FRANKFURT, March 14 Reuters Vonovia, Germany39;s largest real estate group, on Thursday reported a 6.76 billion euro 7.35 billion loss for 2023, the latest sign of stress in the nation39;s struggling property sector. That compares with a yearearlier loss of 669.4 million euros, before which the company experienced years of profit, going back to at […]

WASHINGTON, March 13 Reuters The head of the National Transportation Safety Board NTSB said on Wednesday investigators still do not know who worked on a Boeing 737 MAX 9 door plug involved in a Jan. 5 Alaska Airlines midair emergency and that video footage was overwritten. NTSB Chair Jennifer Homendy said in a letter to […]

BEIJING, March 14 Reuters Chinese electric vehicle maker Nio on Thursday signed an agreement with battery giant CATL on a partnership to develop batteries with a longer life as part of efforts to lower overall EV costs. The partnership will leverage battery technologies from each company seeking to lower the socalled full life circle costs of batteries, […]

Underlying pretax profit of 42 mln stg To stepup investment to 542 mln stg No staff bonus No longer has target for scale of broader business LONDON, March 14 Reuters Britain39;s John Lewis Partnership on Thursday reported a return to annual profit due to improved trading in its food business and cost savings, and forecast […]

Credit Suisse takeover poses new risks for Swiss economy OECD Swiss economy should be able to absorb resulting job losses OECD raises competition concerns in Swiss banking Swiss economic growth seen at 0.9 in 2024, 1.4 in 2025 ZURICH, March 14 Reuters UBS39;s rescue takeover of Credit Suisse a year ago has created new risks and […]