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BERLIN (Reuters) – Volkswagen is planning to build 800,000 fully electric cars worldwide this year and 1.3 million in 2023, the carmaker said on Thursday, as it works towards making half its global output all-electric by 2030. It is optimistic that it will reach European emissions targets this year despite challenging circumstances for car production, its sales chief Hildegard Wortmann said, with electric car sales rising even as total deliveries fall. Speaking during the carmaker's annual general meeting, chief executive Herbert Diess said he thought the timing was ideal for an initial public…

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Borussia Dortmund wish to sign a second replacement for striker Erling Haaland after completing the capture of Germany international Karim Adeyemi. “We just still adjust here and there and are in talks,” coach Marco Rose said Thursday. “I believe that we still want to do something in the central striking area.” Rose didn't give names but media reports have linked Dortmund to former Eintracht Frankfurt striker Sébastien Haller, who is at Ajax on a contract to 2025. Hugo Ekitike of Stade Reims and Adam Hlozek of Sparta Prague have also been mentioned. Haaland will shortly complete his move to Ma…

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By Alun John, Elizabeth Howcroft and Samuel Indyk HONG KONG / LONDON (Reuters) -The meltdown in TerraUSD, one of the world's largest stablecoins, sent shockwaves through cryptocurrency markets on Thursday, pushing another stablecoin Tether below its dollar peg and sending bitcoin to 16-month lows. Cryptocurrencies have been swept up in a sell-off across higher risk assets, which has picked up steam this week as data showed U.S. inflation running hot, deepening investor fears about the economic impact of aggressive central bank tightening. The sell-off has taken the combined market value of all…

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DUBLIN (Reuters) – Irish Central Bank Governor Gabriel Makhlouf on Thursday joined a chorus of European Central Bank policymakers calling for the Governing Council to act to tackle inflation, though not necessarily at the same pace as the U.S. Federal Reserve. ECB President Christine Lagarde on Thursday finally threw her weight behind a rise in the bank's benchmark interest rate, amid expectations that it will take action in July. Most other major central banks have already raised borrowing costs but the ECB, which had fought too low inflation for a decade, is still pumping cash into the finan…

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