Mercedes pledges robust results regardless of gloomy outlook
Mercedes-Benz Group AG still has its sights set on delivering solid returns next year even if the global economy continues ...
Tag: bloomberg news
Core US inflation rises to 40-year high, securing big fed hike
A closely watched measure of US consumer prices rose by more than forecast to a 40-year high in September, pressuring ...
VW closes in on $1 billion JV with Chinese chipmaking startup
Volkswagen AG is close to reaching a joint venture deal with Chinese autonomous driving startup Horizon Robotics Inc. that could ...
GM scales back return-to-office plan after staff backlash
General Motors Co. walked back plans to require employees to return to a company office several days a week, delaying ...
Electric vehicle startups seek $9.5 billion after burning through SPAC cash
The writing was on the wall months ago: Electric vehicle startups that cashed in by combining with blank check companies were running ...
EV makers Lucid, Nikola plan for stock sales as time runs out on cash burn
It was probably a case of now or never for the the latest pair of electric vehicle makers to announce ...
‘Sizzling’ US jobs data make case for bigger Fed rate increases
A blowout US jobs report for July means the Federal Reserve will need to keep going with the most aggressive ...
Fed raises rates by 75 basis points to clamp down on inflation
Federal Reserve officials raised interest rates by 75 basis points for the second straight month, delivering the most aggressive tightening ...
