Gas-guzzling German carmakers face uphill struggle to go green

As Germany speeds up investment in renewables, the energy consumption of its carmakers reveals just how reliant the country's most important industry is on fossil fuels, a Reuters analysis of environmental data shows.

newspaper

29-04-2022

Reckitt price hikes drive better than expected sales growth

LONDON (Reuters) -Reckitt Benckiser Group beat first-quarter sales expectations on Friday, having increased prices to offset soaring raw material costs and flat volumes.

newspaper

29-04-2022

French economy stalls in first quarter, inflation hits new record

PARIS (Reuters) -France's economic growth unexpectedly flatlined in the first quarter as consumer spending dropped in the face of record high inflation, official data showed on Friday, putting pressure on President Emmanuel Macron ahead of legislative elections.

newspaper

29-04-2022

Earnings, Prosus lift European stocks at end of choppy April

European shares rose on Friday as strong earnings reports and a rally in mining and technology stocks boosted risk appetite at the end of a volatile month dominated by concerns about slowing global growth.

newspaper

29-04-2022

Large Generali shareholder vote seen boosting CEO's chances

Generali shareholders representing 70.7% of the Italian insurer's capital registered to vote at Friday's annual general meeting in a move that is expected to favour the reappointment of Chief Executive Philippe Donnet.

newspaper

29-04-2022

Tesla recalls another batch of Model 3 cars in China, the second in April

SHANGHAI (Reuters) -Tesla Inc is recalling 14,684 imported and locally made Model 3 cars in China on problems with software that could lead to collisions, the country's market regulator said, the second batch of recalls for the U.S. car maker in April.

newspaper

29-04-2022

French April inflation higher than expected at record 5.4%

French inflation rose unexpectedly in April to hit a record high driven by surging energy prices, preliminary EU-harmonised data showed on Friday, putting fresh pressure on newly re-elected President Emmanuel Macron.

newspaper

29-04-2022

Shanghai factories scramble to reopen as COVID lockdown lingers

Companies reopening factories in locked-down Shanghai are booking hotel rooms to house workers and turning vacant workshops into on-site isolation facilities as authorities urge them to resume work while complying with tough COVID-19 curbs.

newspaper

29-04-2022

China regulator says Tesla recalls 14,684 imported and locally-made Model 3s

Tesla Inc is recalling 14,684 imported and locally-made Model 3 cars in China on software issues that could lead to collisions, the country's market regulator said on Friday.

newspaper

29-04-2022