Kaluga car plants halt production Car demand falls, food prices soar Some hope Western resolve won’t last Others have seen crises pass before April 5 (Reuters) – Thousands of auto workers have been furloughed and food prices are soaring as Western sanctions pummel the small Russian city of Kaluga and its flagship foreign carmakers, with […]
Traffic is seen on a highway in New York, US, July 2, 2021. REUTERS/Eduardo Munoz Register now for FREE unlimited access to Reuters.com Register WASHINGTON, March 27 (Reuters) – The US National Highway Traffic Safety Administration (NHTSA) on Sunday reinstated a sharp increase in penalties for automakers whose vehicles do not meet fuel efficiency requirements […]
An employee walks past the logo of LG Energy Solution at its office building in Seoul, South Korea, November 23, 2021. REUTERS/Kim Hong-Ji/File Photo Register now for FREE unlimited access to Reuters.com Register SAN FRANCISCO/SEOUL, March 23 (Reuters) – LG Energy Solution (373220.KS) (LGES), a supplier for electric car makers Tesla and Lucid, said on […]
March 9 (Reuters) – Nestle (NESN.S), Philip Morris (PM.N) and Imperial Brands (IMB.L) joined the list of multinationals stepping back from Russia on Wednesday as pressure mounts from consumers in the West to take a stand against the invasion of Ukraine. The world’s biggest packaged food group fell into line with rivals Procter & Gamble […]
Uniqlo’s Russian stores to stay open Danone suspends investments in country KPMG, PwC, EY, Deloitte all cut ties with local units American Express calls Ukraine attack ‘unjustified’ March 7 (Reuters) – Uniqlo owner Fast Retailing (9983.T) will keep its stores in Russia open, joining a small group of international firms that are staying put even […]
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