Scratched EV battery? Your insurer may have to junk the whole car
By Nick Carey, Paul Lienert and Sarah McFarlane LONDON/DETROIT (Reuters) -For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after...
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El-Erian Says US Banks Need a ‘Circuit Breaker’ After Upheaval
(Bloomberg) -- Mohamed El-Erian says the latest upheaval surrounding First Republic Bank (NYSE:FRC) will make banks rethink their standards and prepare for tougher regulation.“You have...
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Commerzbank rises as Germany's No. 2 lender returns to DAX index
By Scott Kanowsky Investing.com -- Shares in Commerzbank AG (ETR:CBKG) rose on Monday after the German lender re-entered the DAX index, replacing chemicals giant Linde...
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El-Erian Says US Recession Not a ‘Done Deal’ in Fed Fight
(Bloomberg) -- A US recession is not a “done deal” thanks to a relatively resilient labor and credit market, while Wall Street has already priced in a high degree of interest-rate risk,...
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El-Erian Says Economy Is Starting to ‘Go Through the Windshield’
(Bloomberg) -- Allianz (ETR:ALVG) SE chief economic adviser Mohamed El-Erian said that aggressive monetary tightening by the Federal Reserve will not only damage the US economy, but will...
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