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China frictions steer electric automakers away from rare earth magnets
August 12, 2021August 6, 2021 picomathorg

China frictions steer electric automakers away from rare earth magnets

Business

As tensions mount between China and the United States, automakers in the West are trying to reduce their reliance on a key driver of the

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Regus owner snaps up WeWork sites in London and New York
August 11, 2021August 6, 2021 picomathorg

Regus owner snaps up WeWork sites in London and New York

Business

Office space provider IWG (IWG.L) is set to open eight new shared-office centres in locations including London and New York, five of which were previously

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U.S. homebuilder confidence falls to 11-month low in July
August 10, 2021August 6, 2021 picomathorg

U.S. homebuilder confidence falls to 11-month low in July

Business

U.S. homebuilder confidence in the market for single family homes fell in July to its lowest level since August 2020, driven by shortages in both

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Sustainable investments account for more than a third of global assets
August 9, 2021August 6, 2021 picomathorg

Sustainable investments account for more than a third of global assets

Business

Sustainable investments total $35.3 trillion, or more than a third of all assets in five of the world’s biggest markets, a report from the Global

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Rent the Runway confidentially files for U.S. IPO
August 8, 2021August 6, 2021 picomathorg

Rent the Runway confidentially files for U.S. IPO

Business

Rent the Runway has confidentially filed paperwork with U.S. regulators for an initial public offering (IPO), as it looks to cash in on the booming

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VW to end U.S. production, sales of Passat as focuses on SUVs
August 7, 2021August 6, 2021 picomathorg

VW to end U.S. production, sales of Passat as focuses on SUVs

Business

Volkswagen AG (VOWG_p.DE) said Monday it will end U.S. sales and production of the Passat sedan next year, the latest shift by automakers away from

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EU regulators okay KLM bailout, tweaks decision after court veto
August 6, 2021 picomathorg

EU regulators okay KLM bailout, tweaks decision after court veto

Business

A 3.4-billion-euro ($2.9 billion) Dutch bailout for Air France-KLM’s (AIRF.PA) Dutch unit was necessary and proportionate, EU state aid regulators said on Monday after Europe’s

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