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Stocks suffer renewed slide on growth fears, dollar extends rally
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Volkswagen CEO sees tight race with Tesla for e-car crown by 2025
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A rival sits out Lebanon’s election. Now Hezbollah could fill the void
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EU industry chief Breton to meet Musk on free speech, chips, batteries
German finance minister says risk of wage price spiral is real
Date: May 9, 2022
BERLIN (Reuters) -Germany’s finance minister warned on Monday that rising wages could further fan inflation, adding that parties involved in collective bargaining had a responsibility to help prevent that from happening and that one-off payments might be needed. German inflation hit an annual 7.8% in April, the highest in more than four decades, which is...
Exclusive-Hyundai plans U.S. EV plant, in talks with Georgia – sources
Date: May 9, 2022
By Heekyong Yang and Ben Klayman SEOUL/DETROIT (Reuters) – Hyundai Motor Co plans to build a new electric-vehicle manufacturing plant in the United States and has held discussions with officials in Georgia, near existing plants for the Hyundai and Kia brands, people with knowledge of its plans told Reuters. Hyundai Motor confirmed an imminent plan...
COVID vaccine makers shift focus to boosters
Date: May 9, 2022
By Michael Erman and Manas Mishra (Reuters) – COVID-19 vaccine makers are shifting gears and planning for a smaller, more competitive booster shot market after delivering as many doses as fast as they could over the last 18 months. Executives at the biggest COVID vaccine makers including Pfizer Inc and Moderna Inc said they believe...
Oil prices fall, weighed down by dollar, China lockdowns
Date: May 9, 2022
By Shadia Nasralla LONDON (Reuters) – Oil prices slipped on Monday alongside equities and weighed down by a strong dollar and demand concerns on the back of continued coronavirus lockdowns in China, the world top oil importer. Brent crude fell $2.27, or 2%, to $110.12 a barrel by 1222 GMT. U.S. West Texas Intermediate crude...
Ukrainians report fierce fighting as Russia marks Soviet WW2 victory
Date: May 9, 2022
By Alessandra Prentice ZAPORIZHZHIA, Ukraine (Reuters) – Russian President Vladimir Putin told his armed forces they were fighting for their country at a parade of Russian firepower in Moscow while his troops stepped up their 10-week-old assault on Ukraine. Ukrainian officials said heavy fighting was underway in eastern Ukraine and warned people to take cover...
Comer, Bean, Macfadyen win at Britain’s BAFTA TV awards
Date: May 9, 2022
LONDON (Reuters) – Actors Jodie Comer, Sean Bean and Matthew Macfadyen were among the winners at the British Academy Television Awards in London on Sunday night. Bean won the leading actor prize for prison drama “Time”, which also scooped the award for mini-series. Comer, who rose to fame playing an assassin in “Killing Eve”, won...