(Reuters) -U.S. auto safety regulators said on Friday they are investigating about 240,000 of 2018-2021 Ford EcoSport vehicles after consumer complaints alleging oil pump failure. The investigation wa[...]
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September 22, 2023
US finalizes rules to prevent China from benefiting from $52 billion in chips funding
By David Shepardson WASHINGTON (Reuters) – The U.S. Commerce Department on Friday is issuing final rules to prevent semiconductor manufacturing subsidies from being used by China and other count[...]
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Commerzbank shares fall after report on strategy review
FRANKFURT (Reuters) – Shares of Commerzbank were down 3.4% late on Friday after a German newspaper reported details of the lender’s new strategy plans to be announced in November. The boar[...]
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Mexico inflation continues slowdown in early September
(Reuters) -Mexico’s headline inflation eased in the first half of September, official data showed on Friday, with the president calling on the central bank to focus on promoting economic growth[...]
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Stellantis to invest $500 million in Rio plant
RIO DE JANEIRO (Reuters) -Stellantis will invest up to 2.5 billion reais ($508 million) in its plant in Rio de Janeiro state, its CEO for South America, Antonio Filosa, said on Friday. The announcemen[...]
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Murdoch Family Trust: The real battle over succession has yet to begin
By Helen Coster and Dawn Chmielewski NEW YORK (Reuters) -When Lachlan Murdoch, the eldest son of media titan Rupert Murdoch, was named the sole chairman of News Corp and Fox Corp on Thursday, the anno[...]
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Explainer-UAW expands strikes against GM, Stellantis in fight over new contract
(Reuters) – The United Auto Workers (UAW) union on Friday expanded its coordinated U.S. strike against General Motors Co and Stellantis, but said it had made real progress in talks with Ford Mot[...]
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UAW strike set to hit deep into the industry’s supply base
By Timothy Aeppel (Reuters) – Jeffrey Aznavorian has already cut output about 6% at his small auto parts factory outside Detroit due to the United Auto Workers strike. But he is bracing for it t[...]
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Australia’s Rex cuts flights, blames rivals including Qantas of ‘pillaging’ pilots
By Rishav Chatterjee (Reuters) – Australian airline Regional Express on Friday suspended more flights from Sydney and accused competitors such as Qantas Airways of “pillaging” its re[...]
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