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US grid-scale energy storage installations hit new quarterly record – report
(Reuters) - The U.S. grid-scale energy storage installations hit a new record in the second quarter of 2023, a report by Wood Mackenzie and the American Clean Power Association (ACP) said. Grid-scale ...
Syndicated Content Sep 24, 2023
Ford says ‘significant gaps’ remain to reach UAW contract deal
(Reuters) - Ford Motor said late on Sunday that it still has "significant gaps to close" on key economic issues to reach a new labor agreement with the United Auto Workers union. The UAW on Friday exp...
Syndicated Content Sep 24, 2023
Striking Hollywood writers reach tentative deal with studios
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Hollywood writers reached a tentative labor agreement with major studios on Sunday, the Writers Guild of America said, a deal expected to e...
Syndicated Content Sep 24, 2023
Evergrande shares sink after saying it is unable to issue new debt
HONG KONG (Reuters) - Shares of China Evergrande plunged as much as 24% on Monday after the embattled developer said it was unable to issue new debt due to an ongoing investigation into one of its sub...
Syndicated Content Sep 24, 2023
China Evergrande: unable to meet qualifications for issuance of new notes
BEIJING (Reuters) -China Evergrande said on Sunday that in view of an investigation into Hengda Real Estate Group, its flagship onshore unit, it was unable to meet qualifications for the issuance of n...
Syndicated Content Sep 24, 2023
SoftBank Corp to raise over $800 million via bond-type class shares – Bloomberg News
(Reuters) - SoftBank Corp will likely decide as early as Monday to raise up to 120 billion yen ($808.79 million) via Japan's first public offering of bond-type class shares, Bloomberg News reported, c...
Syndicated Content Sep 24, 2023
Oil climbs with tight supply back in focus
By Florence Tan SINGAPORE (Reuters) - Oil prices rose on Monday as investors focused on a tighter supply outlook after Moscow issued a temporary ban on fuel exports while remaining wary of further rat...
Syndicated Content Sep 24, 2023
Thailand central bank to hold rates in Sept after seven straight hikes – Reuters poll
By Anant Chandak and Susobhan Sarkar BENGALURU (Reuters) - Thailand's central bank will leave its key policy rate unchanged at 2.25% on Wednesday and likely through 2024, marking an end to a year-long...
Syndicated Content Sep 24, 2023
Inside Vietnam’s plans to dent China’s rare earths dominance
By Francesco Guarascio and Khanh Vu HANOI (Reuters) - Vietnam plans to restart its biggest rare-earths mine next year with a Western-backed project that could rival the world's largest, according to t...
Syndicated Content Sep 24, 2023
Asian shares subdued after brutal central bank week
By Stella Qiu SYDNEY (Reuters) - Asian shares were hesistant on Monday after central banks last week reinforced the message that interest rates will stay higher for longer, while investors braced for ...
Syndicated Content Sep 24, 2023
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