Mercedes Benz to recall 116,020 vehicles, US regulator says

Mercedes Benz to recall 116,020 vehicles, US regulator says

(Reuters) – Mercedes Benz will recall 116,020 vehicles due to an improperly secured 48-volt ground connection, the U.S National Highway Traffic Safety Administration said on Wednesday. (Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Sherry Jacob-Phillips)
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Wells Fargo pushes back Fed rate-cut expectation to June from May

(Reuters) -Wells Fargo on Wednesday joined major banks such as Morgan Stanley, Goldman Sachs and UBS Wealth Management in forecasting the first rate cut from the U.S. Federal Reserve in June. Wells Fargo, which had previously expected the cut in...
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Zara-owner Inditex shares rise to record high on spring season boost

By Corina Pons MADRID (Reuters) -Zara-owner Inditex’s shares rose to a record high after it reported positive early spring sales, boosted by upmarket fashions and continuing the strong momentum that saw its 2023 revenue growth top that of rival H&M.....
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Room for Hungary rate policy moves is narrowing, central bank warns

By Gergely Szakacs BUDAPEST (Reuters) – Hungary’s central bank on Wednesday repeated a warning that government moves to curb its independence could limit the room for monetary policy manoeuvring as Prime Minister Viktor Orban moved to tighten overs...
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US lawmakers to propose legislation seeking more scrutiny of Chinese real estate purchases

By David Shepardson WASHINGTON (Reuters) – Two U.S. lawmakers are set to introduce legislation on Thursday to significantly expand government foreign investment reviews of real estate purchases by buyers from China and other foreign countries posing nati...
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China gives details of equipment and consumer goods trade-in plan

BEIJING (Reuters) – China’s cabinet on Wednesday issued details of its plan to promote large-scale equipment upgrades and sales of consumer goods, one of a series of steps China is taking to boost the economy which has struggled to recover...
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American Lithium Announces Maiden Pit-Constrained Mineral Resource of 5.37 Million Tonnes Lithium Carbonate Equivalent Measured and Indicated and 1.76 Million Tonnes Inferred

Vancouver, BC, May 21, 2020 – American Lithium Corp. (TSXV: LI) (OTCQB: LIACF) (Frankfurt: 5LA1) (“American Lithium” or the “Company”) a leading lithium exploration and development company is pleased to announce a mineral resource estimate (“Resou...
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