TOKYO (Reuters) -Japan's No.2 steelmaker, JFE Holdings Inc, is seeking to raise product prices by 30,000 yen ($230) a tonne in the April-June quarter or next to reflect soaring costs of raw materials and shipping charges, a top executive said on Friday.

SHANGHAI (Reuters) -Tesla is aiming to increase output at its Shanghai plant to 2,600 cars a day from May 16, it said in an internal memo seen by Reuters, as it seeks to restore production to levels before the city locked down to control COVID-19.

Wells Fargo & Co unveiled new targets to reduce greenhouse gas emissions, including goals to reduce the "absolute emissions" related to its financing of companies in the oil and gas sector, an executive said Thursday.

Russia's leading shipping company Sovcomflot plans to sell part of its fleet, it said on Friday, as it grapples with Western sanctions and seeks to repay outstanding loans.

(Reuters) -European stocks were on course for their worst week in two months on Friday following a carnage on Wall Street as investors feared that bigger interest rate hikes would be needed to tame decades-high inflation.

Elon Musk's decision to accept some foreign investors as part of his $44 billion buyout of Twitter Inc runs the risk of inviting the kind of regulatory scrutiny over U.S. national security that social media peer TikTok faced, legal experts say.