Toyota mobility tech unit CEO Kuffner to leave post
(Reuters) – James Kuffner, the chief executive of Toyota Motor (NYSE:TM)’s autonomous driving technology unit Woven by Toyota, will step…
With Indian rupee near record low, cenbank steps up NDF intervention
(Reuters) – The Reserve Bank of India has been frequently intervening in the non-deliverable forward (NDF) market to make sure…
UAW makes contract counteroffer to Ford; Stellantis to make offer
(Reuters) -The United Auto Workers (UAW) union on Wednesday made a labor contract counterproposal on economic issues to Ford Motor…
Nestle buys majority stake in Brazilian premium chocolate maker
(Reuters) – Nestle is buying a majority stake in Brazilian premium chocolate maker Grupo CRM, the Swiss food group said…
Germany’s wind power expansion stalls on the roads
(Reuters) – Germany’s wind power expansion is facing an unexpected roadblock: builders need permits to transport the heavy turbines down…
European stocks weaken; German industrial production falls further
European stock markets weakened Thursday, with sentiment hit by fresh signs of slowing growth, both locally and in China, as…
U.S. airlines flag high fuel costs, Southwest’s August bookings disappoint
(Reuters) – Southwest Airlines on Wednesday flagged softer August leisure bookings and joined two other U.S. airlines in warning of…
China bans government officials from using iPhones for work – WSJ
(Reuters) – China ordered officials at central government agencies not to use Apple (NASDAQ:AAPL)’s iPhones and other foreign-branded devices for…
Morgan Stanley still cautious on First Solar despite earnings profile being de-risked
Morgan Staley analysts raised First Solar (NASDAQ:FSLR) to Equal Weight from Underweight in a note Wednesday, with a price target…
Oil prices steady as markets shuffle back from supply jitters
(Reuters) -Oil prices held steady on Wednesday after rising over 1% in the previous session, on a stronger dollar and…