The Telegram

By Michael Nienaber BERLIN (Reuters) - Germany will award to three consortiums 1 billion euros ($1.12 billion) in funding it earmarked last year to support domestic battery cell production, Economy Minister Peter Altmaier told Reuters, part of a bid ...

FRANKFURT (Reuters) - Germany's largest union IG Metall is calling for a fund of at least 10 billion euros ($11.2 billion) to help companies that supply the auto industry to cope with a switch to electric vehicles, a top union representative said. ...

(Reuters) - Kellogg Co said on Tuesday it would cut about 150 jobs and take a $35 million hit to trim its North American operations following the sale of Keebler biscuits and a handful of other brands for $1.3 billion in April. The announcement, ...

WASHINGTON (Reuters) - U.S. homebuilding unexpectedly fell in May, but data for the prior two months was revised higher and building permits increased, suggesting that the housing market was drawing some support from a sharp decline in mortgage ...

By Lewis Krauskopf NEW YORK (Reuters) - Global stocks rallied on Tuesday and benchmark government bond yields tumbled after European Central Bank President Mario Draghi hinted at economic stimulus, with equities getting an extra boost from ...

By Andy Bruce LONDON (Reuters) - Britain has become increasingly reliant since the 2016 Brexit referendum on "flighty" foreign funding that could be withdrawn at short notice, a Bank of England official said on Tuesday. Three years after voting to ...

ROME (Reuters) - The number of Italians living in absolute poverty held steady in 2018 after three straight years of growth, though the problem remains at a record high, data showed on Tuesday. About 5 million people or 8.4% of the population live in ...

By Tim Hepher and Eric M. Johnson LE BOURGET, France (Reuters) - Boeing won a major vote of confidence at the Paris Airshow on Tuesday as British Airways owner IAG signed a letter of intent to buy 200 of its 737 MAX jets that have been grounded since ...

By Gabriela Baczynska and Jan Strupczewski LUXEMBOURG/BRUSSELS (Reuters) - European Union leaders are unlikely to agree on names for the bloc's top jobs when they meet in Brussels this Thursday, diplomats and officials said, citing a rift between ...

SEOUL (Reuters) - Korean Air Lines Co Ltd said on Wednesday it will add 30 Boeing Co Dreamliner passenger jets to its fleet, including what it said would be the country's first use of the largest Dreamliner model, the 787-10. South Korea's biggest ...