By Luc Cohen NEW YORK (Reuters) -Deutsche Bank on Friday won final approval from a U.S. judge for a $75 million settlement it reached with victims of Jeffrey Epstein who had accused the German company[...]
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October 20, 2023
UAW workers at ZF plant in Alabama ratify labor deal, end strike
By David Shepardson (Reuters) -United Auto Workers union members who went on strike at Mercedes-supplier ZF’s plant in Alabama last month demanding higher pay and better healthcare benefits ende[...]
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Miners race to realise graphite projects as China controls exports
By Nelson Banya and Clara Denina (Reuters) – As China moved to control some exports of key battery mineral graphite on Friday, miners elsewhere face a race against time to bring new projects to[...]
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Dollar hits 150 yen then dips on intervention jitters
By Karen Brettell and Amanda Cooper NEW YORK/LONDON (Reuters) – The dollar touched the closely watched 150 level against the yen on Friday, before falling back again, as investors positioned for[...]
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Dip buyers flock to Tesla Bull ETF amid stock selloff
By Bansari Mayur Kamdar (Reuters) – Investors piled into a leveraged exchange traded fund that bet on upside in Tesla’s shares as the company’s stock price sank following a weaker-th[...]
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China, world’s top graphite producer, tightens exports of key battery material
By Siyi Liu and Dominique Patton BEIJING (Reuters) -China said on Friday it will require export permits for some graphite products to protect national security, springing a surprise with another bid t[...]
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Italy picks UBS, Jefferies, Clifford Chance for MPS privatisation
By Giuseppe Fonte ROME (Reuters) – Italy’s Treasury said on Friday it had picked UBS , Jefferies and Clifford Chance as financial and legal advisers for the privatisation of bailed-out ban[...]
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Volkswagen cuts profit outlook on hit from raw material hedges
By Christoph Steitz and Ilona Wissenbach FRANKFURT (Reuters) -Volkswagen cut its profit margin outlook for the current year on Friday, blaming negative effects from raw materials hedges at the end of[...]
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Louis Dreyfus to build Ohio soy crush plant, add to processing boom
PARIS (Reuters) – Louis Dreyfus Company will build a soybean-processing plant in Ohio, the global crop merchant said on Friday, adding to a booming expansion of oilseed crushing in North America[...]
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