Electric vehicle maker Polestar cuts production guidance, jobs
By Marie Mannes STOCKHOLM (Reuters) – Swedish electric vehicle (EV) maker Polestar lowered its 2023 production guidance on Thursday and…
2023
In Bakhmut’s ruins, Ukraine says intensity of Wagner attacks growing
By Max Hunder KYIV (Reuters) – A Ukrainian brigade commander fighting in the ruins of Bakhmut said Russian mercenary forces…
US Senate panel advances rail safety bill spurred by Ohio derailment
By David Shepardson WASHINGTON (Reuters) -A U.S. Senate panel on Wednesday approved rail safety legislation that tightens rules on trains…
Buffett’s Dairy Queen sees Taiwan among possible new markets, while mindful of geopolitics
By Jonathan Stempel (Reuters) – Berkshire Hathaway-owned Dairy Queen is exploring options to expand in new markets, perhaps including Taiwan,…
Blackstone, Apollo were among about 20 bidders for SVB’s assets
(This May 10 story has been corrected to fix the bids closing to March 24, not March 10, in paragraph…
Pope Francis recognises 21 Copts beheaded by Islamic State as martyrs
By Philip Pullella VATICAN CITY (Reuters) – Pope Francis on Thursday announced that 21 Coptic Orthodox Christians beheaded by Islamic…
What is the corruption case against Pakistan’s Khan?
By Asif Shahzad (Reuters) -Pakistan’s former Prime Minister Imran Khan was arrested on Tuesday by an anti-graft agency on corruption…
Shooting at German Mercedes plant kills two; production halted
By Christina Amann and Ilona Wissenbach BERLIN (Reuters) -A shooting at a Mercedes-Benz plant in the city of Sindelfingen in…
Amsterdam bans fast-delivery grocery hubs from residential areas
By Charlotte Van Campenhout AMSTERDAM (Reuters) -Amsterdam is banning fast-delivery grocery companies from setting up so-called dark stores in residential…
Fed’s Kashkari says tight monetary policy may be needed for ‘extended’ time
By Ann Saphir (Reuters) – An extended period of high interest rates and an inverted yield curve could put more…