Stanley’s head of Southeast Asia M&A, to lead its coverage in Southeast Asia, two sources familiar with …
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McKesson to buy pharma tech firm Rx Savings for up to $875 million
by Reutersby Reuters(Reuters) -Drug distributor McKesson Corporation said on Monday it would acquire private pharma technology firm Rx Savings Solutions for up to $875 million. The company helps health insurers and employers …
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Queen’s final resting place is a small chapel in historic Windsor Castle
by Reutersby ReutersWINDSOR, England (Reuters) – At the end of a state funeral watched by millions of people the world over, Queen Elizabeth was being brought home to her beloved Windsor Castle …
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By David Shepardson WASHINGTON (Reuters) -U.S. traffic deaths rose 0.5% in the first half of 2022 to 20,175, the highest number killed in the period since 2006, according to an …
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Freed American stable after prisoner exchange with Taliban -official
by Reutersby ReutersWASHINGTON (Reuters) – American engineer Mark Frerichs appears to be in stable condition after his release on Monday in exchange for an Afghan tribal leader, a senior Biden administration official …
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Biden says U.S. forces would defend Taiwan in the event of a Chinese invasion
by Reutersby ReutersBy David Brunnstrom and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden said U.S forces would defend Taiwan in the event of a Chinese invasion, his most explicit statement on …
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IMF staff back $4 billion tranche for Argentina, praise ‘decisive’ steps
by Reutersby ReutersBUENOS AIRES (Reuters) – The International Monetary Fund (IMF) has reached a staff-level agreement on Argentina’s $44 billion extended fund facility arrangement, which should unlock nearly $4 billion in funds …
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Focus is on American released from Afghanistan’s re-entry, Biden says
by Reutersby ReutersWASHINGTON (Reuters) – Mark Frerichs, an American engineer released from Afghanistan in a prisoner swap on Monday, should have a healthy, safe return to the United States, U.S. President Joe …
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By Kevin Buckland and Kiyoshi Takenaka TOKYO (Reuters) -Typhoon Nanmadol, one of the biggest storms to hit Japan in years, killed at least two people and brought ferocious winds and …
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‘In loving and devoted memory’: King Charles handwritten note to late queen
by Reutersby ReutersLONDON (Reuters) – Britain’s King Charles paid tribute to his late mother Queen Elizabeth on Monday with a handwritten note laid on top of her coffin reading: “In loving and …
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Bread prices jump by nearly a fifth in EU, Eurostat says as war in Ukraine weighs
by Reutersby Reuters(Reuters) – The price of bread rose by almost a fifth in the European Union in August as Russia’s invasion of Ukraine, both major exporters of grains and fertilisers, continued …
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BIS backs “forceful” rate hikes despite rising recession risk
by Reutersby ReutersBy Marc Jones LONDON (Reuters) – The world’s central bank umbrella body, the Bank for International Settlements (BIS), has urged major economies to forge ahead with forceful interest rate hikes …
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Hot core: Canada may need a recession to cool down inflation
by Reutersby ReutersBy Julie Gordon and Fergal Smith OTTAWA (Reuters) -The underlying pressures driving inflation in Canada are likely to peak in the fourth quarter of this year, economists told Reuters, though …
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Tesla’s German battery plant and land extension on track – mayor
by Reutersby ReutersBERLIN (Reuters) – Tesla has confirmed to the mayor of Gruenheide that its plans to operate the battery plant currently under construction in Germany are unchanged, mayor Arne Cristiani told …
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Hurricane Fiona to bring flooding to eastern Dominican Republic
by Reutersby Reuters(Reuters) -Hurricane Fiona was expected to bring life-threatening flash and urban flooding to parts of the Dominican Republic after making landfall near Boca de Yuma at 3:30 a.m. AST, the …
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Exclusive-India’s top lender asks exporters to trade with Bangladesh in rupee, taka
by Reutersby ReutersBy Nidhi Verma and Nupur Anand New Delhi (Reuters) – Top lender State Bank of India has asked exporters to avoid settling deals with Bangladesh in the dollar and other …
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Queen Elizabeth’s coffin starts journey to final resting place
by Reutersby ReutersBy Michael Holden, Kate Holton and Andrew MacAskill LONDON (Reuters) -King Charles, his sons William and Harry and other senior royals joined a solemn procession https://www.reuters.com/world/uk/royals-emotions-queen-show-through-ceremonial-pageantry-2022-09-19/ behind Queen Elizabeth’s coffin …
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Mercedes-Benz to build wind farm in northwestern Germany, examining solar options
by Reutersby ReutersBERLIN (Reuters) – Mercedes-Benz is planning to build a wind farm in the northwestern German state of Lower Saxony, by 2025 that is able to produce a hundred megawatts of …
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Norway to hike rates by 50 basis points this week – Reuters poll
by Reutersby ReutersOSLO (Reuters) – Norway’s central bank is expected to raise its benchmark interest rate again this week and signal a continued rise in the cost of borrowing in the fourth …
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China to accelerate projects, boost consumption to spur recovery
by Reutersby ReutersBEIJING (Reuters) -China will speed up fund injections to expedite project construction and boost domestic consumption, China’s state planner said on Monday, even after the economy showed signs of renewed …
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Further interest rate hikes will depend on data, ECB’s de Guindos says
by Reutersby ReutersMADRID (Reuters) -The exact number of further interest rate increases by the European Central Bank will depend on upcoming macroeconomic data, ECB Vice-president Luis de Guindos said on Monday. Earlier …
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Bitcoin falls below $19,000 as cryptos creak under rate hike risk
by Reutersby ReutersSINGAPORE (Reuters) – Cryptocurrencies fell to fresh lows on Monday on regulatory concerns and as investors globally turned shy on risky assets with interest rate rises looming around the world. …