Panasonic needs four more EV battery plants, executive says
OSAKA, Japan (Reuters) -The battery arm of Japan’s Panasonic will need to build four more factories to reach its target for a sh..
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UK year-ahead inflation expectations rise to 5%: Citi/YouGov
LONDON (Reuters) -The British public’s expectations for inflation over the coming year rose in June but long-run expectations ea..
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Apple makes history as first $3 trillion company amid tech stock surge
(Reuters) – Apple Inc became the first company in the world to reach a market value of $3 trillion, buoyed by hopes over its exp..
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Australia’s United Malt agrees to $1 billion takeover offer from France’s InVivo
(Reuters) -United Malt Group Ltd said on Monday it agreed to a A$1.5 billion ($999 million) takeover offer from Malteries Soufflet, a ..
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Hong Kong May retail sales rise 18.4%, sixth month of growth
HONG KONG (Reuters) – Hong Kong’s May retail sales rose 18.4% from a year earlier thanks to the revival of inbound tourism..
Industries
UK car output jumps 27% in May from year earlier on steady EV demand
(Reuters) – Britain’s car production rose for a fourth straight month in May, driven by higher demand for electric vehicle..
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Volkswagen in talks with Tesla to adopt its charging standard
(Reuters) -Volkswagen is in talks with Tesla to adopt its North American Charging Standard (NACS) technology, while the German automak..
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AutoStore to appeal London high court loss to Ocado in patent feud
LONDON (Reuters) – Norwegian robotics firm AutoStore said on Thursday it will appeal a London high court judgement in March whic..
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Credit Suisse appoints investment banking management committee -memo
NEW YORK (Reuters) – Credit Suisse Group AG on Thursday appointed an investment banking management committee to oversee its inte..
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Catalonia cracks down on booming marijuana industry
BARCELONA (Reuters) – Heavily-armed police officers arrived in a well-to-do Barcelona suburb before dawn to raid a two-storey ho..
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