Euro zone producer prices fall m/m in March
BRUSSELS (Reuters) – Euro zone producer prices fell a bit more than expected month-on-month in March, data showed on Thursday,…
Business
Volvo Cars to axe 1,300 jobs as it steps up cost cuts
COPENHAGEN (Reuters) -Volvo Cars will lay off around 1,300 office-based employees in Sweden as it steps up cost cutting, the…
Staging partial recovery, Russia’s April car sales leap 170.4% y/y – Autostat
(Reuters) – Car sales in Russia leapt by 170.4% year-on-year in April, analytical agency Autostat said on Thursday, with the…
Factbox-Lawsuits lodged over state-backed Credit Suisse takeover
(Reuters) – Hundreds of lawsuits have been filed over the terms of the emergency deal to save Credit Suisse by…
Volkswagen sees growing competition ahead as revenue jumps on Europe, US
By Victoria Waldersee BERLIN (Reuters) -Volkswagen sees higher competition later this year as supply chain bottlenecks ease and China’s electric…
German exports fall significantly more than expected in March
By Maria Martinez (Reuters) – German exports fell significantly more than expected in March, as deliveries to the United States…
Bosch looks to growth in cars, heating systems
FRANKFURT (Reuters) – German technology group Robert Bosch expects 6% to 9% revenue growth this year from 88.2 billion euros…
Euro zone April business activity grows on strong services demand – PMI
By Indradip Ghosh BENGALURU (Reuters) – Growth in euro zone business activity sped up in April, though less than initially…
TIM debates grid bids as investor Vivendi challenges strategy
By Elvira Pollina MILAN (Reuters) – Telecom Italia (TIM) directors will meet on Thursday to decide their response to multibillion…
Upturn in German services sector activity continues in April
BERLIN (Reuters) – German services sector activity grew in April at the fastest pace in a year as demand picked…