[ad_1] FILE PHOTO: A Ford Motor assembly worker works on a 2018 Ford F150 pick-up truck at Ford’s Dearborn Truck Plant during the 100-year celebration of the Ford River Rouge Complex in Dearborn, Michigan U.S.
World Bank names financial crisis expert Reinhart as chief economist
[ad_1] FILE PHOTO: An atrium is seen at the World Bank headquarters building during the IMF/World Bank annual meetings in Washington, U.S., October 14, 2017. REUTERS/Yuri Gripas/File Photo WASHINGTON (Reuters) – The World Bank on
U.S. arrests 2 men wanted by Japan over ex-Nissan boss Carlos Ghosn’s escape
[ad_1] BOSTON/WASHINGTON (Reuters) – U.S. authorities on Wednesday arrested a former U.S. Army Special Forces soldier and another man in Massachusetts wanted by Japan on charges that they enabled the escape of former Nissan Motor
Oil gains, stocks rally on renewed recovery hopes
[ad_1] NEW YORK (Reuters) – Crude prices rose and a gauge of global equities broke out of a three-week trading range on Wednesday as investors bet on a rapid recovery from the coronavirus-induced recession. FILE
Volkswagen admits car advert racist, apologises
[ad_1] FILE PHOTO: The logo of German carmaker Volkswagen is seen on a new Golf car at Brussels Motor Show, Belgium, January 9, 2020. REUTERS/Francois Lenoir/File Photo BERLIN (Reuters) – Volkswagen (VOWG_p.DE) withdrew on Wednesday
Xiaomi gets first-quarter sales boost as smartphone demand rebounds
[ad_1] SHANGHAI (Reuters) – Xiaomi Corp reported a 13.6% rise in first-quarter revenue on Wednesday, beating estimates, as the Chinese smartphone maker sold more phones and benefited from sales of its higher-priced 5G models. The
Johnson & Johnson to stop selling talc baby powder in U.S. and Canada
[ad_1] (Reuters) – Johnson & Johnson will stop selling its talc Baby Powder in the United States and Canada, it announced on Tuesday, saying demand had fallen in the wake of what it called “misinformation”
Royal Caribbean warns of second-quarter loss on COVID-19 hit
[ad_1] Traders wait for stocks to resume trading on Royal Caribbean Cruises Ltd. on the floor of the New York Stock Exchange in New York, U.S., March 13, 2020. REUTERS/Lucas Jackson/Files (Reuters) – Royal Caribbean
Canada’s annual inflation rate goes negative for first time since 2009
[ad_1] OTTAWA (Reuters) – Canada’s annual inflation rate fell by 0.2% in April, the first time it has hit negative territory since 2009, as the coronavirus pandemic slashed energy prices, Statistics Canada said on Wednesday.
Citing COVID uncertainty, India’s ACME Solar cancels deal to supply power at record low tariff
[ad_1] A boy dusts off a solar panel installed on the rooftop of his house on the outskirts of Ahmedabad October 27, 2014. REUTERS/Amit Dave/File Photo CHENNAI (Reuters) – India’s ACME Solar has cancelled a