By Nick Carey LONDON (Reuters) -BMW remains on course to meet its profit targets for 2021 despite rising raw material […]
U.S. wholesale inventories rise solidly in March
WASHINGTON (Reuters) – U.S. wholesale inventories rose sightly less than initially estimated in March as sales surged amid robust demand. […]
Europe’s consumers face rising prices but the ECB is unfazed
By Mark John LONDON (Reuters) -Europe’s consumers will feel the hit from price rises this year as companies seek to […]
Amazon pauses annual Prime Day sale in India due to COVID-19
BENGALURU (Reuters) – Amazon.com Inc has paused its annual Prime Day sale in India, a company spokeswoman said on Friday, […]
Greensill UK administrators say $3.7 billion in AUM collected so far
LONDON (Reuters) -Administrators to collapsed firm Greensill Capital’s UK business said it had $17.7 billion in assets under management at […]
Canada’s Lion Electric says it will build new plant in Illinois, create 750 jobs
By Tina Bellon (Reuters) – Canadian electric vehicle company Lion Electric on Friday said it had selected Illinois as the […]
AIG says it will use IPO to sell life and retirement unit; ‘pivots’ to growth
By Alwyn Scott NEW YORK (Reuters) -American International Group INC has decided to use an IPO to sell a 19.9% […]
Analysis-Indian airlines risk consolidation, plane repossessions amid COVID-19 surge
By Aditi Shah and Jamie Freed NEW DELHI (Reuters) -India’s airlines are under renewed pressure to raise cash or face […]
Cigna raises 2021 profit forecast as health services unit powers growth
By Manojna Maddipatla (Reuters) – U.S. health insurer Cigna Corp on Friday raised its full-year profit and revenue targets after […]
Top union sets sights on works council at Tesla’s German gigafactory
By Ilona Wissenbach and Jan Schwartz FRANKFURT (Reuters) – Germany’s largest and most powerful union IG Metall has set its […]