All Posts

Bosch expects sales in core mobility division to grow 10% in 2023

Bosch expects sales in core mobility division to grow 10% in 2023

FRANKFURT (Reuters) – Bosch, the world’s top automotive supplier, expects sales at its mobility business division to grow ..

Nestle divests peanut allergy business Palforzia

Nestle divests peanut allergy business Palforzia

ZURICH (Reuters) – Nestle has divested its peanut allergy treatment business Palforzia, the Swiss food company said on Monday, f..

Oil inches higher on OPEC+ supply cut expectations

Oil inches higher on OPEC+ supply cut expectations

NEW DELHI (Reuters) – Oil prices edged higher on Monday, supported by expectations that major producers will keep supplies tight..

Mercedes boss: EV costs will remain higher for foreseeable future

Mercedes boss: EV costs will remain higher for foreseeable future

MUNICH (Reuters) – The variable costs for producing electric vehicles will remain higher compared to combustion engine models f..

Czech Finance Ministry proposes 2024 state budget with $11.3 billion deficit

Czech Finance Ministry proposes 2024 state budget with $11.3 billion deficit

PRAGUE (Reuters) – The Czech Finance Ministry has proposed a 2024 central state budget with a 252 billion crown ($11.36 billion)..

Cybercrime to cost Germany 206 billion euros in 2023 -survey

Cybercrime to cost Germany 206 billion euros in 2023 -survey

BERLIN (Reuters) -The theft of IT equipment and data, as well as digital and industrial espionage and sabotage, will cost Germany 206 ..

Why is Huawei’s new smartphone generating so much buzz?

Why is Huawei’s new smartphone generating so much buzz?

SHENZHEN, China (Reuters) -The surprise launch of the latest high-end smartphone from Chinese tech giant Huawei Technologies has trigg..

UK statistics office revises up strength of post-COVID bounce back

UK statistics office revises up strength of post-COVID bounce back

LONDON (Reuters) -Britain’s statistics office has sharply revised up its estimate for the size of the economy at the end of 2021..

NatWest appoints former Nationwide CFO to its UK bank board

NatWest appoints former Nationwide CFO to its UK bank board

LONDON (Reuters) – NatWest has appointed Mark Rennison, a former Nationwide Building Society Chief Financial Officer, to the boa..

Airline SAS to boost capacity after first quarterly profit since 2019

Airline SAS to boost capacity after first quarterly profit since 2019

STOCKHOLM (Reuters) -Scandinavian airline SAS plans to ramp-up winter capacity this year, the company said on Friday as it posted its ..