New money: Central banks lay out operating manual for digital cash
A group of central banks sketched out a potential operating manual for digital cash on Thursday as they aim to strike a balance between keeping
Category: Business
GM expects renewable energy-powered U.S. sites by 2025, ahead of plan
No.1 U.S. automaker General Motors Co (GM.N) said on Thursday it plans to have its sites in the United States run on renewable energy by
Stellantis curbs Melfi output as chip crisis cuts car production
Stellantis (STLA.MI) will operate its largest Italian facility for an equivalent of only six days in October, the UILM union said on Thursday, as a
Traton’s MAN targets profit margin boost in e-truck overhaul -CEO
German truckmaker MAN, owned by Volkswagen’s (VOWG_p.DE) Traton (8TRA.DE) division, aims to significantly raise its profit margin by 2023 as it restructures to adapt to
Bed Bath & Beyond shares tumble 30% as supply chain woes pressure forecast
Shares of Bed Bath & Beyond Inc (BBBY.O) fell nearly 30% on Thursday after the retailer slashed its forecasts for the year, blaming supply chain
Google tells court ‘staggering’ $5 bln EU antitrust fine flawed
A 4.34 billion euro ($5 billion) European Union antitrust fine was based on flawed calculations, Alphabet’s (GOOGL.O) Google said on Thursday, urging Europe’s second-highest court
Serie A should consider a deal with private equity firms
Italy’s top flight Serie A soccer league should follow the example of Spain’s LaLiga and open up to private equity investors to mend clubs’ finances