Reuters UK

BERLIN/SEOUL (Reuters) -German authorities have raided Hyundai and Kia over allegations that they put over 210,000 diesel vehicles with suspected illegal defeat devices onto the road, the Frankfurt state prosecutor’s office said on Tuesday. The announc…

By Heekyong Yang SEOUL (Reuters) -South Korean battery maker LG Energy Solution Ltd (LGES) plans to reassess its investment plan for a standalone Arizona battery factory due to the current U.S. economic environment, a company spokesperson said on Wedne…

LONDON (Reuters) – British retailers raised prices at the fastest pace since 2008 this month, driven by the rapidly rising cost of food, according to industry data that showed the extent of the inflation squeeze for households. The British Retail Conso…

STOCKHOLM (Reuters) -Scandinavian airline SAS and its pilots have agreed, at the behest of mediators, to extend by three days a deadline for wage talks, thus postponing the risk of a strike, the carrier and labour unions said on Wednesday. “SAS welcome…

MILAN (Reuters) -Italian energy services firm Saipem said it would challenge Tuesday’s decision by an Algerian court to uphold a previous ruling and fine against the company in a case centred around a natural gas contract. Saipem said in a statement th…

MADRID (Reuters) – Turkey has agreed to support Finland’s and Sweden’s bids for NATO membership, NATO Secretary-General Jens Stoltenberg said on Tuesday. “I am pleased to announce that we now have an agreement that paves the way for Finland and Sweden …

(Reuters) -Federal Reserve policymakers on Tuesday promised further rapid interest-rate hikes to bring down high inflation, but pushed back against growing fears among investors and economists that sharply higher borrowing costs will trigger a steep do…

By Jesús Aguado MADRID (Reuters) – Spain’s Santander has hired Credit Suisse and Goldman Sachs to look at a potential bid for Citibanamex, Citigroup’s retail bank in Mexico, two sources familiar with the process said on Tuesday without providing furthe…

PARIS (Reuters) – France’s government cut its growth outlook sharply on Tuesday but kept its budget deficit forecast steady despite billions of extra spending on anti-inflation measures thanks to stronger than expected tax revenues. The finance ministr…

FRANKFURT (Reuters) – Deutsche Lufthansa’s Swiss business said on Tuesday it would cut about 2% of its flights scheduled between August and October because of labour shortages, strikes and rising COVID-19 infections. Swiss International said in a state…