Volkswagen’s Race With Tesla Will Be Tight, Diess Says
BERLIN (Reuters) – Tesla works at twice the industry pace in many processes but still needs to ramp up highly…
June 1, 2022
Deutsche Bank subsidiary CEO resigns after greenwashing raid
BERLIN (AP) — Deutsche Bank subsidiary DWS said Wednesday that its chief executive is resigning, hours after authorities raided its…
Gazprom Cuts Gas Supply To Orsted And Shell Energy
(Reuters) – Russian gas producer Gazprom has cut off gas supplies to Denmark’s Orsted and to Shell Energy for its…
Italy imports more Russian oil despite impending embargo
MILAN (AP) — Even as the European Union decided to reduce Russian crude oil imports by 90% by the end…
Marketmind: Full Steam Ahead For Central Banks
A look at the day ahead in markets from Sujata Rao. From Wednesday, the U.S Federal Reserve starts allowing the…
BT And Discovery Sport Tie-up Faces UK Antitrust Probe
(Reuters) -Britain’s competition watchdog said on Wednesday it had started investigating BT Group’s deal to combine its sports broadcasting business…
Report: China bars Russian airlines with foreign planes
BEIJING (AP) — China has barred Russia’s airlines from flying foreign-owned jetliners into its airspace, the Russian news outlet RBK…
Asia shares slide across board amid rate hike, COVID worries
TOKYO (AP) — Asian shares declined Thursday, echoing a retreat on Wall Street as investors fretted about higher interest rates…
German Retail Sales Drop More Than Expected In April
BERLIN (Reuters) – German retail sales fell by more than expected in April, as food prices saw a significant increase,…
Japan’s Panasonic Sees Global Car Output Improving This Business Year
(Reuters) -Panasonic Corp, which makes batteries for Tesla and other automakers, said on Wednesday it expected global car production to…