Tag: PXP

US economy flexes muscle with jobless benefit rolls at 52-year low;  factory humming
US economy flexes muscle with jobless benefit rolls at 52-year low; factory humming

Weekly jobless claims fall 15,000 to 214,000 Continuing claims drop 71,000 to 1.419 million Housing starts increase 6.8% in February Manufacturing production jumps 1.2% in February WASHINGTON, March 17 (Reuters) – The number of Americans filing new claims for unemployment benefits fell last week as demand for labor remained strong, positioning the economy for another […]

Mercedes to continue EV investments despite Ukraine war disruptions
Mercedes to continue EV investments despite Ukraine war disruptions

TUSCALOOSA, Ala., March 15 (Reuters) – Mercedes-Benz AG (MBGn.DE) won’t cut spending on future electric vehicles even as it copes with supply-chain cost pressures exacerbated by the Russia-Ukraine conflict, the German automaker’s chief executive said on Tuesday. Ola Kaellenius, speaking during the company’s opening of its first US electric vehicle (EV) battery factory, also affirmed […]

UK’s Queen Elizabeth pulls out of Commonwealth Service
UK’s Queen Elizabeth pulls out of Commonwealth Service

Britain’s Queen Elizabeth leaves after a Service of Thanksgiving to mark the Centenary of the Royal British Legion at Westminster Abbey, London, Britain October 12, 2021. Frank Augstein/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register LONDON, March 11 (Reuters) – Britain’s Queen Elizabeth will miss next week’s Commonwealth Service, Buckingham Palace […]

Deutsche Bank rebuked over remaining in Russia as others quit
Deutsche Bank rebuked over remaining in Russia as others quit

Deutsche CEO says in Russia to serve multinational customers Deutsche CEO says exit ‘would go against our values’ Investors criticizes Deutsche’s Russia presence Deutsche Bank has said monitoring situation, may adapt CEO’s 2021 pay up 20% FRANKFURT, March 11 (Reuters) – Deutsche Bank (DBKGn.DE) faced stinging criticism from some investors and politicians on Friday for […]

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