Volkswagen aims for ‘margin parity’ on some EVs by 2025
By Victoria Waldersee and Joseph White MUNICH (Reuters) -Volkswagen Chief Financial Officer Arno Antlitz said on Wednesday rising battery material…
Business
Mike Ashley’s Frasers raises stake in online retailer ASOS
(Reuters) – Britain’s Frasers Group raised its stake in online fashion retailer ASOS, a filing showed on Wednesday, as the…
Deutsche Bank investors ask if profits sustainable, question strategy
By Tom Sims FRANKFURT (Reuters) -Deutsche Bank investors on Wednesday questioned the sustainability of the lender’s growth plans and called…
First nuclear fusion plants to need $7 billion supply chain -survey
By Timothy Gardner WASHINGTON (Reuters) – Companies looking to harness the process that powers the sun and stars to generate…
Argentine shoemakers and tailors buckle under 109% inflation
By Horacio Soria BUENOS AIRES (Reuters) – In Juan Capano’s shoemakers’ workshop on the outskirts of Buenos Aires, 109% inflation…
Bank of England’s Bailey sees some cooling in job market
LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Wednesday there were some signs of a cooling of inflation…
ECB zeroes in on struggling borrowers and forex as times get tougher
FRANKFURT (Reuters) – The European Central Bank on Wednesday told banks to step up how they manage struggling borrowers and…
Exclusive-Polish fiscal policy should help tackle inflation – IMF
By Gergely Szakacs BUDAPEST (Reuters) – Poland’s government must ensure its fiscal policies support the fight to bring inflation down,…
Analysis-Amgen’s antitrust woes spur wider pharmaceutical deal fears
By David Carnevali NEW YORK (Reuters) – Investors are scrambling to assess the fallout of a U.S. regulatory challenge against…
EU seeks to simplify customs system, tighten up on e-commerce
By Philip Blenkinsop BRUSSELS (Reuters) – The European Commission proposed on Wednesday a reform of customs rules for the surge…