Jaguar Land Rover recalling I-PACE vehicles in US over fire risks
By David Shepardson WASHINGTON (Reuters) -Jaguar Land Rover (JLR) said it was recalling nearly 6,400 I-PACE vehicles in the United…
Europe
German family-owned Schmid Group aims for SPAC listing on NYSE
By Emma-Victoria Farr FRANKFURT (Reuters) – Germany’s Schmid Group said on Wednesday it plans to list in New York via…
German inflation drops to lowest level in more than a year
By Maria Martinez BERLIN (Reuters) -Germany on Wednesday joined a list of major euro zone economies reporting a bigger than…
Default wave imminent, will peak in 2024- Deutsche Bank
LONDON (Reuters) – A wave of debt defaults by companies in the United States and Europe is imminent, due in…
Turkish central bank signals to banks it may soften measures -bankers
By Nevzat Devranoglu ANKARA (Reuters) – Turkey’s central bank signalled at a meeting with senior bankers that it would respond…
Prigozhin asks prosecutors to probe ‘crime’ by top Russian defence officials
By Guy Faulconbridge MOSCOW (Reuters) – Russia’s most powerful mercenary, Yevgeny Prigozhin, said on Wednesday that he had asked prosecutors…
Brazil’s economy likely surged back in Q1 powered by record crops: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s economy likely surged back to growth in the first quarter of the…
Renewable fuels to drive Neste’s growth this year – CEO
(This May 17 story has been corrected to say Marathon Petroleum, not Marathon Oil, in paragraph 8) By Trixie Yap…
Germany home prices to fall modestly this year and next: Reuters poll
By Indradip Ghosh BENGALURU (Reuters) – Home prices in Germany are forecast to correct modestly this year and decline a…
Global palladium market to swing to surplus in 2024 – Nornickel
(Reuters) – Russia’s Nornickel expects the global palladium market to swing to a surplus of 300,000 troy ounces in 2024…