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Indonesia’s palm oil export ban seen short-lived on limited storage
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Ford juices production of Lightning F-150 electric truck to meet demand
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UBS holds $22 billion for Russians subject to Swiss and EU scrutiny
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BMW, Audi suspend shipments by train to China due to Ukraine war
Spain’s King Felipe says his wealth is worth 2.6 million euros in transparency effort
Date: April 26, 2022
MADRID (Reuters) – Spain’s King Felipe VI has disclosed that his wealth is worth about 2.6 million euros ($2.8 million) in a move to make the Royal House more transparent and end the opaqueness that prevailed during the reign of his father Juan Carlos. The king’s assets include just under 2.3 million euros in checking...
Primark to raise prices as cost pressures mount
Date: April 26, 2022
By James Davey LONDON (Reuters) -Budget fashion chain Primark will raise prices as it battles severe inflationary pressures, its parent Associated British Foods said on Tuesday, as it also warned on the margin outlook at its food businesses, sending shares lower. The group said Primark has been unable to fully offset the cost pressures it...
TAG OUTREACH PROMPTED REDUCTION IN AD SPEND BY MOST BRANDS ADVERTISING ON EUROPEAN PIRATE SITES
Date: April 26, 2022
79% of European Advertisers Reduced Ad Impressions on Pirate Sites Following Communication by TAG’s Project Brand Integrity Washington, DC & London, UK – 26 April 2022 – The Trustworthy Accountability Group (TAG), an advertising industry self-regulatory organisation aimed at fighting criminal activity and strengthening brand safety in the digital advertising supply chain, today released the first annual...
Volta Trucks unveils two smaller truck models for urban markets
Date: April 26, 2022
By Nick Carey LONDON (Reuters) – Commercial electric vehicle (EV) startup Volta Trucks on Tuesday unveiled two smaller zero-emission truck models that will start production in 2025, opening more options for urban deliveries and in EU markets with restrictions for Sunday operations. Stockholm-based Volta Trucks, which also operates in the UK, said it would launch...
Norway seeks solution to looming EU tax on car batteries
Date: April 26, 2022
By Nora Buli OSLO (Reuters) – Norway is hoping that access to key raw materials for battery production could be one bargaining chip as it seeks to avoid a customs tax for battery exports to the European Union, government ministers told Reuters. Under a trading agreement signed between Britain and the European Union in the...
Orange’s quarterly sales boosted by Africa and Middle East
Date: April 26, 2022
By Mathieu Rosemain PARIS (Reuters) -Orange, France’s biggest telecoms operator, said high growth in its Africa and Middle East operations offset declines in revenue in its home market and Spain in the first quarter. Chief Executive Christel Heydemann, who succeeded Stephane Richard on April 4, is taking over the former monopoly as it struggles to...