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Vulcan pushes back large-scale production date for German lithium plant to 2027

Vulcan pushes back large-scale production date for German lithium plant to 2027 FRANKFURT, Nov 8 (Reuters) - Start-up Vulcan Energy VUL.AX will begin large-scale industrial production of lithium hydroxide in Germany in 2027, two years later than originally planned, the company said on Friday as it started operations at a demonstration plant. Vulcan started producing lithium chloride , an important component in producing lithium hydroxide, at its upstream extraction plant in Landau, Germany, in A
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Germany corporate earnings week ahead

DIARY-Germany corporate earnings week ahead Nov 8 (Reuters) - Diary of Germany (.GDAXI) corporate earnings for the week ahead GERMANY EARNINGS Start Date Start Time(GMT) RIC Company Name Event Name 11-Nov-2024 BMO HNRGn.DE Hannover Rueck SE Q3 2024 Hannover Rueck SE Earnings Release 11-Nov-2024 06:30 CONG.DE Continental AG Q3 2024 Continental AG Earnings Release 12-Nov-2024 NTS BNRGn.DE Brenntag SE Q3 2024 Brenntag SE Earnings Release 12-Nov-2024 BMO IFXGn.DE Infineon Technologies AG Q4 2024 Inf
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After Trump, German political crisis engulfs industry

ANALYSIS-After Trump, German political crisis engulfs industry Embattled governing coalition finally crumbles Political vacuum casts cloud over struggling industry Country braces for months of uncertainty By John O'Donnell, Tom Sims and Christoph Steitz FRANKFURT/BERLIN, Nov 8 (Reuters) - A political crisis at home threatens further pain for Germany's car, banking and energy industries, as they grapple with an increasingly hostile world following the election of Donald Trump and trade tensions w
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Rivian reassures investors with cost cuts, green credit sales amid weak EV demand

UPDATE 4-Rivian reassures investors with cost cuts, green credit sales amid weak EV demand Rivian aims for Q4 gross profit despite part shortage, slow demand Lucid cuts losses; both firms plan affordable models by 2026 Rivian, Lucid have secured funding to ensure survival Adds green credits and 2025 gross profit in paragraphs 1-4; updates shares By Akash Sriram and Abhirup Roy Nov 7 (Reuters) - Rivian RIVN.O said on Thursday it was on track to turn a gross profit in the fourth quarter helped by
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Bentley to launch SUV EV in 2026, extend sales of plug-in hybrids to 2035

Bentley to launch SUV EV in 2026, extend sales of plug-in hybrids to 2035 By Nick Carey LONDON, Nov 7 (Reuters) - British luxury carmaker Bentley said on Thursday it will launch its first electric car in 2026 and said it will keep selling plug-in hybrids until 2035, formally abandoning a previous goal of going fully electric by 2030. The Volkswagen VOWG_p.DE unit said the first electric Bentley will be a "luxury urban SUV," which will be followed by a new plug-in hybrid or fully-electric model e
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Audi unveils new EV brand in China without four ring logo

Audi unveils new EV brand in China without four ring logo By Brenda Goh SHANGHAI, Nov 7 (Reuters) - Audi on Thursday unveiled a new electric vehicle brand in China whose cars will sport just the name AUDI and not its signature four-ring logo, a move aimed at attracting younger customers in the world's largest auto market. The premium marque owned by Germany's Volkswagen VOWG_p.DE partnered with Chinese automaker SAIC last year to co-develop cars under the brand, the first of which it plans to pu
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India says Mercedes improved pollution management at plant after failing checks

UPDATE 1-India says Mercedes improved pollution management at plant after failing checks Mercedes faced pollution inspections at India plant Many lapses were detected at Mercedes' only India factory India state gives clearance after improvements noticed-document Mercedes maintains it was in compliance with environment laws Adds company comment paragraph 9 By Arpan Chaturvedi NEW DELHI, Nov 7 (Reuters) - Mercedes-Benz MBGn.DE has improved wastewater and air pollution management at its only car fa
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Fearing uncertainty, German industry calls for fast snap election

UPDATE 1-Fearing uncertainty, German industry calls for fast snap election Industry leaders demand quick vote to address economic challenges in Europe's largest economy Warn of investment risks, need for regulatory support 'We have seen Chancellor Scholz ignore our warnings too often and for too long,' chemicals group CEO says Adds company reactions in paragraphs 3, 6-7, 9, 16 By Christoph Steitz FRANKFURT, Nov 7 (Reuters) - German industry, reeling from high costs and fierce Asian competition,
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Audi plans thousands of job cuts outside production, report says

Audi plans thousands of job cuts outside production, report says BERLIN, Nov 7 (Reuters) - German automaker Audi is looking to shrink its workforce in the medium term by cutting jobs outside of production, with thousands of positions at risk, the Manager Magazin reported on Thursday. The job cuts are to focus on so-called indirect jobs at the company, such as in the area of development, where over 2,000 jobs could go, the report said.
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Volkswagen to recall over 114,000 US vehicles over airbag concern, NHTSA says

UPDATE 2-Volkswagen to recall over 114,000 US vehicles over airbag concern, NHTSA says Updates with response from Volkswagen in paragraph 4 Nov 7 (Reuters) - Volkswagen VOWG_p.DE will recall 114,478 vehicles in the United States on concerns over the driver-side airbag, the National Highway Traffic Safety Administration said on Thursday. The recall consists of some Beetle and Passat vehicles from model years 2006-2019. "The driver's side frontal airbag inflator may explode due to propellant degra
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Volkswagen to recall over 114,000 US vehicles over airbag concern, NHTSA says

