ALSO

Women sue Deutsche Bank, JPMorgan over Epstein ties

Nov 24 (Reuters) – Women who have accused Jeffrey Epstein of sexual abuse filed lawsuits against Deutsche Bank AG (DBKGn.DE) and JPMorgan Chase & Co (JPM.N) on Thursday, alleging the banks financially benefited from the late financier’s alleged sex trafficking operations. The women, who were not identified in the court filings, cite US federal anti-sex …

Women sue Deutsche Bank, JPMorgan over Epstein ties Read More »

Dollar nears 3-mth low, shares climb after Fed tests the brakes

LONDON, Nov 24 (Reuters) – Shares hit a two-month high and the dollar swooped towards a three-month low on Thursday, after Federal Reserve signals of smaller interest rate rises from next month were followed by the message from Frankfurt that the ECB will plough on. With Wall Street shut for Thanksgiving, it was up to …

Dollar nears 3-mth low, shares climb after Fed tests the brakes Read More »

Volkswagen says all brands have halted paid activities on Twitter

BERLIN, Nov 23 (Reuters) – Volkswagen’s (VOWG_p.DE) brands have halted all paid activities on Twitter until further notice, a spokesperson for the company said on Wednesday. Earlier this month, Volkswagen, which owns Audi together with the VW, Seat, Cupra, Lamborghini, Bentley, Ducati and Porsche (P911_p.DE), said it had recommended the brands pause paid advertising on …

Volkswagen says all brands have halted paid activities on Twitter Read More »

Russia revives Soviet-era Moskvich brand with Chinese model

This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Nov 23 (Reuters) – After a two-decade hiatus, Russia on Wednesday launched production of the Moskvich car brand at a plant near Moscow given up by the French carmaker Renault, with a new, modern Chinese design that …

Russia revives Soviet-era Moskvich brand with Chinese model Read More »

Europe to be hit hardest in global slowdown -OECD

Global growth seen falling from 3.1% in 2022 to 2.2% in 2023 National outlooks vary widely, with UK lagging other economies Central banks urged to keep hiking interest rates PARIS, Nov 22 (Reuters) – The global economy should avoid a recession next year but the worst energy crisis since the 1970s will trigger a sharp …

Europe to be hit hardest in global slowdown -OECD Read More »

Chinese carmakers target more European sales with five-star EVs

SOLIHULL, England, Nov 21 (Reuters) – Chinese electric vehicle (EV) makers have set their sights on winning over European drivers and large corporate customers with more affordable cars that come with top safety ratings and lots of high-tech features. In the last few months, several Chinese EVs have received five-star European New Car Assessment Program …

Chinese carmakers target more European sales with five-star EVs Read More »

Pfizer/BioNTech’s updated COVID shot shows strong response against BQ.1.1

Nov 18 (Reuters) – Pfizer Inc (PFE.N) and its German partner BioNTech SE said on Friday their Omicron-tailored shot produced higher virus-neutralizing antibodies in older adults against the emerging subvariant BQ.1.1 than its original vaccine. Antibody levels against the subvariant rose nearly nine-fold in older adults, aged 55 and above, who received the Omicron shot …

Pfizer/BioNTech’s updated COVID shot shows strong response against BQ.1.1 Read More »

Democratic US senators accuse Musk of undermining Twitter, urge FTC probe

WASHINGTON, Nov 17 (Reuters) – Seven Democratic senators sent a letter on Thursday to the Federal Trade Commission, warning that Twitter, now owned by Elon Musk, was acting in disregard of users and urging the agency to investigate any breach of a consent decree that the FTC inked with Twitter. The lawmakers, including Senators Richard …

Democratic US senators accuse Musk of undermining Twitter, urge FTC probe Read More »

Tesla EVs ranked worst in annual reliability survey by Consumer Reports

Nov 15 (Reuters) – Electric vehicles (EVs) from Tesla Inc (TSLA.O) and other brands were among the least reliable vehicles in the United States, Consumer Reports magazine’s annual reliability survey showed on Tuesday. Although EVs and full-size pick up trucks enjoy the hottest demand in the market, they are the “most problematic”, the nonprofit organization …

Tesla EVs ranked worst in annual reliability survey by Consumer Reports Read More »

Roche’s Alzheimer’s drug fails to meet goal in long awaited trial

Trials show small benefit, but without statistical validity Roche’s setback leaves Biogen, Eisai as leaders in the field Onus on Roche CEO-designate to revive development fortunes Roche shares down 3.4%, development partner Morphosys down 29% Nov 14 (Reuters) – Roche’s (ROG.S) Alzheimer’s drug candidate could not be shown to slow dementia progression in two drug …

Roche’s Alzheimer’s drug fails to meet goal in long awaited trial Read More »