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Farm equipment maker Deere & Co (DE.N) on Thursday named Joshua Jepsen as its chief financial officer, replacing Rajesh Kalathur, who was appointed to the role barely three months ago. Kalathur will continue as president of Deere’s financial unit, Deere Read more
Volkswagen (VOWG_p.DE) will accelerate its transition towards electric vehicles, but needs to find the right “rhythm” as it makes the shift, new Chief Executive Oliver Blume said at an internal conference on Thursday, the first day of his tenure. At Read more
The owner of McDonald’s former restaurants in Russia has offered up to 151 million euros ($151 million) to buy Finnish packaging firm Huhtamaki’s (HUH1V.HE) local business, adding to his burgeoning empire, documents seen by Reuters showed. The deal by Siberian Read more
South Korea’s national security adviser said on Thursday the United States has promised to review the impact of its new rules on subsidies for electric vehicles following concern they could hurt South Korean automakers, Yonhap news agency reported. Kim Sung-han Read more
Germany’s cartel office has prohibited Lufthansa from ending long-term cooperation agreements with charter airline Condor until further notice, saying the national carrier was hindering Condor competing on long-haul routes. Lufthansa has said it would cancel an agreement allowing Condor passengers Read more
Chip designer Nvidia Corp (NVDA.O) said on Wednesday that U.S. officials told it to stop exporting two top computing chips for artificial intelligence work to China, a move that could cripple Chinese firms’ ability to carry out advanced work like Read more
The European Union’s markets watchdog said on Thursday it was on red alert for contagion after inflation stoked by Russia’s invasion of Ukraine has threatened markets’ ability to function in an orderly way. The European Securities and Markets Authority (ESMA) Read more