SHANGHAI (Reuters) – Dozens of Telsa owners protested at a delivery centre in Shanghai on Tuesday, vowing to raise pressure on the electric car maker after it declined to offer them rebates on p[...]
Read more
January 10, 2023
German premium car brands handled supply chain woes better than VW
By Victoria Waldersee BERLIN (Reuters) – Premium brands BMW, Mercedes-Benz and Audi navigated last year’s automotive supply chain challenges better than the mass-market Volkswagen brand, c[...]
Read more
BMW sales recover in fourth quarter as supply chain issues ease
By Victoria Waldersee BERLIN (Reuters) – BMW fourth-quarter group sales rose 10.6%, the carmaker said on Tuesday, helped by easing supply chain bottlenecks in a year that has been plagued by war[...]
Read more
LME to decide nickel reforms by end of first quarter
By Pratima Desai and Eric Onstad LONDON (Reuters) -The London Metal Exchange (LME) said on Tuesday it will set out by end-March how it will implement recommendations to prevent market distortions and[...]
Read more
G7 seeks two price caps for Russian oil products
By Jan Strupczewski BRUSSELS (Reuters) – The Group of Seven (G7) coalition will seek to set two price caps on Russian refined products in February, one for products trading at a premium to crude[...]
Read more
Abbvie raises sales outlook of two immunology drugs to more than $17.5 billion in 2025
(Reuters) -AbbVie Inc on Tuesday raised its 2025 sales forecast of its newer immunology drugs Skyrizi and Rinvoq to more than $17.5 billion as it hopes to replace the loss of revenue from its blockbus[...]
Read more
JPMorgan’s Dimon says U.S. consumer health in good shape – report
(Reuters) – JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said the American consumer was still strong in the face of heightened economic uncertainties, in an interview with Fox Bus[...]
Read more
Analysis-Central Europe’s path to lower inflation strewn with hazards
By Luiza Ilie and Gergely Szakacs BUCHAREST (Reuters) – Romania’s 25 basis point rate hike on Tuesday may signal an end to Central Europe’s aggressive 18-month campaign of monetary t[...]
Read more
Bumper green aluminium output is good news for carmakers, and climate
(This Dec. 17 story has been corrected to change the data in graphic “Abundant Supplies of Green Aluminium”) By Eric Onstad LONDON (Reuters) – Aluminium makers are set to boost low-c[...]
Read more