Reuters: Business News

Reuters News
  1. Small electric cars may be unaffordable for some: VW chairman to newspaper
    The move to electric vehicles will make cars significantly more expensive, meaning they may become unaffordable for people on low incomes in the future, the chairman of Volkswagen said in an interview published on Sunday.
    ...
  2. Detained ex-Nissan exec Ghosn promises not to flee Japan if freed
    Ousted Nissan Motor Co Chairman Carlos Ghosn on Sunday promised to remain in Japan and follow restrictions in exchange for his release from jail in the latest effort to persuade a court to grant him bail while he awaits trial on charges of financial...
  3. Ghosn may have had questionable ethics, co-chair of external Nissan probe says
    The co-chair of a committee set up by Japanese automaker Nissan Motor Co to examine the root cause of alleged financial misconduct by ousted chairman Carlos Ghosn said he believed Ghosn may have had questionable ethical standards.
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  4. Berkshire's lithium venture may supply U.S. automakers, including Tesla: FT
    Warren Buffett's Berkshire Hathaway Inc has signed an agreement to allow extraction of lithium from its geothermal wells in California, a project that could offer U.S. carmakers and battery producers a secure supply of the metal, the Financial Times...
  5. Italy regulator gives TIM's network separation plan thumbs down
    Telecom Italia (TIM) has suffered a setback in its plan to assuage pressures for a separation of its prized network assets by placing them into a wholly owned subsidiary, as the industry regulator said it was opposed to the proposal.
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  6. ProSieben sees pressure easing as Netflix raises prices
    ProSiebenSat.1 Media believes that price increases by U.S. streaming giant Netflix could ease competitive pressures on the German group's core TV business and is bullish on growth at its e-commerce arm, CEO Max Conze said.
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  7. Sorrell's S4 Capital seeks more deals in digital-only drive
    Martin Sorrell is on the lookout for acquisitions to expand his new advertising venture S4 Capital, aiming to capitalize on the disruption sweeping the industry by pursuing a pure-play digital strategy.
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  8. India's SBI says lenders awaiting SEBI decision on Etihad offer for Jet Airways: paper
    The State Bank of India (SBI)-led consortium of lenders is waiting for India’s capital markets regulator to decide on a bailout offer by Etihad Airways for the financially stressed Jet Airways , SBI Chairman Rajnish Kumar said, the Business Standard...
  9. China set to post slowest growth in 28 years in 2018, more stimulus seen
    China is expected to report on Monday that economic growth cooled to its slowest in 28 years in 2018 amid weakening domestic demand and bruising U.S. tariffs, adding pressure on Beijing to roll out more support measures to avert a sharper...
  10. Eurotunnel boss says a second referendum would still back Brexit
    Britons would back Brexit again if asked to vote in a second referendum, the head of Eurotunnel said on Sunday.
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