China frictions steer electric automakers away from rare earth magnets
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
Category: Business
Regus owner snaps up WeWork sites in London and New York
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
U.S. homebuilder confidence falls to 11-month low in July
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
Sustainable investments account for more than a third of global assets
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
Rent the Runway confidentially files for U.S. IPO
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
VW to end U.S. production, sales of Passat as focuses on SUVs
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
EU regulators okay KLM bailout, tweaks decision after court veto
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