Volkswagen Group is building its own production plant in the United States for its new Scout brand, industry publication Automobilwoche reported on Friday, citing company sources.
Boeing Co shares fell 3.2% in premarket trading on Friday after the U.S. planemaker temporarily halted deliveries of its 787 Dreamliner jets over a documentation issue related to a fuselage component.
U.S. stock index futures fell on Friday as investors turned cautious ahead of a fresh reading on monthly inflation that could offer clues on further monetary policy tightening by the Federal Reserve.
The U.S. nominee to lead the World Bank, ex-MasterCard CEO Ajay Banga, gained traction with leading members on Friday, a sign that he will likely have a smooth ride to confirmation by the bank's executive board.
Goldman Sachs Group Inc is expecting potential losses from legal proceedings to be up to $2.3 billion more than the reserves it had set aside for such matters as of last year, the investment bank said on Friday.
China's economy is expected to generally rebound in 2023 and monetary policy will be precise and forceful, the central bank said in its quarterly policy implementation report released on Friday.
Canada has the firepower to invest billions of dollars in the green transition over the coming years to make it more competitive with the United States, analysts said, while also ensuring its public finances stay on a sustainable path.
Canadian Imperial Bank of Commerce (CIBC) reported a fall in its first-quarter profit on Friday, weighed down by higher provisions and legal charges to settle a lawsuit tied to the 2008 global financial crisis.
Sponsors are not involved in the creation of newsletters or other Reuters news content.
