Bosch aims to stay profitable in 2022 despite uncertainties
BERLIN -German automotive supplier Bosch is aiming to be profitable this year but said that a definitive forecast is not possible due to economic and political uncertainties. As a result,…
BERLIN -German automotive supplier Bosch is aiming to be profitable this year but said that a definitive forecast is not possible due to economic and political uncertainties. As a result,…
By Hyunjoo Jin SAN FRANCISCO – A battery startup founded by a former Tesla engineer announced on Tuesday plans for U.S.-based mass production of next-generation materials aimed at cutting costs,…
FRANKFURT – The world’s largest contract logistics provider, U.S.-based GXO, said on Wednesday it hoped to significantly increase its share of sales in Germany over the next five years with…
SOUTHEASTERN POLAND – Russia is failing in its war aims but Ukraine is succeeding, U.S. Secretary of State Antony Blinken said on Monday after he and Defense Secretary Lloyd Austin…
(Reuters) – The Federal Reserve’s aim is to raise rates quickly enough to bring down inflation without pushing the U.S. economy into recession or damaging the strong jobs market, Cleveland…
WASHINGTON – The congressional panel investigating the Jan. 6, 2021, attack on the U.S. Capitol by former President Donald Trump’s supporters is aiming to hold public hearings on their findings…
By Jamie Freed SYDNEY -Qantas Airways Ltd plans to reduce carbon emissions by about 25% by 2030, in part by boosting sustainable aviation fuel to 10% of its fuel mix…
BEIJING – A unit of privately-owned Chinese firm Liaoning Fangda Group has offered to buy an 80% stake in state-backed Anyang Iron & Steel Group, the listed arm of Anyang…
By Scott Murdoch SYDNEY – JD Logistics is looking to raise $1.1 billion from a $700 million share placement with its parent company JD.Com plus a $400 million primary capital…
‘Heinous Human Rights Atrocities’: Bipartisan Legislation Aims To Relink China’s Human Rights Record With Trade Philip Lenczycki on March 22, 2022 A bipartisan group of lawmakers introduced legislation Tuesday that…
BEIJING – The central Chinese city of Wuhan has vowed to create a 100 billion yuan ($15.7 billion) space industry by 2025 and become China’s “valley of satellites”, joining other…
MEXICO CITY – Walmart’s Mexico unit is aiming to double the number of users connected to its mobile phone service in 2022, an executive said at the company’s investors day…
By David Shepardson WASHINGTON – The White House on Tuesday unveiled a new pilot effort to help clear supply chain bottlenecks at congested U.S. ports by getting truckers, shippers, wholesalers,…
LOS ANGELES, March 10, 2022 — Mercury Insurance (NYSE: MCY) announced it will be subsidizing the cost of smart home water monitoring devices from Flume, providing California homeowner policyholders a way…
– U.S. House of Representatives Majority Leader Steny Hoyer said on Tuesday that lawmakers aim to debate and pass on Wednesday the bill to fund the U.S. government through Sept.…
By Eric M. Johnson and Tim Hepher SEATTLE/PARIS – Boeing Co has preliminary plans to boost production of its cash cow 737-family narrowbody to around 47 per month by the…
BEIJING/SHANGHAI – China aims to boost lending to small businesses from large commercial banks by over 40% this year, Premier Li Keqiang told the annual meeting of parliament on Saturday.…
– Stellantis said on Tuesday that it aims to double its net revenues to 300 billion euros ($335 billion) by 2030, while maintaining double-digit adjusted operating margins as it manages…
By Mathieu Rosemain PARIS – France’s Atos aims to double its global market share in supercomputing to about 16% by around 2026, one of its executive said, stepping up European…
By Chen Lin and Jamie Freed SINGAPORE – Brazilian planemaker Embraer expects to decide late this year or early next year on whether to launch a new turboprop plane that…
CAIRO – Apache aims to raise its oil and gas output in Egypt by 10% to 15% within five years, CEO and President John Christmann told Sky News Arabia on…
By Nichola Saminather TORONTO – Canadian online brokerage Wealthsimple wants to chart a future enabling the real-world use of cryptocurrencies rather than simply facilitating trading, but is likely to face…
By Jan Strupczewski BRUSSELS – The European Union aims to invest tens of billions of euros to bolster its chip industry and double its share of global production to 20%,…
MILAN – Italy’s biggest debt recovery firm doValue will aim to keep the amount of loans it manages stable at 160 billion euros ($180.5 billion) to the end of 2024,…
By Maria Chutchian – Grupo Aeromexico SAB de CV is nearing the finish line of its restructuring with a proposed plan to reduce debt by more than $1 billion, but…