NATO calls for common standards in push to boost defence production
By Sabine Siebold and Andrew Gray Brussels (Reuters) – NATO must work harder to set common standards for weapons and…
Europe
Oil drops 1.5% as Fed projects more rate hikes this year
By Arathy Somasekhar HOUSTON(Reuters) – Oil prices fell 1.5% on Wednesday after the U.S. Federal Reserve projected more interest rate…
Volkswagen subsidy to cost Canada C$2.4 billion more than forecast
By Ismail Shakil OTTAWA (Reuters) -Canada’s budgetary watchdog estimated on Wednesday that a deal offering Volkswagen production tax credits to…
Potential Olympics sponsorship deal tests LVMH heir Antoine Arnault
By Mimosa Spencer PARIS (Reuters) – The final shape of LVMH’s likely Olympics sponsorship rests on Antoine Arnault, one of…
Macron to meet Elon Musk in Paris to talk Tesla investment
By Michel Rose (Reuters) – French President Emmanuel Macron said he will meet with Tesla CEO Elon Musk on Friday,…
Volkswagen passenger cars targets 10 billion euros of efficiency gains
BERLIN (Reuters) -Volkswagen’s passenger car brand will implement savings and cost-cutting measures amounting to 10 billion euros ($10.83 billion) by…
Canada finance minister: Stellantis investment ‘is coming’
OTTAWA (Reuters) – Canada, which has been renegotiating its support for a Stellantis-LGES electric vehicle battery plant, is confident that…
“Silvio, Silvio” – Berlusconi divides Italy even at his funeral
By Emilio Parodi and Giulio Piovaccari MILAN (Reuters) -Italy bade farewell to four-times prime minister Silvio Berlusconi on Wednesday at…
European shares rise on Fed pause hopes
By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) – European shares rose on Wednesday, supported by banks and miners, ahead…
France’s indebted Casino set for battle of billionaires
By Mathieu Rosemain, Chiara Elisei and Laura Lenkiewicz PARIS (Reuters) -Jean-Charles Naouri is set to lose his 30-year grip on…