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ROME (Reuters) -Carmaker Stellantis said on Wednesday it would discontinue its hydrogen fuel cell technology programme and no longer launch hydrogen-powered vehicles this year, raising questions about the future of hydrogen subsidiary Symbio. The group said the decision was due to the limited availability of hydrogen refuelling infrastructure, high capital requirements and the need for …

Stellantis discontinues hydrogen fuel cell programme and van production Read More »

JERUSALEM (Reuters) -Israeli mobile phone operator Pelephone has offered up to 2 billion shekels ($594 million) in cash to buy all of rival HOT Mobile from Patrick Drahi’s Altice International, Pelephone’s parent company Bezeq Israel Telecom said. Bezeq said in a regulatory filing late on Tuesday in Tel Aviv that Pelephone has submitted a non-binding …

Israel’s Bezeq mobile unit offers to buy rival from Altice for $594 million Read More »

MOSCOW (Reuters) -The average Russian oil price calculated in roubles has stayed below the federal budget’s target for 2025, Reuters calculations showed on Wednesday, adding pressure to the budget that already faces a rising deficit. The weakness is largely the result of a stronger rouble, which has risen around 45% since the start of the …

Russian oil price in roubles has stayed below the 2025 budget target Read More »

By Essi Lehto HELSINKI (Reuters) -Finnair warned on Wednesday that weaker-than-expected demand for North Atlantic flights, falling ticket prices, and the impact of strikes could weigh on its 2025 comparable operating profit, sending its shares down as much as 9%. The Finnish carrier said North American traffic growth was more moderate than estimated during the …

Finnair warns of weaker North Atlantic demand Read More »

BERLIN (Reuters) -U.S. tariffs of 30% on imports from the EU, planned by President Donald Trump, could cost the German economy about a quarter of a percentage point in growth this year and next compared with current forecasts, the IMK institute said on Wednesday. Trump has said he will impose 30% tariffs on imports from …

US tariffs of 30% would dent, not stop, German growth, says IMK Read More »