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…
Business
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…
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…
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…
UAE’s ADNOC to offer 15% stake in logistics unit IPO
DUBAI (Reuters) – Abu Dhabi oil giant ADNOC intends to offer 15% of its shares in unit ADNOC Logistics & Services…
Honda sees full-year profit rising 19% after missing forecasts in Q4
TOKYO (Reuters) – Japan’s Honda Motor Co on Thursday forecast a 19.1% rise in operating profit for this business year,…