Faraday Future Reaches Agreement With Shareholder, Chairperson Swenson To Step Down
(Reuters) – Faraday Future Intelligent Electric Inc said on Monday the electric-vehicle startup had reached an agreement with its largest…
Reuters
Sollers In Talks To Buy Mazda Out Of Russian Joint Venture
MOSCOW (Reuters) – Russian automaker Sollers is in talks with Mazda Motor Corp about buying the Japanese company’s stake in…
Oil Prices Hit Nine-month Low On Recession Fears
By Noah Browning LONDON (Reuters) -Oil prices hit nine-month lows on Monday, driven down by an expected decline in fuel…
Pakistani Rupee Opens Slightly Firmer, Markets Await New Finance Minister
By Syed Raza Hassan KARACHI, Pakistan (Reuters) -The Pakistani rupee opened slightly stronger on Monday as market participants awaited the…
Japan Warns Against Speculative Yen Moves, Markets Wary Of Further Intervention
By Tetsushi Kajimoto and Leika Kihara TOKYO/OSAKA (Reuters) -Japanese Finance Minister Shunichi Suzuki said authorities stood ready to respond to…
London Aluminium Hits 18-month Low On Demand Concerns
By Mai Nguyen (Reuters) -London aluminium prices dropped to their lowest in more than 18 months on Monday, as concerns…
Volkswagen’s PowerCo And Umicore Form Joint Venture On Precursor And Cathode Material For Batteries
(Reuters) – Volkswagen’s battery unit PowerCo has formed a joint venture with Belgium’s Umicore for the production of precursor and…
Sterling Plunges To All-time Low In Scathing Appraisal Of Fiscal Plan
By Kevin Buckland TOKYO (Reuters) -Sterling tumbled nearly 5% to an all-time low on Monday as investors ran for the…
McDonald’s Hikes Prices In Japan On Higher Input Costs, Weaker Yen
TOKYO (Reuters) -Japan’s McDonald’s fast food restaurants will raise prices on about 60% of its offerings to customers, fuelled by…
Sterling Plunges To All-time Low As Fiscal Plan Spurs Investor Exodus
By Kevin Buckland TOKYO (Reuters) – Sterling tumbled to a record low on Monday as traders scampered for the exits…