TOKYO (Reuters) -Toyota Motor Corp on Monday said it could produce as many as 10.6 million vehicles this year, while warning of downward risk to its projection from the possible impact of issues such[...]
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January 16, 2023
Taiwan chipmaker UMC imposes strict cost controls over weak demand
TAIPEI (Reuters) – Taiwanese chipmaker United Microelectronics Corp (UMC) said on Monday it was implementing strict cost controls because of soft demand and a weak outlook, in a further sign of[...]
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Tesla under fire in Germany over union concerns on working hours, contracts
BERLIN (Reuters) – Tesla has come under fire from German union IG Metall and politicians over allegations by workers of unreasonable working hours and fears over speaking out at its Brandenburg[...]
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Italy’s Eni, Esso offices raided in antitrust probe over fuel price breaches
MILAN (Reuters) – Italy’s antitrust authority said on Monday the offices of several oil companies, including Italy’s Eni and Exxon Mobil Corp’s ESSO Italiana unit, have been se[...]
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Volkswagen relishes competition in Chinese EV market
By Victoria Waldersee and Jan Schwartz BERLIN (Reuters) -Volkswagen wants to expand both its higher-end and lower-end offering in the Chinese market, China chief Ralf Brandstaetter said on Monday, cal[...]
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Kuroda to attend Davos, depart shortly after closely-watched BOJ meeting
TOKYO (Reuters) – Bank of Japan (BOJ) Governor Haruhiko Kuroda will travel to Davos and attend a panel at the annual World Economic Forum meeting on Friday, the central bank said on Monday. Kuro[...]
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EU’s record recovery fund at risk as countries struggle to meet deadline
By Belén Carreño, Robert Muller and Sergio Goncalves MADRID/PRAGUE/LISBON (Reuters) – The risk that European Union governments will not be able to spend the largest aid package in its history is[...]
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Global jobs growth will halve in challenging 2023: ILO
LONDON (Reuters) – Global employment growth is expected to slow down sharply to 1% this year compared to 2% in 2022, hit by the economic fallout of the war in Ukraine, high inflation and tighter[...]
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German wholesale prices rise in December but at slower pace
BERLIN (Reuters) – Germany’s wholesale price index rose in December compared with the same month last year although at a slower pace than in previous months, according to data released on[...]
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