financial crisis

Image for Mercedes-Benz China plans to cut workforce costs by 25% by 2027, source says
Finance

Mercedes-Benz China plans to cut workforce costs by 25% by 2027, source says

(Reuters) - Mercedes-Benz and its subsidiaries plan to cut up to 15% of their workforce in China, Bl...

27th February, 2025

Image for China says Taiwan drills 'routine', as Taipei details surge in military activity
Headlines

China says Taiwan drills 'routine', as Taipei details surge in military activity

By Yimou Lee and Ben Blanchard TAIPEI (Reuters) - Taiwan's defence ministry said on Thursday reporte...

27th February, 2025

Image for Nissan CEO Uchida's future in focus as sources say management shake-up due soon
Finance

Nissan CEO Uchida's future in focus as sources say management shake-up due soon

TOKYO (Reuters) - Nissan Motor is considering replacing its CEO Makoto Uchida following a worsening...

27th February, 2025

Image for EDPR posts unexpected loss on heavy impairments in US, Colombia
Finance

EDPR posts unexpected loss on heavy impairments in US, Colombia

LISBON (Reuters) - EDP ​​​​​​Renovaveis ​​​​​​​​​​​​​​​​​​​​​​​​​, the world's fourth-largest wind p...

26th February, 2025

Image for Factbox-What is the state of Russian and U.S. diplomatic missions?
Headlines

Factbox-What is the state of Russian and U.S. diplomatic missions?

(Reuters) - Russia and the U.S. will seek to mend diplomatic ties during talks also focused on endin...

26th February, 2025

Image for German advertiser Stroeer's sale in doubt as economy falters
Finance

German advertiser Stroeer's sale in doubt as economy falters

By Amy-Jo Crowley and Emma-Victoria Farr LONDON/FRANKFURT (Reuters) - German group Stroeer's sale of...

26th February, 2025

Image for Greek PM warns against violence at train crash protests this week
Headlines

Greek PM warns against violence at train crash protests this week

ATHENS - Prime Minister Kyriakos Mitsotakis warned Greeks on Wednesday against any violence during s...

26th February, 2025

Image for Exclusive-US sanctions hold up Qatari support for Syria, sources say
Headlines

Exclusive-US sanctions hold up Qatari support for Syria, sources say

By Timour Azhari and Maya Gebeily DAMASCUS (Reuters) - Qatar is holding off providing Syria's new ru...

26th February, 2025

Image for Hollywood fights to keep its role as the world's film capital
Headlines

Hollywood fights to keep its role as the world's film capital

By Lisa Richwine LOS ANGELES (Reuters) - Behind the glitz of the movie awards season that culminates...

26th February, 2025

Image for India singles out VW in $1.4 billion tax dispute, says Kia corrected course
Headlines

India singles out VW in $1.4 billion tax dispute, says Kia corrected course

By Arpan Chaturvedi, Aditya Kalra and Aditi Shah NEW DELHI (Reuters) - Indian tax authorities have s...

26th February, 2025

Image for Romania's Hidroelectrica annual profit drops on lower production
Finance

Romania's Hidroelectrica annual profit drops on lower production

(Reuters) - Romanian state-owned power producer Hidroelectrica reported a fall of 35% in yearly net...

26th February, 2025

Image for Stellantis cautious on turnaround time as it searches for new CEO
Finance

Stellantis cautious on turnaround time as it searches for new CEO

MILAN (Reuters) - Automaker Stellantis said on Wednesday it would return to revenue growth and posit...

26th February, 2025