WASHINGTON (Reuters) – New orders for U.S.-manufactured goods increased more than expected in October amid strong gains in demand for machinery and a range of other goods, which could allay conc[...]
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December 5, 2022
Tesla cuts output plan for Shanghai plant for Dec -sources
SHANGHAI (Reuters) -Tesla plans to cut December output of the Model Y at its Shanghai plant by more than 20% from the previous month, two people with knowledge of electric vehicle maker’s produc[...]
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Volkswagen resumes production at China plants
BERLIN (Reuters) – Volkswagen and FAW’s (SASACJ.UL) plant in Chengdu, China has resumed production after a brief halt and two lines which were suspended at the carmaker’s Chengchun p[...]
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AT&T to pay $6 million to SEC to settle lawsuit over leaks to analysts
(Reuters) – AT&T Inc. has agreed to pay a $6.25 million penalty to settle a Securities and Exchange Commission lawsuit accusing the phone company of selectively leaking financial information[...]
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Moody’s sees ‘very high’ foreign exchange risk for banks in Ukraine, Turkey
LONDON (Reuters) – Banks in countries such as Ukraine and Turkey face a “very high” risk from restrictions on capital flows, weak international reserves and a high level of foreign c[...]
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Tesla China denies media reports of output cut at Shanghai plant
SHANGHAI (Reuters) – Tesla on Monday said media reports which said its plant in Shanghai would cut December output of its Model Y were “untrue”. Reuters on Monday reported Model Y ou[...]
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Spain to lend Airbus 2.14 billion euros for miltary programmes
MADRID (Reuters) -Spain will lend Airbus 2.14 billion euros ($2.26 billion) to help the company to develop its military drone and helicopter programmes in the country, Industry Minister Reyes Maroto s[...]
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Why U.S. airline pilot wages are outpacing global rises
By Jamie Freed (Reuters) -Delta Air Lines has offered a 34% cumulative pay increase to its pilots over three years in a new contract, in a deal widely expected to become a benchmark for negotiations a[...]
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G7 price cap on Russian oil kicks in, Russia will only sell at market price
By Jan Strupczewski BRUSSELS (Reuters) – The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to limit Moscow’s ability to finance its war in Uk[...]
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