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By Victoria Waldersee BERLIN (Reuters) – Mercedes-Benz is trialling using humanoid robots made by U.S.-based company Apptronik for tasks such as moving components to the production line or carrying out quality checks, the latest automaker to experiment with robots in manufacturing. The German company has invested a low double-digit million-euro sum in Apptronik, a Texas-based …

Mercedes-Benz takes stake in robotics maker Apptronik, tests robots in factories Read More »

By Pietro Lombardi MADRID(Reuters) – Abu Dhabi renewable energy company Masdar and Spanish power utility Endesa are closing in on a deal that would see Masdar pay around $200 million for a 49.9% stake in a solar portfolio controlled by Endesa, according to two sources familiar with the deal and a document seen by Reuters. …

UAE’s Masdar in talks on $200 million solar power deal with Endesa, sources say Read More »

(Reuters) – An increasing number of companies are relocating their headquarters to Texas, drawn by lower taxes, business-friendly regulations and a growing talent pool. The moves are expected to reshape the state’s economic profile and strengthen its national influence. Texas is set for further gains with the planned launch of the Texas Stock Exchange, a …

Factbox-To the Lone Star State: Corporate migration to Texas takes off Read More »

MOSCOW (Reuters) – Russian diamond producer Alrosa announced on Tuesday that it had decided to temporarily suspend operations at its less profitable deposits. The suspension will affect deposits with an annual production of less than 1 million carats, it said. The company said it still planned to produce 29 million carats of diamonds in 2025 …

Russia’s Alrosa diamond producer says it has paused production at less profitable mines Read More »

By Harry Robertson and Alun John LONDON (Reuters) – German 10-year borrowing costs could rise to 4%, their highest since 2008, in coming years as it massively increases its spending on defence and infrastructure, French bank BNP Paribas said on Tuesday. Germany’s lower house of parliament is set to vote on Tuesday on creating a …

German borrowing costs could hit 2008 levels on spending boost, BNP Paribas says Read More »

By Dmitry Antonov and Darya Korsunskaya MOSCOW (Reuters) – Western companies that “slammed the door defiantly” when they left Russia will not be allowed to buy back the businesses they quit for small amounts of money or fill niches that local businesses have taken, President Vladimir Putin said on Tuesday. Hundreds of Western firms have …

Putin promises tough road back for Western businesses that ‘slammed door defiantly’ on Russia Read More »