Mercedes includes buyback option as Russian assets sale given official approval
(Reuters) – Mercedes-Benz has agreed on a buyback option for its Russian assets, the sale of which has now been…
Business
Euro zone current account surplus widens in February
FRANKFURT (Reuters) – The euro zone’s current account surplus widened in February as imports fell thanks lower energy costs and…
Heineken sees Europe resilience offseting Asia slowdown risk
By Philip Blenkinsop BRUSSELS (Reuters) -Heineken maintained its forecast for 2023 profit growth with the risk of slower economic expansion…
Rheinmetall and KMW to upgrade Puma armoured vehicles for German army
(Reuters) – Rheinmetall and Krauss-Maffei Wegmann (KMW) have received an order from the German army to upgrade 143 Puma infantry…
China may hold lending benchmarks steady as recovery remains on track -analysts
SHANGHAI/SINGAPORE (Reuters) – China is widely expected to stand pat on lending benchmarks at the monthly fixing on Thursday, a…
Fox settles Dominion lawsuit for $787.5 million over US election lies
By Helen Coster and Jack Queen WILMINGTON, Delaware (Reuters) -Fox Corp and Fox News on Tuesday settled a defamation lawsuit…
Fox News says little on air about its $787.5 million settlement with Dominion
By Helen Coster (Reuters) – Fox News’s $787.5 million settlement with Dominion Voting Systems over its coverage of false vote-rigging…
EU passenger car sales up 28.8% to over 1 million units in March, ACEA says
(Reuters) – Passenger car registrations in the European Union rose 28.8% in March to more than one million units, the…
Analysis: China’s ‘atypical’ deflation cycle gives central bank a headache
By Kevin Yao BEIJING (Reuters) – China’s central bank has plenty of reasons to loosen policy as deflationary pressures in…
Analysis-Once booming Indian startups set for more pain as funding crunch worsens
By M. Sriram MUMBAI (Reuters) – A funding squeeze at Indian startups that has already led to layoffs and delayed…