BMW to Test ONEs Advanced Battery in its iX Electric SUV

DETROIT, June 14 Reuters BMW will install and test a longrange battery developed by Michiganbased startup Our Next Energy ONE in the German automaker39;s iX electric SUV, the companies said on Tuesday. ONE39;s Gemini battery will incorporate two types of battery cells, including one with advanced chemistry that can store more energy and enable vehicle range […]
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Air FranceKLM Raises 2.4 bln from Latest Rights Issue

PARIS, June 14 Reuters FrenchDutch airline Air FranceKLM said on Tuesday it raised around 2.26 billion euros 2.36 billion through its latest capital increase, with the total demand for new shares amounting close to 2.6 billion. The proceeds from the rights issue will be mostly used to repay an aid package to the French state, […]
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Fed Door Open to 0.75 Hike on Inflation Data, Market Moves

WASHINGTON, June 13 Reuters Eroding inflation data and fastchanging views in financial markets on Monday have opened the door to a largerthanexpected threequarterpercentage point interest rate increase when Federal Reserve officials meet this week. It is a move officials had downplayed as their twoday meeting approached over recent weeks, but which they now may be […]
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UK Jobs Market Loses some of its Inflation Heat

Unemployment rate rises to 3.8, first increase in over a year Inactivity rate edges down Jobs growth beats forecasts but falls in April alone Real wages eroded by inflation again Sterling and bond yields slip after data LONDON, June 14 Reuters Britain39;s jobless rate rose for the first time since late 2020 and other measures […]
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