All News

COMO, Italy – The head of carmaker Stellantis does not expect improvement in the semiconductor supply chain before next year, he said on Friday. “Semiconductor supply is still very short, …

(Reuters) – Meta Platforms Inc has appealed to a Moscow court against a ban imposed on some of its activities in Russia due to “extremism”, the Interfax news agency cited …

By Paresh Dave and Nivedita Balu OAKLAND, Calif. -Apple Inc on Thursday forecast bigger problems as COVID-19 lockdowns snarl production and demand in China, the war in Ukraine dents sales …

FRANKFURT – German car parts supplier Continental said on Friday it expects energy, logistics and materials cost to rise by 3.5 billion euros ($3.7 billion) this year due to COVID-19 …

By Huw Jones LONDON – Regulators could force banks and other financial firms to hire external auditors to check on the accuracy of their climate data, the Financial Stability Board …

COPENHAGEN – Danske Bank reported lower-than-expected first-quarter profits, citing higher costs and turbulent financial markets, sending its shares lower on Friday even as it maintained its full-year profit outlook. Danske …

By Mike Dolan LONDON – Paradigm lost? A long-held view among many investors that China’s currency and markets would one day sit at the centre of world finance to match …

(Reuters) – Russia’s inflation this year could be lower than previously expected thanks to a recovery in the rouble, which should give the central bank room to cut interest rates …

By Essi Lehto HELSINKI – Finland’s Nokian Tyres is still running its Russian factory and as long as it stays in the company’s hands production there will not support Russia’s …

By Ben Blanchard and Sarah Wu TAIPEI – Taiwan’s Delta Electronics Inc, a supplier of power components to companies such as Apple Inc and Tesla Inc, is expanding manufacturing “everywhere” …

By Nick Carey LONDON – Mercedes-Benz is looking at energy alternatives should Russia cut gas deliveries and is working closely with German authorities to ensure energy supplies, the premium carmaker’s …

By Victoria Klesty OSLO – New Nordic airline Norse Atlantic started ticket sales on Friday for budget transatlantic flights, hoping to succeed where Norwegian Air spectacularly failed, by betting on …

By Jing Xu and Julie Zhu BEIJING/HONG KONG – China and U.S. regulators are discussing operational details of an audit deal that Beijing hopes to sign this year, sources familiar …

SHANGHAI/HONG KONG -CATL, the world’s largest electric vehicle (EV) battery manufacturer, reported a 23.6% drop in the first quarter profit on Friday, its first fall in two years, as it …

SHANGHAI – China’s banking and insurance regulator on Friday published draft rules regulating internal control and management at wealth management companies. Such rules included that wealth management companies should not …

BERLIN -The German economy grew slightly in the first quarter of this year, supported by stronger investment, but the war in Ukraine began having an increasing impact from the end …

By Jesús Aguado MADRID -Spain’s BBVA beat forecasts on Friday with a 36.4% year-on-year rise in first quarter net profit, driven by a strong performance in emerging markets, while competitor …

FRANKFURT – Bank lending to euro zone businesses slowed in March, reinforcing expectations that Russia’s war in Ukraine would prompt both banks and corporations to tread cautiously, data from the …

By Bernadette Christina JAKARTA – When Indonesian cooking oil prices started climbing in November, authorities faced pressure to contain the cost of the household necessity made from palm oil and …

NEW YORK, NY – A group of black males opened fire after being engaged in an argument with a 14-year-old and 18-year-old victim in Queens on Thursday. Police said at …

AMSTERDAM -Signify, the world’s biggest maker of lights, reported a 9% jump in first-quarter core earnings on Friday, topping analysts’ expectations, as growing demand for energy saving lights outweighed persistent …

NEW YORK, NY – A 44-year-old woman was pistol-whipped and robbed on a New York City subway train on April 19th at around 8:25 pm. On Thursday, the New York …

By Samuel Shen and Alun John SHANGHAI/HONG KONG – This month’s dive in China’s currency has revived memories of past routs but market participants say increased foreign holdings of yuan …

LONDON -Reckitt Benckiser Group beat first-quarter sales expectations on Friday, having increased prices to offset soaring raw material costs and flat volumes. Consumer goods manufacturers from Procter & Gamble to …

By Leigh Thomas PARIS -France’s economic growth unexpectedly flatlined in the first quarter as consumer spending dropped in the face of record high inflation, official data showed on Friday, putting …