BASF To Cut Costs, Jobs In Europe, Takes Writedown On Nord Stream 1
By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) – BASF is to reduce annual costs by 500 million euros ($485…
US producer price inflation eases to still-high 8.5%
WASHINGTON (AP) — Inflation at the wholesale level rose 8.5% in September from a year earlier, the third straight decline…
Blackstone Invests $500 Million In Resolution Life As Part Of Asset Management Deal
(Reuters) -Blackstone Inc signed a partnership deal to manage certain investments for Resolution Life and has agreed to invest $500…
United Airlines starts early on summer 2023 plans for Europe
DALLAS (AP) — Buoyed by full planes across the Atlantic this summer, United Airlines is planning another increase in its…
German government: Economy to shrink in 2023 as war bites
BERLIN (AP) — The German government on Wednesday slashed its growth forecast for this year and predicted that Europe’s biggest…
Senior German state official quits over 2021 flood response
BERLIN (AP) — A senior German state official announced his resignation Wednesday amid questions over his management of deadly floods…
Putin says Russia could increase gas supplies to Europe
MOSCOW (AP) — Russian President Vladimir Putin said Wednesday that Moscow is ready to resume gas supplies to Europe via…
Legal Challenges Could Hamper U.S. Rule To Limit Independent Contracting
By Daniel Wiessner (Reuters) – Business groups will almost certainly file lawsuits in an attempt to delay or derail a…
China’s BYD Wins Five-star European Safety Rating For Electric SUV
By Nick Carey LONDON (Reuters) – BYD on Wednesday received a coveted five-star Euro NCAP safety rating for its electric…
Oil Steady On Tight Supply, But Dollar Weighs
By Noah Browning (Reuters) -Oil futures recouped some losses on Wednesday, recovering from a 2% slide in the previous session,…