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Asian markets steady as investors await Fed chair’s testimony
By Scott Murdoch SYDNEY (Reuters) - Asian financial markets were little changed on Tuesday as investors awaited congressional testimony from Federal Reserve Chair Jerome Powell due to start later in t...
Syndicated Content Mar 06, 2023
GM’s Cruise to focus on cost cuts as it ramps up robotaxis
By Abhirup Roy SAN FRANCISCO (Reuters) - General Motors Co's robotaxi unit Cruise is focusing on cutting costs this year, a top executive said on Monday, as mounting losses in the autonomous vehicle c...
Syndicated Content Mar 06, 2023
Dollar subdued ahead of Powell testimony
By Ankur Banerjee SINGAPORE (Reuters) - The dollar was subdued on Tuesday ahead of testimony by Federal Reserve chair Jerome Powell, which investors will focus on for cues of the path the U.S. central...
Syndicated Content Mar 06, 2023
Japan destroys new rocket in space after second-stage engine failure
By Tim Kelly TOKYO (Reuters) -Japan said it had destroyed a new medium-lift rocket it launched into space on Tuesday after the vehicle's second-stage engine failed to ignite, in a blow to its efforts ...
Syndicated Content Mar 06, 2023
Philippines February CPI slows but rate hike still on the table
MANILA (Reuters) - Philippine annual inflation eased for the first time in six months in February owing to lower transport and food prices, but it is unlikely to budge the central bank from tightening...
Syndicated Content Mar 06, 2023
Meta must face trial over AI trade secrets, judge says
By Blake Brittain (Reuters) - Meta Platforms Inc lost a bid on Monday to end a lawsuit in Boston federal court claiming it stole confidential information from artificial-intelligence startup Neural Ma...
Syndicated Content Mar 06, 2023
Biden climate law will stumble without permitting reform, industry warns
HOUSTON - The Biden administration's climate law, which provides hundreds of billions of dollars in clean energy incentives to fight global warming, won't be fully effective without permitting reform,...
Syndicated Content Mar 06, 2023
CERAWEEK-‘Houston, we have a problem’-Energy industry grapples with climate fight
By Stephanie Kelly and Sabrina Valle HOUSTON (Reuters) - Top global energy executives and officials on Monday grappled with how to transition the global economy from fossil fuels to renewables quickly...
Syndicated Content Mar 06, 2023
Valentine’s Day spending boosts British retail sales in February – BRC
By Suban Abdulla LONDON (Reuters) - Valentine's Day helped to boost British retail sales in February but volumes remained down on last year as households cut back on non-essential items, a survey publ...
Syndicated Content Mar 06, 2023
Rivian plans to sell $1.3 billion in bonds to shore up capital, shares fall
SAN FRANCISCO (Reuters) - Rivian Automotive plans to sell bonds worth $1.3 billion, it said on Monday, as weakening demand and lofty costs tighten a cash crunch around electrical vehicle makers. Share...
Syndicated Content Mar 06, 2023
Peoria, IL, USA
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