Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Swedish court rules against Tesla in dispute with postal service over deliveries
STOCKHOLM (Reuters) - Tesla lost a legal battle with Sweden's postal service on Thursday as a fight with Nordic trade unions escalates. A Swedish court said PostNord does not for the time being need t...
Dec 07, 2023
EU stats office in talks with Hungary over inflation calculations
By Gergely Szakacs BUDAPEST (Reuters) - The EU's statistics agency said on Thursday it was in talks with Hungary's main data body over how energy inflation was calculated, days after two local economi...
Dec 07, 2023
BNP Paribas expects 75 bps rate cut from ECB next year
(Reuters) - BNP Paribas expects the European Central Bank (ECB) to deliver its first interest rate cut in April 2024 and a "gradual pace of cuts" through the year, citing weak economic activity and ea...
Dec 07, 2023
BAWAG is lead bidder for Barclaycard Germany -sources
By Pablo Mayo Cerqueiro, Emma-Victoria Farr and Amy-Jo Crowley LONDON/FRANKFURT (Reuters) - Austria's BAWAG Group is the leading bidder for Barclays' German consumer finance business, three people clo...
Dec 07, 2023
BASF gives agriculture, battery units more autonomy but no plan to split
By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) - BASF plans to turn its agriculture, battery materials and coatings businesses into autonomous units to try to boost earnings, a major revamp f...
Dec 07, 2023
More than 1,000 VW workers in Tennessee sign union representation cards – UAW
By David Shepardson WASHINGTON (Reuters) - The United Auto Workers union said on Thursday that more than 1,000 factory workers at Volkswagen AG's Chattanooga, Tennessee assembly plant have signed unio...
Dec 07, 2023
EU watchdog tells top credit raters to tighten internal controls
LONDON (Reuters) - The European Union's securities watchdog said on Thursday it had ordered top rating agencies to take action to ensure that their ratings of collateralised loan obligations (CLOs) ar...
Dec 07, 2023
UBS moves to merge parent banks
ZURICH (Reuters) -UBS has formally begun the integration of Credit Suisse's parent bank, the Swiss bank said, marking a key next step in what is the first merger of two global systemically important b...
Dec 07, 2023
Tata Motors lobbies India not to lower EV import taxes as Tesla looms-sources
By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) - Tata Motors is pressing Indian officials not to lower import taxes of 100% on electric vehicles and to protect domestic industry and its investors,...
Dec 07, 2023
GM hydrogen unit to supply fuel cells for Autocar’s heavy vehicles
By Nick Carey (Reuters) - General Motors' and Autocar Industries have agreed to jointly develop hydrogen-powered heavy vehicles powered by the No.1 U.S. automaker's fuel cell unit Hydrotec, the two co...
Dec 07, 2023
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