German union calls for better staffing at Tesla plant amid expansion plans
FRANKFURT (Reuters) – Germany’s top union IG Metall on Monday called for Tesla to improve staffing conditions at its German…
Europe
Traders bulk up on biggest bull position in sterling since Brexit
By Nell Mackenzie LONDON (Reuters) – Speculators have amassed their biggest long position in sterling in dollar terms since Brexit,…
Russia to hike rates to 8% as weak rouble adds to inflation concerns: Reuters poll
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – Russia’s central bank is expected to hike rates to 8% on…
Russia refuses to renew Black Sea grain deal and says no guarantees for ships now
(Reuters) – Russia refused on Monday to extend the agreement that has enabled Ukraine to export grain from its Black…
German economy may contract slightly in 2023 – IMF
BERLIN (Reuters) – Germany’s economic output may shrink slightly this year due to the energy price shock and tightening financial…
Elton John gives evidence by videolink at Kevin Spacey’s London trial
By Sam Tobin LONDON (Reuters) – Singer Elton John appeared by videolink in a London court on Monday to give…
Debt restructuring talks at G20 meet hurt by differences, low attendance
By Sarita Chaganti Singh and Shivangi Acharya GANDHINAGAR, India (Reuters) – Debt restructuring talks made little progress during the third…
Nigeria inflation rises further in June, putting pressure on central bank
By Elisha Bala-Gbogbo and Chijioke Ohuocha ABUJA (Reuters) – Nigeria’s inflation rose for the sixth month in a row in…
German economy may disappoint as sentiment worsens – Bundesbank
FRANKFURT (Reuters) – The German economy may shrink by more this year than expected only a few weeks ago despite…
Tesla discounts set to power quarterly revenue growth, hit profit
By Akash Sriram (Reuters) – Tesla’s strategy to boost sales through price cuts is likely to have powered its strongest…