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Musk says vehicle autonomy is ‘main driver’ of Tesla value
PARIS (Reuters) -Tesla is close to achieving fully autonomous vehicles, CEO Elon Musk said during a visit to Paris on Friday, adding autonomy was the "main driver" of the brand's market value. The com...
Syndicated Content Jun 16, 2023
Analysis-ECB risks losing sight of ‘greedflation’ with laser-focus on wages
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) - The European Central Bank risks losing sight of corporate profits as a driver of inflation - or "greedflation" in market parlance - by zero...
Syndicated Content Jun 16, 2023
Cargill enters dispute for Brazil soy crusher’s assets
By Ana Mano SAO PAULO (Reuters) - The Brazilian unit of U.S. grains merchant Cargill has asked a bankruptcy court to halt the auction of two plants owned by soy crusher Imcopa, scheduled for June 27, ...
Syndicated Content Jun 16, 2023
US finds Minneapolis police had pattern of using excessive force
By Jonathan Allen (Reuters) -The U.S. Department of Justice released findings from its two-year investigation of the Minneapolis Police Department on Friday, concluding the department had a pattern or...
Syndicated Content Jun 16, 2023
Elon Musk repeats call for artificial intelligence regulation
PARIS (Reuters) - Billionaire Elon Musk, CEO of Tesla and owner of Twitter, reaffirmed on Friday his view that there should be a 'pause' on the development of artificial intelligence (AI) and that the...
Syndicated Content Jun 16, 2023
Fed see key services inflation elevated with few signs of easing
By Howard Schneider (Reuters) -Inflation in key parts of the U.S. service industry "remains elevated and has not shown signs of easing," the U.S. Federal Reserve said in its latest monetary policy rep...
Syndicated Content Jun 16, 2023
Brazil’s Localiza launches $935.5 million share offering to expand fleet
SAO PAULO (Reuters) - Brazilian car rental company Localiza said on Friday it will launch a follow-on share offering aimed at raising as much as 4.5 billion reais ($935.51 million) to expand its car f...
Syndicated Content Jun 16, 2023
Rheinmetall to boost propellant powder production by up to 600 tons per year -CEO
By Sabine Siebold BRUSSELS (Reuters) - Rheinmetall will ramp up production of propellant power for ammunition at its plant in the Bavarian town of Aschau by 500 to 600 metric tons per year, adding som...
Syndicated Content Jun 16, 2023
Brazil central bank to keep rates steady on June 21, cuts coming soon: Reuters poll
By Luana Maria Benedito and Gabriel Burin SAO PAULO/BUENOS AIRES (Reuters) - Brazil's central bank is set to keep its key interest rate unchanged on Wednesday for the last time in a policy hold period...
Syndicated Content Jun 16, 2023
US Senate panel to consider bill targeting failed bank executive pay
By Pete Schroeder WASHINGTON (Reuters) - The U.S. Senate Banking Committee will consider a bill Wednesday that would allow regulators to claw back compensation for executives at failed banks. The meas...
Syndicated Content Jun 16, 2023
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