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Record share of UK manufacturers raise prices, CBI survey shows
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Analysis-China Eastern faces more losses, regulatory scrutiny after plane crash
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German fiscal policy to stave off stagflation – Lindner
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Barclays says Ukraine crisis may hinder progress on climate goals
Russian Nobel Peace Prize winner donates medal to fund for Ukrainian refugees
Date: March 22, 2022
(Reuters) – Russian journalist Dmitry Muratov, a co-winner of last year’s Nobel Peace Prize, said on Tuesday he would donate his Nobel medal to be auctioned to raise funds for Ukrainian refugees. The Novaya Gazeta newspaper, where Muratov is editor-in-chief, in early March said it would remove material on Russia’s military actions in Ukraine from...
Tesla rolls out first vehicles as German gigafactory goes live
Date: March 22, 2022
By Victoria Waldersee BERLIN (Reuters) -Tesla will on Tuesday deliver to customers the first 30 Model Y cars made at its 5 billion euro ($5.5 billion) Gruenheide plant, launching its first European production hub that is the biggest investment in a German car factory in recent history. Chief Executive Elon Musk arrived in Berlin on...
Seismic shift of “Buy Now Pay Later” for Brands
Date: March 21, 2022
By Jacqueline Mattia, Senior Director/Practice Lead, Financial Services and Travel & Hospitality at Movable Ink Despite the sudden boom of “Buy Now, Pay Later” gaining mainstream attention, this concept isn’t new. Installment plans have been offered within the financial industry for years. BNPL is a similar product with a more current label – a modernized...
Chinese Boeing jet crashes in mountains with 132 on board, no sign of survivors
Date: March 21, 2022
BEIJING (Reuters) -A China Eastern Airlines Boeing 737-800 with 132 people on board crashed in mountains in southern China on a domestic flight on Monday after a sudden descent from cruising altitude. Media said there were no signs of survivors. The airline said it deeply mourned the passengers and crew, without specifying how many people...
Google settles over firing of workers protesting immigration cloud deal
Date: March 21, 2022
By Paresh Dave and Julia Love (Reuters) -Alphabet Inc’s Google has settled with six current and former employees who had alleged the company unfairly stifled worker organizing, an abrupt ending to a trial that had been paused for several months, legal filings show. The U.S. National Labor Relations Board had pursued the case on behalf...
ECB should keep 2022 rate hike on agenda, if inflation warrants it -Nagel
Date: March 21, 2022
FRANKFURT (Reuters) – The European Central Bank should continue to normalize policy and raise interest rates, possibly as soon as this year, if the inflation outlook warrants it, Bundesbank President Joachim Nagel said on Monday. With Russia’s war in Ukraine clouding the outlook, the ECB took only a small step in unwinding stimulus earlier this...