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Silicon Valley automotive ethernet chip startup Ethernovia raises $64 million
By Jane Lanhee Lee OAKLAND, California (Reuters) - Silicon Valley automotive ethernet chip startup Ethernovia Inc said on Monday it had raised $64 million in a Series A funding round including Porsche...
Syndicated Content May 15, 2023
India’s annual wholesale inflation falls to 0.92% in April
NEW DELHI (Reuters) - India's annual wholesale-price based inflation (WPI) fell for the first time in nearly 3 years in April, as prices softened across the board. WPI fell to 0.92%, compared with Mar...
Syndicated Content May 15, 2023
EU commission sees Germany 2023 GDP growth at 0.2%, Italy 1.2% – newspaper
ROME (Reuters) - The European Commission will forecast Germany's economic growth this year at 0.2%, while projecting a 1.2% rate for Italy, Italian daily La Stampa reported on Monday, citing Brussels-...
Syndicated Content May 15, 2023
India’s retail inflation may ease to cenbank’s 4% target in May -economists
MUMBAI (Reuters) - India's headline retail inflation in May is likely to fall further towards 4% - the midpoint of the central bank's target and a level last seen in January 2021, according to a few e...
Syndicated Content May 15, 2023
German April wholesale prices post first y/y drop since Dec 2020
BERLIN (Reuters) - Germany's wholesale price index fell slightly in April compared to the same month last year, the first year-on-year drop since December 2020, according to data released on Monday. W...
Syndicated Content May 15, 2023
BAT names finance director Marroco as CEO as Bowles bows out
(Reuters) -British American Tobacco appointed finance director Tadeu Marroco as CEO on Monday, succeeding Jack Bowles who is stepping down after about four years. Marroco has been with the tobacco fir...
Syndicated Content May 15, 2023
Novartis names Sandoz board members ahead of spin-off
ZURICH (Reuters) - Novartis on Monday named the intended new board members of Sandoz, the generics business it plans to spin off to shareholders later this year. The Basel company approved the recomme...
Syndicated Content May 15, 2023
Ukraine’s Zelenskiy to visit Britain for talks with PM Sunak
LONDON (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Monday he would travel to Britain to meet Prime Minister Rishi Sunak as part of a tour of several key European allies ahead of an exp...
Syndicated Content May 15, 2023
Seven-year-old boy dies and mother hurt in explosion in Spain
MADRID (Reuters) - A seven-year-old boy died and his mother was seriously injured after an explosion at their house in Granada in southern Spain, emergency services said on Monday. The explosion happe...
Syndicated Content May 15, 2023
Exclusive-Japan’s Rakuten plans new share issue to raise around $2.2 billion -sources
By Miho Uranaka TOKYO (Reuters) -Japan's Rakuten Group Inc is finalising plans to raise about $2.2 billion by issuing new shares, according to two people, in the e-commerce company's latest move to sh...
Syndicated Content May 15, 2023
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