Category Archives:
NY Fed May survey finds rising number of firms expect credit tougher to get
By Michael S. Derby NEW YORK (Reuters) - Leaders of factory and service sector firms in the New York Fed's district said access to credit has been mostly stable in May over the last three months, but ...
May 16, 2023
U.S. refiners build new oil processing as travel rises
By Erwin Seba HOUSTON (Reuters) - U.S. oil refiners aim to run at up to 94% of a total 17.9 million barrels per day processing capacity this quarter, according to company forecasts and analysts, drive...
May 16, 2023
U.S. forms team to set national strategy on flying air taxis
WASHINGTON (Reuters) - The Biden administration said Tuesday it has formed an interagency team to develop a national strategy on advanced air mobility efforts like flying taxis. Electric vertical take...
May 16, 2023
Italy and EU allies “have the numbers” to block Euro 7 emission rules, Salvini says
VERONA, Italy (Reuters) -Italy's transport minister said on Tuesday that Italy and its allies in the European Union can block the Euro 7 regulation which tightens vehicle emission limits for pollutant...
May 16, 2023
Yellen warns US default could trigger recession, ‘break’ financial markets
WASHINGTON (Reuters) - Treasury Secretary Janet Yellen on Tuesday warned that a U.S. default on government debt would leave millions of Americans without income payments, potentially triggering a rece...
May 16, 2023
Cultural center on wheels brings the arts closer to working-class Brazilians
By Steven Grattan and Leonardo Benassatto SAO PAULO (Reuters) - At one of Latin America's largest commuter bus terminals in Brazil's gritty downtown Sao Paulo, 84-year-old Rerizenil de Paula Santos wa...
May 16, 2023
Hippocratic Health raises $50 million seed funding to build AI model
By Krystal Hu (Reuters) - Hippocratic Health, a startup building artificial intelligence models for the healthcare industry, has raised $50 million in a larger-than-usual seed funding round, signaling...
May 16, 2023
Zoom invests in AI startup Anthropic in latest effort to spruce up offerings
(Reuters) - Zoom Video Communications Inc said on Tuesday it has invested an undisclosed sum in Anthropic and will integrate the artificial intelligence start-up's technology into its video-conferenci...
May 16, 2023
Greek PM says country has changed, seeks new mandate to speed up growth
By Renee Maltezou HERAKLION, Greece (Reuters) - Greek Prime Minister Kyriakos Mitsotakis told Reuters in an interview that he had learned to be bold on economic reform as he seeks re-election in a cou...
May 16, 2023
Mercedes plans new electric van platform, 20% cost cuts by mid-decade
By Nick Carey LONDON (Reuters) - Mercedes-Benz's van unit said on Tuesday that it plans a new, scalable platform for its electric vans that will reduce fixed costs by 20% by the middle of the decade a...
May 16, 2023
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