Factbox-What is embattled British business group the CBI?
LONDON (Reuters) – The Confederation of British Industry (CBI) trade organisation has suspended all policy and membership work until June…
Economy
Factbox-Industry targets of U.S. Republicans’ anti-ESG efforts
By Ross Kerber (Reuters) – Republican federal and state lawmakers, governors, and attorneys general are pushing back on growing efforts…
Sale of Italy’s MPS should help create several big banks, says Meloni
MILAN (Reuters) – The privatisation of Italian lender Monte dei Paschi di Siena should foster the creation of several large…
Russian billionaires see wealth rise to over half a trillion dollars -Forbes
By Guy Faulconbridge MOSCOW (Reuters) – Russia’s richest people added $152 billion to their wealth over the past year, buoyed…
Norway’s oil fund to vote against climate resolution at BP
By Nerijus Adomaitis OSLO (Reuters) -Norway’s $1.4 trillion sovereign wealth fund, one of the world’s largest investors, said on Saturday…
Brazil’s Embraer to build NATO-approved aircraft in Portugal
LISBON (Reuters) – Brazil’s Defence Minister Jose Mucio said on Friday his country’s planemaker Embraer SA would manufacture aircraft that…
Factbox-World’s biggest lithium producers
By Carman Chew SINGAPORE (Reuters) – Chilean President Gabriel Boric said on Thursday he would nationalise the country’s lithium industry…
Canada, Volkswagen to invest more than C$20 billion in EV battery gigafactory
By Steve Scherer and Victoria Waldersee OTTAWA (Reuters) -Canada and Volkswagen on Friday together committed more than C$20 billion ($14.8…
Wall St posts slim gain ahead of big earnings week
By Lewis Krauskopf, Sruthi Shankar and Ankika Biswas (Reuters) – Major U.S. stock indexes ended with fractional gains on Friday…
SVB CEO, CFO resign, co appoints turnaround expert as interim finance head
(Reuters) -SVB Financial Group’s CEO and chief financial officer resigned this week while the collapsed lender’s restructuring committee appointed a…