By Marianna Parraga and Matt Spetalnick HOUSTON/WASHINGTON (Reuters) – Italian oil company Eni SpA and Spain’s Repsol SA could begin shipping Venezuelan oil to Europe as soon as next month to make up for Russian crude, five people familiar with the matter said, resuming oil-for-debt swaps halted two years ago when Washington stepped up sanctions…
LONDON (Reuters) – British transport minister Grant Shapps said on Sunday the government would work hard with the aviation industry to avoid a repeat of the chaos at airports last week as passengers faced lengthy delays and cancellations of hundreds of flights. Airports across Europe have struggled to cope with a post-pandemic rebound in demand,…
PARIS (Reuters) – France’s finance minister said on Sunday he expected positive growth for 2022, but would revise economic forecasts at the start of July. “It’s clear that with the war in Ukraine, inflation, all that will put into question the forecasts, but we will have positive growth in 2022,” Bruno Le Maire told Europe…
AMSTERDAM (Reuters) – KLM, the Dutch arm of Air France-KLM, said it would not bring any further passengers on Saturday from European destinations to Amsterdam’s Schiphol Airport, its main hub. The airline, which had already cancelled dozens of flights to ease traffic pressure at the airport, said weather conditions and runway maintenance were preventing many…
(Reuters) -Tesla Inc Chief Executive Elon Musk said on Saturday that the electric vehicle maker’s total headcount will increase over the next 12 months, but the number of salaried staff should be little changed, backtracking from an email just two days ago saying that job cuts of 10% were needed. “Total headcount will increase, but…
(Reuters) – Tesla Inc Chief Executive Elon Musk said on Saturday that the electric vehicle maker’s total headcount will increase over the next 12 months, but the number of salaried staff should be little changed. “Total headcount will increase, but salaried should be fairly flat,” Musk tweeted https://twitter.com/elonmusk/status/1533176789022957568 in a reply to an unverified Twitter…
By Ben Klayman and Joseph White (Reuters) – Tesla CEO Elon Musk’s “super bad feeling” about the economy could be the auto industry’s “canary in the coal mine” moment, signaling a recession for an industry whose bosses have shown no signs of concern. Musk said the electric carmaker needed to cut about 10% of its…
BERLIN (Reuters) -Mercedes-Benz is recalling almost a million older cars from around the world due to possible problems with the brake booster, the company said on Saturday. Models of the ML, GL (BR 164) and R-Class (BR 251) series produced between 2004 and 2015 are affected, it said. Some 70,000 of them are in Germany….
(Reuters) -Russian Foreign Minister Sergei Lavrov on Saturday said Western sanctions would have no effect on the country’s oil exports and predicted a big jump in profits from energy shipments this year. “Considering the price level that has been established as a result of the West’s policies, we have suffered no budgetary losses,” the foreign…
BERLIN (Reuters) – Mercedes-Benz is recalling almost a million older cars due to possible brake problems, Germany’s dpa newswire reported on Saturday, citing the KBA motor vehicle authority. Models produced between 2004 and 2015 are affected, dpa said, and about 70,000 of them were in Germany. No one was immediately available at the KBA or…
