The risk of a U.S. default is adding to problems facing the slowing global economy, with rising interest rates and high debt levels already choking back investments needed to fuel higher output, World Bank President David Malpass said on Friday.
Alphabet Chief Executive Officer Sundar Pichai will meet European Commission deputy chief Vera Jourova and EU industry chief Thierry Breton in Brussels on May 24, according to the European Commission’s agenda on Friday.
Vehicle production has been slowed at a Stellantis plant in southern Italy in the past few days due to strikes by employees protesting over working conditions, the FIOM union said on Friday.
Vietnamese electric automaker VinFast said on Friday it will list in the U.S. via a merger with special purpose acquisition company (SPAC) Black Spade Acquisition Co .
Thyssenkrupp has urged Berlin to move quickly to approve hundreds of millions in subsidies for a landmark carbon-neutral steel site, with one of the company’s labour bosses saying workers’ patience had run out.
Royal Mail’s CEO Simon Thompson plans to step down, its parent company said on Friday, weeks after the British postal company reached a deal with its largest labour union following a lengthy pay dispute.
Nissan’s Chief Operating Officer Ashwani Gupta will not be reappointed to the board when his term expires next month, the automaker said on Friday, casting doubt on the future of the high-profile executive who had been seen in the running for CEO.
The CEO of Canadian aerospace supplier Abipa International would not negotiate further when a potential customer recently pressed for additional price cuts on components used in areas like engines and landing gear.
