In a statement French Interior Minister Gérald Darmanin said, Paris will provide housing and family benefits to Ukrainian refugees once the emergency lodging phase is over. France will provide displaced Ukrainian refugees the right to access aid for personal housing… Read More ›
Wells Fargo & Co reported a 21 per cent reduction in first-quarter profit, but topped Wall Street projections, as cash set aside to cover potential pandemic-related loan losses were released, cushioning a drop in mortgage lending. According to Refinitiv data, the… Read More ›
Billionaire Elon Musk, the CEO of Tesla, admitted at the TED2022 conference in Vancouver that he is “not convinced” he will be able to purchase Twitter. Hours earlier, a regulatory filing indicated that he had made a bid to buy… Read More ›
Analysts told CNBC that inflation in India has risen dramatically and that there are signals that it will continue to rise. Retail inflation jumped 6.95 per cent in March from a year ago, according to data provided by India’s Statistics… Read More ›
In a statement the Chief Technology Officer of Mercedes-Benz said, the company aims to produce electric cars consuming as little as 10 kilowatt hours of energy per 100 km (62 miles); this is more than a third more efficient than the… Read More ›
In a statement Australian Foreign Minister Marise Payn said, Canberra has imposed targeted financial sanctions on 14 Russian state-owned enterprises, including defence-related entities such as Kamaz, a truckmaker, and shipping companies SEVMASH and United Shipbuilding Corp. It has also extended… Read More ›
As Russia’s invasion of Ukraine causes significant disruptions in the supply chains for beauty products, European perfume and cosmetics companies are facing shortages of paper, glass, and some critical oils and alcohols, forcing prices upwards amid strong demand. The $500… Read More ›
After fuel costs skyrocketed during the first full month of the Ukraine war, the US inflation rate hit a new 40-year high in the year to March. Following a double-digit jump in energy prices, consumer prices increased by 8.5 per… Read More ›
On Tuesday, in a statement Honda Motor Co Ltd said, it plans on spend $64 billion on R&D over a span of 10 years. The development marks the Japanese giant laying out its ambitious target to roll out 30 electric vehicle… Read More ›
Wall Street closed sharply lower on Monday with rising bond yields acting as a drag on the market’s growth stocks, ahead of the launch of crucial inflation data. All three major U.S. stock indexes ended deep in negative territory, with… Read More ›
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