VW’s Wolfsburg plant may move to four-day week from 2027, works council says
BERLIN (Reuters) – Volkswagen’s restructuring of its Wolfsburg plant from 2027 to make way for EV-only production could result in…
Alaska Airlines CEO expects full-year profit despite pricing struggles
By Rajesh Kumar Singh NEW DELHI (Reuters) -Alaska Airlines CEO Ben Minicucci said the company’s pricing power has not recovered…
Trump tariffs stoke supply chain worries for US businesses, survey shows
By Manya Saini (Reuters) -A majority of U.S. business owners are worried about supply chain disruptions from President Donald Trump’s…
Broadcom ships latest networking chip to speed AI
By Max A. Cherney SAN FRANCISCO (Reuters) -Broadcom has begun to ship its latest networking chip that aims to speed…
Fed likely on track to lower rates after bumpy period, says Goolsbee
(Reuters) -Chicago Federal Reserve Bank President Austan Goolsbee said on Monday he continues to think the U.S. central bank will…
Explainer-The reality of Trump’s steel and aluminium tariffs
By Pratima Desai LONDON (Reuters) -U.S. President Donald Trump plans to double tariffs on steel and aluminium imports to 50%…
Bank of England’s Mann says impact of QT cannot be offset fully
LONDON (Reuters) -The Bank of England needs to pay closer attention to the impact of its quantitative tightening programme on…
Musk’s xAI seeks $113 billion valuation in $300 million share sale, FT reports
(Reuters) -Elon Musk’s xAI is seeking a valuation of $113 billion in a share sale worth $300 million, the Financial…
Global equity funds see second weekly outflow on tariff concerns
(Reuters) -Global equity funds posted outflows for a second straight week through May 28, as risk aversion rose following U.S.…
US targets geothermal projects for emergency permitting
By Valerie Volcovici WASHINGTON (Reuters) -The U.S. Department of the Interior said on Friday it was implementing emergency permitting procedures…