Ukraine Crisis Could Affect Monte Dei Paschi’s Capital Plans
By Valentina Za and Giuseppe Fonte MILAN (Reuters) -Monte dei Paschi di Siena must submit an updated capital plan to…
Reuters
LME Benchmark Nickel Spikes 15% To Hit Limit Up
By Eric Onstad LONDON (Reuters) – The London Metal Exchange’s (LME) benchmark nickel surged 15% on Wednesday to hit its…
Nestle To Suspend Brands In Russia, Including KitKat And Nesquik
By Richa Naidu LONDON (Reuters) -Nestle said on Wednesday it will suspend several brands including KitKat and Nesquik in Russia,…
Tencent Posts Slowest-ever Sales Rise; Regulation Impact Set To Ease
By Brenda Goh SHANGHAI (Reuters) -Revenue at Chinese social media and gaming giant Tencent grew just 8% in the fourth…
Canada Plan To Hike Oil Exports Will Not Compromise Climate Goals -government Source
By Steve Scherer and Nia Williams OTTAWA/CALGARY, Alberta (Reuters) – Canada on Thursday will outline plans to increase oil exports…
Biden’s Menu Of Options On High Gasoline Prices Is Not Appetizing
By Jarrett Renshaw WASHINGTON (Reuters) – U.S. President Joe Biden has few appealing policy options to get record high U.S….
Workers At Deutsche Bank’s Postbank Clinch Pay Deal After Months Of Wrangling
FRANKFURT (Reuters) -A pay increase for thousands of workers at Deutsche Bank’s retail unit Postbank has been agreed with management,…
VW Says Its Spanish Battery Cell Plant Will Be Located Near Valencia
BARCELONA (Reuters) – Volkswagen’s planned battery cell plant in Spain will be located in Sagunto, on the outskirts of Valencia,…
UK Inflation Hits 30-year High Of 6.2% As Sunak Readies Response
By Andy Bruce LONDON (Reuters) -British inflation shot up faster than expected last month to hit a new 30-year high,…
Stellantis, Mercedes-Benz, TotalEnergies JV To Build Battery Plant In Italy
ROME (Reuters) -Automotive Cells Company (ACC), a joint venture between Stellantis , Mercedes-Benz and TotalEnergies, said on Wednesday it plans…