(Reuters) – Nikola Corp said on Thursday it signed a letter of intent with port trucking firm Total Transportation Services […]
ArcelorMittal reports best start to a year for a decade
By Marine Strauss BRUSSELS (Reuters) -ArcelorMittal, the world’s largest steelmaker, reported higher than expected first-quarter earnings on Thursday after what […]
Renault hoping to make more money from its Arkana model
PARIS (Reuters) – French carmaker Renault said on Thursday it was hoping to make more money from its Arkana model, […]
North American companies buying more robots to keep up with demand
By Timothy Aeppel (Reuters) – North American companies boosted spending on industrial robots in the first quarter as they scrambled […]
ECB to inspect loans to shadow banks after Greensill, Archegos fiascos
By Balazs Koranyi, Francesco Canepa and Frank Siebelt FRANKFURT (Reuters) – The European Central Bank will take a closer look […]
Ray-Ban maker EssilorLuxottica lifts quarterly sales with China, U.S. help
(Reuters) – EssilorLuxottica posted a 14.3% rise in first-quarter sales on Thursday powered by a strong rebound in China and […]
Under watchdog scrutiny, Credit Suisse caps assets and leverage
ZURICH (Reuters) – Credit Suisse will keep limits on its risk-weighted assets (RWA) and leverage while it remains under regulatory […]
Explainer: COVID-19 vaccine patent waiver talks could still take months
By Philip Blenkinsop BRUSSELS (Reuters) – President Joe Biden threw his support behind waiving intellectual property rights for COVID-19 vaccines […]
Rio Tinto shareholders reject executives’ pay in caves blast backlash
By Sonali Paul MELBOURNE (Reuters) -A majority of Rio Tinto’s shareholders rejected the global miner’s executive pay packages on Thursday, […]
Lufthansa unit Swiss International to cut jobs, planes and flights
ZURICH (Reuters) – Lufthansa subsidiary Swiss is cutting its fleet by 15% and its workforce by up to 780 more […]