Volkswagen to recall over 114,000 US vehicles over airbag concern, NHTSA says Nov 7 (Reuters) - The National Highway Traffic Safety Administration said on Thursday that Volkswagen VOWG_p.DE would recall 114,478 U.S. vehicles on concerns over the driver-side airbag. Reporting by Nathan Gomes in Bengaluru; Editing by Shilpi Majumdar
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Fearing uncertainty, German industry calls for fast snap election

Fearing uncertainty, German industry calls for fast snap election By Christoph Steitz FRANKFURT, Nov 7 (Reuters) - German industry, reeling from high costs and fierce Asian competition, urged Berlin on Thursday to hold snap elections as soon as possible after the ruling coalition broke up, warning Europe's top economy had no time to waste to get back on track.
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India says Mercedes improved pollution management at plant after failing checks

India says Mercedes improved pollution management at plant after failing checks Mercedes faced pollution inspections at India plant Many lapses were detected at Mercedes' only India factory India state gives clearance after improvements noticed-document Mercedes maintains it was in compliance with environment laws By Arpan Chaturvedi NEW DELHI, Nov 7 (Reuters) - An Indian state said in October that Mercedes-Benz MBGn.DE improved wastewater and air pollution management at its only car factory in
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For Europe's markets, Trump's return spells euro pain but bond gains

RPT-ANALYSIS-For Europe's markets, Trump's return spells euro pain but bond gains Repeats Analysis that first ran on Wednesday Traders mull Trump win impact on European markets Euro worst-performing developed currency, bonds gain Some banks see prospect for euro drop to parity European stocks seen fragile, facing Trump tariff risks By Yoruk Bahceli and Lucy Raitano LONDON, Nov 6 (Reuters) - Investors are bracing for further economic pain in Europe that could deepen euro losses and hurt its stock
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For Europe's markets, Trump's return spells euro pain but bond gains

RPT-ANALYSIS-For Europe's markets, Trump's return spells euro pain but bond gains Repeats Analysis that first ran on Wednesday Traders mull Trump win impact on European markets Euro worst-performing developed currency, bonds gain Some banks see prospect for euro drop to parity European stocks seen fragile, facing Trump tariff risks By Yoruk Bahceli and Lucy Raitano LONDON, Nov 6 (Reuters) - Investors are bracing for further economic pain in Europe that could deepen euro losses and hurt its stock
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PTC forecasts quarterly revenue below estimates on tight tech spending

PTC forecasts quarterly revenue below estimates on tight tech spending Nov 6 (Reuters) - Industrial software maker PTC PTC.O forecast first-quarter revenue below estimates on Wednesday, signaling continued weakness in demand for its industrial design and testing software as companies keep a tight leash on budgets. Businesses have dialed back on software budgets in the wake of high-interest rates and an uncertain economy, weighing on demand for companies such as PTC.
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For Europe's markets, Trump's return spells euro pain but bond gains

ANALYSIS-For Europe's markets, Trump's return spells euro pain but bond gains Traders mull Trump win impact on European markets Euro worst-performing developed currency, bonds gain Some banks see prospect for euro drop to parity European stocks seen fragile, facing Trump tariff risks Updates with German government uncertainty in paragraph 3 By Yoruk Bahceli and Lucy Raitano LONDON, Nov 6 (Reuters) - Investors are bracing for further economic pain in Europe that could deepen euro losses and hurt
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Lamborghini revenue jumps 20% on high demand for all models

Lamborghini revenue jumps 20% on high demand for all models Nov 6 (Reuters) - Italian luxury sports car maker Lamborghini posted on Wednesday nine-months revenue that was up by 20% to 2.43 billion euros ($2.60 billion), driven by a solid order backlog and high demand for all models. The firm delivered 8,411 cars in the first nine months of 2024, an 8.6% increase compared to same period last year, when it topped 10,000 deliveries for the first time.
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For Europe's markets, Trump's return spells euro pain but bond gains

ANALYSIS-For Europe's markets, Trump's return spells euro pain but bond gains Traders mull Trump win impact on European markets Euro worst-performing developed currency, bonds gain Some banks see prospect for euro drop to parity European stocks seen fragile, facing Trump tariff risks By Yoruk Bahceli, Lucy Raitano LONDON, Nov 6 (Reuters) - Investors are bracing for further economic pain in Europe that could deepen euro losses and hurt its stocks, as a second Donald Trump presidency raises the pr
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REUTERS SPORTS SCHEDULE AT 2 p.m. GMT/ 9 a.m. ET

REUTERS SPORTS SCHEDULE AT 2 p.m. GMT/ 9 a.m. ET Here are the top sports stories and upcoming coverage plans for Reuters text service as of 2 p.m. GMT/ 9 a.m. ET. For a full schedule of news and events, go to our editorial calendar on Reuters Connect . TOP STORIES SOCCER-ENGLAND-MCI/MENDY Benjamin Mendy wins most of $14 mln unpaid wages case against Manchester City LONDON, Nov 6 (Reuters) - Former Manchester City defender Benjamin Mendy won a case against the club on Wednesday for most of over 1
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