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Tesla chair dismisses concern Musk’s politics depressed car sales, Bloomberg News reports

(Reuters) -Tesla board chair Robyn Denholm dismissed concerns that Elon Musk’s political activity has depressed sales at the electric-vehicle maker, in an interview with Bloomberg Television. This comes days after Tesla’s board proposed a $1 trillion compensation plan for CEO Musk, in what would be ...
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Spain sees chance to repair ties with US as it hosts China trade talks

By Charlie Devereux and Aislinn Laing MADRID (Reuters) -Spain sees hosting talks between the United States and China in the coming days as a chance to repair ties with Donald Trump’s government, days after Washington described its plan to impede arms sales to Israel as ...
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US launching pilot program to speed air taxi deployment

WASHINGTON (Reuters) -The Trump administration is announcing a new pilot program on Friday to speed the deployment of flying air taxis as companies work to meet regulatory hurdles for advanced air mobility. The Federal Aviation Administration said the program will include at least five projects ...
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Fintech Lendbuzz files for US IPO

(Reuters) -Auto loans platform Lendbuzz on Friday filed for an initial public offering in the U.S., the latest financial technology firm set to hit the new listings market. Fintech IPOs are starting to trickle back in numbers after a years-long slump as higher interest rates ...
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US Treasury calls on G7, EU to impose tariffs on China, India over Russian oil purchases

WASHINGTON (Reuters) -The U.S. Treasury on Friday called on Group of Seven and European Union allies to impose “meaningful tariffs” on goods from China and India to halt their purchases of Russian oil and convened a G7 finance meeting to discuss efforts to step ...
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Russia cuts interest rate to 17% as wartime economy slows while deficit grows

Russia’s central bank cut its benchmark interest rate Friday by one percentage point to 17%, a step that could support the economy as growth slows and spending on the war against Ukraine increases the budget deficit. The bank had raised its key rate as ...
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Brokerages push back ECB rate cut bets after policy meeting

By Kanchana Chakravarty and Siddarth S (Reuters) – Global brokerages expect the European Central Bank to keep interest rates steady for longer, extending into 2026, with some even forecasting the next policy move to be a hike, after the ECB left ...
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Eni CEO, US delegation meet to bolster energy ties

(Reuters) -Eni’s Chief Executive Claudio Descalzi met the U.S. energy and interior secretaries on Friday as Washington pushes to seal energy supply deals that it hopes will strengthen its influence in the region while weakening Russia’s. In a series of meetings on the sidelines of ...
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Giorgio Armani foundation to propose new CEO, keep 30% stake

MILAN (Reuters) -The Giorgio Armani foundation, set up in 2016 and the key pillar of the Italian designer’s succession, will propose the name of the group’s new CEO, Armani’s executive committee said on Friday. “The Fondazione .. shall never hold less than 30% of the ...
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Global equity funds record first weekly outflow in five weeks

(Reuters) -Global equity funds registered their first weekly outflow in five weeks through September 10 as investors locked in profits and trimmed their risk exposure. Major equity markets hit fresh record highs this week, supported by expectations the U.S. Federal Reserve will deliver three rate ...
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India’s Vadilal Industries U.S. unit to make ice creams locally to cut imports

By Praveen Paramasivam (Reuters) -The U.S. subsidiary of India’s Vadilal Industries will start manufacturing ice cream at its local facility by the year-end to reduce dependence on imports and boost sales, an executive of the unit said on Friday. Vadilal Industries USA currently imports a majority ...
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Exclusive-Gunvor expands precious metals business into physical trading

By Polina Devitt LONDON (Reuters) -Global commodity trading house Gunvor is expanding its precious metals business from trading derivatives into physical metal and has hired specialists in the London and Singapore trading hubs, the company told Reuters. Gunvor’s expansion in the sector coincides with a rally ...
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