MEXICO CITY (Reuters) – The Bank of Mexico said on Wednesday that inflation is taking longer than initially anticipated to return to its target, in large part due to the persistence of core infl[...]
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March 1, 2023
Factbox-Tesla CEO Musk to unveil Part 3 of Master Plan at Investor Day
By Akash Sriram and Hyunjoo Jin (Reuters) – Tesla Inc Chief Executive Elon Musk has promised to unveil the third part of his Master Plan on Wednesday, in which he has set out bold goals for grow[...]
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Volkswagen’s financial services undergoing reorganization
FRANKFURT (Reuters) – Volkswagen is reorganizing its financial services holding companies, Volkswagen Bank and Volkswagen Financial Services said on Wednesday. “By bundling its activities[...]
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European shares kick off March lower as BNP Paribas slides
By Johann M Cherian, Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -A fall in the shares of the euro zone’s largest bank BNP Paribas weighed on Europe’s STOXX 600 on Wednesday, while[...]
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Czech online grocers look east and west beyond their home market
By Michael Kahn and Jason Hovet PRAGUE (Reuters) – Two Czech online grocers – one a start-up “unicorn”, the other backed by a billionaire businessman – are taking on Euro[...]
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Trump-backed SPAC Digital World to appeal Nasdaq delisting notice
(Reuters) – Digital World Acquisition Corp, a blank-check firm that is to merge with former U.S. President Donald Trump’s social media platform, said on Wednesday it will file an appeal ag[...]
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Lovin’ it! Russians give Big Mac replacement the thumbs up
MOSCOW (Reuters) – The signature sauce has changed and the ingredients have been tweaked, but the “Big Hit”, which went on sale in Russia this week, is a tasty alternative to the McD[...]
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HSBC activist shareholder demands AGM vote on Asia business spin-off
By Selena Li and Sinead Cruise HONG KONG/LONDON (Reuters) – HSBC’s most vocal minority investors are demanding a vote at the global lender’s 2023 shareholder meeting in May on whethe[...]
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US manufacturing sector contracts again; raw material prices rise
By Lucia Mutikani WASHINGTON (Reuters) -U.S. manufacturing contracted for a fourth straight month in February, but there were signs that factory activity was starting to stabilize, with a measure of n[...]
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