Breadcrumb Trail Links PMN Business Author of the article: Reuters Anna Ringstrom and Marie Mannes Published Jan 29, 2023 • 2 minute read Join the conversation Article content STOCKHOLM — IKEA is using more wood from Sweden and the Baltics to make up for not sourcing it from Russia and Belarus which the company has […]
Breadcrumb Trail Links PMN Economy PMN Business Article content NEW DELHI — Gautam Adani faces a critical day on Monday with his flagship company’s $2.5 billion share sale’s second day of bidding overshadowed by a $48 billion rout in the Indian billionaire’s stocks which was sparked by a U.S. short seller’s report. Seven listed companies […]
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Aditya Kalra and Aditi Shah and Jayshree P Upadhyay Published Jan 29, 2023 • 2 minute read Join the conversation Article content NEW DELHI — India’s Adani Group issued a detailed response on Sunday to a Hindenburg Research report that sparked a $48 […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Michael Liedtke Published Jan 29, 2023 • 5 minute read Join the conversation Article content SAN FRANCISCO (AP) — Elon Musk’s enigmatic personality and unconventional tactics are emerging as key exhibits in a trial revolving around one of his most polarizing pursuits — […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Michael Liedtke Published Jan 28, 2023 • 3 minute read Join the conversation Article content Federal prosecutors are trying to prohibit FTX founder Sam Bankman-Fried from privately contacting current and former employees of the bankrupt cryptocurrency exchange to prevent potential witness tampering in […]
Article content DUESSELDORF — German arms maker Rheinmetall had a record year in 2022 and is approaching an order backlog of 30 billion euros, CEO Armin Papperger told Reuters in an interview. “In 2022, we had a very good year, a record year,” he said, saying that the fourth quarter would even beat good third […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Gavin Jones Published Jan 28, 2023 • 2 minute read Join the conversation Article content ROME/TRIPOLI — Italian energy company Eni and Libya’s National Oil Corporation (NOC) signed an $8 billion gas production deal on Saturday aimed at boosting energy supplies to Europe despite the […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Mrinmay Dey and James Davey Published Jan 28, 2023 • 2 minute read Join the conversation Article content LONDON — British regional airline Flybe on Saturday ceased trading for the second time in three years, with all flights canceled and 276 workers made redundant. A […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Silvia Aloisi and Mimosa Spencer Published Jan 28, 2023 • 3 minute read Join the conversation Article content PARIS — French luxury goods group Kering has appointed Sabato De Sarno, a senior fashion designer at Valentino, as creative director of its top brand Gucci, it […]
Article content (New throughout, adds details and comments) By Nandita Bose, David Shepardson and Raphael Satter Article content WASHINGTON, Jan 27 (Reuters) – Tesla Chief Executive Elon Musk met two top officials in President Joe Biden’s administration on Friday in Washington to discuss how the car maker and the Democratic president could work together to […]