By Zaheer Kachwala and Marie Mannes (Reuters) -Polestar’s chief executive said on Friday the company is conducting a strategic review […]
US Treasury calls for new IMF, World Bank steps to ease liquidity strains
By David Lawder WASHINGTON (Reuters) -The U.S. Treasury’s top economic diplomat on Friday called on the International Monetary Fund and […]
Nippon Steel to sell Calvert JV to ArcelorMittal if U.S. Steel deal completed
By Kantaro Komiya and Katya Golubkova TOKYO (Reuters) -Nippon Steel said on Friday it will sell its entire 50% stake […]
Brembo buys suspension maker Ohlins Racing for $405 million
MILAN (Reuters) – Italy’s Brembo said on Friday it had agreed to buy suspension technology manufacturer Ohlins Racing for $405 […]
Exclusive-Germany working to thwart UniCredit’s bid for Commerzbank, sources say
By John O’Donnell and Francesco Canepa LONDON/FRANKFURT (Reuters) -Germany is working to frustrate a possible takeover of one of its […]
US producer prices flat; higher monthly core inflation expected in September
By Lucia Mutikani WASHINGTON (Reuters) -U.S. producer prices were unchanged in September as a small rise in the cost of […]
ByteDance’s TikTok cuts hundreds of jobs in shift towards AI content moderation
By Rozanna Latiff KUALA LUMPUR (Reuters) -Social media platform TikTok is laying off hundreds of employees from its global workforce, […]
Mattel recalls Fisher-Price Snuga infant swings on suffocation risks after five deaths
(Reuters) – Mattel is recalling all models of its Fisher-Price Snuga infant swings after five deaths were reported from suffocation […]
Analysis-Rio Tinto’s real prize: Arcadium’s lithium extraction technology
By Ernest Scheyder and Clara Denina (Reuters) -Rio Tinto’s $6.7 billion buyout of Arcadium will give it a suite of […]
Faster move to neutral rate could help Bank of Canada fend off below-target inflation
By Fergal Smith TORONTO (Reuters) -The Bank of Canada is likely to lower interest rates to a neutral setting that […]