Lucid Eyes Price Increases For Future Models, Will Honor Prices For Existing Reservations -CEO

Lucid Eyes Price Increases For Future Models, Will Honor Prices For Existing Reservations -CEO

By Tina Bellon AUSTIN, Texas (Reuters) – Electric carmaker Lucid is looking into raising prices for future models amid “huge inflationary pressures,” but is committed to honoring prices for existing reservation holders, its chief executive on Thursday. “There’s an inevitability that we will have to look at the price points of models that are coming…

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European Shares Higher After Fed Hike, Eyes On Ukraine Peace Talks

European Shares Higher After Fed Hike, Eyes On Ukraine Peace Talks

By Sruthi Shankar and Shreyashi Sanyal (Reuters) -European stocks gained in choppy trading on Thursday, a day after the Federal Reserve’s widely anticipated U.S. interest rate hike, as investors eyed Russia-Ukraine peace talks. The pan-European STOXX 600 index rose 0.5%, paring March losses spurred by the Ukraine conflict. Investors took in stride the long-expected start…

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Russia's VTB To Hand Over Servicing Of Foreign Securities To Other Firms - TASS

Russia’s VTB To Hand Over Servicing Of Foreign Securities To Other Firms – TASS

(Reuters) – Russia’s second-largest state lender VTB, which has been targeted by Western sanctions, said on Thursday it would hand over servicing of foreign securities to other Russian financial companies, the TASS state news agency reported. “This step would allow us to protect assets of private investors and secure their ability to buy and sell…

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