Factbox-Hyundai’s plans for EVs, restructuring in China
Hyundai said it would close another plant in China this year. It did not specify which plant. Hyundai said it would look to sell two ..
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MTU and Safran to create JV on military helicopter developments
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Britain backs greener air travel with $280 million funding package
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Lanxess slashes profit outlook as demand recovery lags
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Adobe’s $20 billion deal to acquire Figma under threat from EU regulators – FT
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Japan’s Suzuki to make ‘flying cars’ with SkyDrive
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‘Great Resignation’ continues as quarter of workers look to change jobs – PwC
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EU electric vehicles risk 4.3 billion euro post-Brexit tariff cost – auto body
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UBS faces big penalty over Credit Suisse’s Archegos failings -FT
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Bank of England launches first sector-wide liquidity ‘stress test’
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Wealth management – key trends for 2023
Capital markets are currently highly volatile as the global economy faces an imminent recession. Inflationary pressure, a high-inter..
Finance
Royal Mail’s largest union to resume vote on deal with postal company on June 22
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Stocks rally stalls, eyes Powell testimony for rate clues
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Biman Bangladesh to buy 10 Airbus jets, breaking Boeing reliance – minister
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AstraZeneca planning China business spin off -FT
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ECB risks losing sight of ‘greedflation’ with laser-focus on wages
The ECB assumed in its forecasts that corporate profits will stop contributing to inflation next year, meaning companies will start a..
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Oil slides more than $1 on China growth uncertainties
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Dollar drifts as traders weigh rate path; yen fragile
As widely expected, the BOJ on Friday maintained its -0.1% short-term rate target and a 0% cap on the 10-year bond yield set under it..
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JLR taps Everstream Analytics’ AI to dodge supply chain problems
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British supermarket Morrisons cuts prices of nearly 50 products
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France’s Macron vows to boost sustainable aviation fuel production
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Self-driving truck company Einride expands into Norway
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Euro zone May inflation confirmed at 6.1% yr/yr, core eases
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Intel facility is largest greenfield investment in Poland, PM says
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Travis Perkins warns on profit in sign of UK housing market difficulty
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Rheinmetall expects German ammunition order worth billions soon -CEO
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Britain’s ITV considers possible deal to buy All3Media
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Europe’s brief window of market outperformance swings shut
Part of the European market’s outperformance earlier this year was down to low expectations. European shares traded at their bi..
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Virgin Galactic plans first commercial space service for June; shares take off
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Crypto investors step up risk management after last year’s meltdowns
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Stoltenberg leaves open prospect of staying on as NATO leader
British Defence Secretary Ben Wallace has said openly he would like the job and Danish Prime Minister Mette Frederiksen has been trea..
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Britain’s National Grid expects to meet electricity demand this winter
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Uber to cease food delivery in Italy, exit Israel
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UK’s FTSE 100 dips on scope of tighter monetary policy; Informa jumps
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Analysis-Spasms in UK mortgage market spell pain for homeowners, economy
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Bain Capital makes $3.2 billion offer for SoftwareOne, board says it’s too low
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Hugo Boss shrugs off weaker U.S. sentiment
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