Outgoing Thyssenkrupp CEO pledges leadership change won’t slow execution
By Christoph Steitz and Tom Käckenhoff FRANKFURT (Reuters) – Thyssenkrupp’s outgoing Chief Executive Martina Merz sought to assuage investor fears…
May 11, 2023
EV maker Rivian takes bold bet with higher-priced vehicles amid heating competition
By Abhirup Roy SAN FRANCISCO (Reuters) -Rivian Automotive Inc is betting it can keep prices high for its debut lines…
Yellen says G7 members looking at how to counter China’s ‘economic coercion’
By Andrea Shalal NIIGATA, Japan (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday said many members of the Group…
Apple supplier Foxconn’s Q1 profit plunges, outlook “conservative”
By Yimou Lee TAIPEI (Reuters) -Apple Inc supplier Foxconn on Thursday posted a 56% plunge in first-quarter net profit, lagging…
Chinese baby product firms seek to age up, sell more abroad as population falls
By Farah Master HONG KONG (Reuters) – For many of China’s manufacturers of baby and children’s products, painful reverberations from…
US Army sergeant sentenced to 25 years for Black Lives Matter protester’s murder
(Reuters) -A U.S. Army sergeant was sentenced to 25 years in a Texas prison on Wednesday for killing a man…
Cost of insuring against U.S. default rises to highest since 2009
LONDON (Reuters) – The cost of insuring against a U.S. default rose to its highest since early 2009 on Thursday,…
Rolls-Royce turnaround moving ‘at pace’ under new CEO
By Sarah Young and Paul Sandle LONDON (Reuters) -British engine maker Rolls-Royce said the new CEO’s plan to boost the…
Armorer bought live rounds before ‘Rust’ shooting, prop supplier told police
By Andrew Hay (Reuters) – The prop supplier for “Rust” said the movie’s armorer told him that before the production…
Euro zone consumers raise inflation expectations – ECB survey
FRANKFURT (Reuters) -Euro zone consumers raised their inflation expectations in March for the first time since the autumn, even as…