Volkswagen’s April deliveries jump 39% thanks to China boost
(Reuters) – Volkswagen’s said on Friday its group deliveries jumped 39% year-on-year in April, bringing the total number of vehicles…
Economy
Germany finance minister urges “grown-up” decision on U.S. debt ceiling
NIIGATA, Japan (Reuters) – German Finance Minister Christian Lindner on Friday said he hoped politicians in the United States would…
UBS CEO: Credit Suisse no longer seeing outflows
LUCERNE, Switzerland (Reuters) -UBS Chief Executive Sergio Ermotti said on Friday that the situation at Credit Suisse has stabilized and…
Singapore’s long-serving central bank chief reappointed for 2 years
By Xinghui Kok SINGAPORE (Reuters) -Singapore’s longest-serving central banker Ravi Menon has been reappointed in his role for another two…
U.S., German ministers discuss efforts to counter Russian sanctions evasion
NIIGATA, Japan (Reuters) – U.S. Treasury Secretary Janet Yellen met German Finance Minister Christian Lindner on Friday, underscoring the importance…
Audit finds holes in ECB’s management of bank credit risk
FRANKFURT (Reuters) – European Central Bank supervisors are often too lenient with banks in how they manage credit risk, especially…
Hollywood writers try to strike a love match while picketing
By Rollo Ross and Danielle Broadway BURBANK, California (Reuters) – As striking Hollywood writers protest working conditions, some are seeking…
UK’s THG shares dive 20% as another suitor bites the dust
By Yadarisa Shabong (Reuters) -British online retail platform THG Plc ended talks with Apollo Global Management on Friday, saying there…
JP Morgan now expects S.Africa 2023 GDP decline on deeper power cuts
(Reuters) – JPMorgan in a research note on Friday said it now forecast a 0.2% decline in South Africa’s 2023…
Fed’s Bowman: more policy tightening likely appropriate
(Reuters) – The U.S. Federal Reserve will probably need to raise interest rates further if inflation stays high, Fed Governor…