Tesla investor sues Musk, board over accusation of workplace discrimination

A Tesla Inc shareholder sued the electric car maker, Chief Executive Elon Musk and its board, accusing them of neglecting to tackle complaints about workplace discrimination and harassment, and engendering a "toxic workplace culture."

newspaper

17-06-2022

Takeda, Nintendo among Japanese firms quietly celebrating weak yen

Japan's yen is at its weakest in decades and inflicting high costs of imported food and fuel on households and businesses, but also proving to be an unexpected tailwind for multinationals such as pharmaceutical giant Takeda.

newspaper

17-06-2022

U.S. pressures Iran by targeting Chinese, UAE companies

WASHINGTON (Reuters) -The United States imposed sanctions on Thursday on Chinese and Emirati companies and on a network of Iranian firms that help export Iran's petrochemicals, a step that may raise pressure on Tehran to revive the 2015 Iran nuclear deal.

newspaper

17-06-2022

BOJ maintains ultra-low rates, warns it is closely watching yen moves

The Bank of Japan maintained ultra-low interest rates on Friday and its guidance to keep borrowing costs at "present or lower" levels, signaling its resolve to focus on supporting the economy's recovery from the COVID-19 pandemic.

newspaper

17-06-2022

Japan's Kanda reappointed as top FX diplomat amid markets jitters

TOKYO (Reuters) -Japan has reappointed Masato Kanda as vice finance minister for international affairs, the country's top currency diplomat, as part of a mid-year personnel reshuffle, the Ministry of Finance said on Friday.

newspaper

17-06-2022

BOJ to maintain ultra-low rates, sound warning over weak yen

The Bank of Japan is likely to maintain ultra-low interest rates on Friday and stress its resolve to support a fragile economy with massive stimulus, a move that may further weaken the yen by highlighting a policy divergence with the rest of the world.

newspaper

16-06-2022

VW U.S. chief warns of industry challenges with EV battery shift

Volkswagen AG's top U.S. executive said on Thursday the United States faces major challenges in ramping up battery production to facilitate a shift to electric vehicles including attracting skilled workers, mining for key metals and supply chain issues.

newspaper

16-06-2022

As fuel prices surge, RV drivers take shorter trips, get vehicles delivered

Recreational vehicle renters in the U.S. are planning trips closer to home or having fuel-gulping motor homes delivered to their final destination in an effort to cut down on fuel costs as travel remains a top priority even during record inflation.

newspaper

16-06-2022

Amsterdam's Schiphol airport limits number of summer passengers

AMSTERDAM (Reuters) -Amsterdam's Schiphol Airport on Thursday set a cap on the number of passengers it will handle during the summer travel season, citing labour shortages.

newspaper

16-06-2022