Notizia

BERLIN (Reuters) -Prosecutors in Germany, Italy and Hungary have conducted searches related to the use of illegal defeat devices that provide rigged emissions readings to comply with European Union regulations in Suzuki diesel vehicles.

Elevator-maker Kone posted weaker-than-expected first-quarter core earnings on Wednesday and trimmed its full-year outlook, hit by supply chain constraints and a decline in its China business even as overall order intake increased.

Singapore's Sembcorp Marine (Sembmarine) has agreed to a multi-billion dollar merger with Keppel Corp's larger offshore and marine unit, a year after the Temasek-backed firms began deal talks to cope with an industry downturn.

STOCKHOLM (Reuters) -Swedish banks SEB and Handelsbanken both delivered better-than-expected quarterly profit gains on Wednesday to send their shares higher even as the war in Ukraine and surging inflation began redrawing the economic outlook.

Cryptocurrency companies said they remain unsure of U.S. regulations governing products that allow customers to earn interest on holdings instead of trading them, months after such an interest-bearing product drew a $100 million fine from a federal regulator and state governments.

With inflation running at its highest levels in four decades, Utah business owner Steve Allred is concerned about the declining purchasing power of the U.S. dollar.

Elevator-maker Kone posted weaker-than-expected first-quarter core earnings on Wednesday, burdened by supply chain constraints and a decline in its China business, and trimmed its full-year sales and earnings outlook.

Uniper sees Russian gas flows into Germany as secure for now despite a halt in supplies to Poland and Bulgaria as transit volumes headed elsewhere would be unaffected, Germany's top importer of Russian gas said on Wednesday.

Mercedes-Benz expects strong demand for high-end cars to allow it to offset rising raw material and transport costs with higher prices, forecasting a pick-up in deliveries once chip shortages ease.