Category Archives:
Tesla scales back German battery plans, won over by U.S. incentives
By Victoria Waldersee BERLIN (Reuters) - Tesla has paused plans to produce entire batteries in Brandenburg, Germany, and will instead carry out some production steps in the United States where tax inc...
Syndicated Content Feb 21, 2023
Quick euro zone wage growth is just normal catch up, ECB’s Lagarde says
FRANKFURT (Reuters) - Euro zone wages are now catching up after rapid inflation eroded their purchasing power and there is no wage-price spiral underway, European Central Bank President Christine Laga...
Syndicated Content Feb 21, 2023
BlackRock ‘overweights’ China, Treasuries as inflation lingers
(Reuters) -BlackRock Investment Institute raised U.S. short-term government bonds as well as Chinese and other emerging market stocks to "overweight" on Tuesday, saying investors were realizing that t...
Syndicated Content Feb 21, 2023
Incoming BOJ head to speak in Diet as markets renew attack on yield cap
By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) - Incoming Bank of Japan (BOJ) Governor Kazuo Ueda will speak in parliament on Friday and next Monday, as the central bank's yield cap comes under...
Syndicated Content Feb 21, 2023
With ostrich feathers and flying oranges, Belgian carnival returns after COVID
By Gabriela Baczynska BINCHE, Belgium (Reuters) - Around a thousand performers clad in traditional costumes featuring white wax masks and hats adorned with huge ostrich feathers paraded to the sound o...
Syndicated Content Feb 21, 2023
HSBC cuts staff bonus pool, lifts CEO Quinn’s total pay
By Lawrence White and Iain Withers LONDON (Reuters) - HSBC cut its annual bonus pool by 4% to $3.4 billion in 2022, the bank said on Tuesday, as a global slump in dealmaking led it to trim awards for ...
Syndicated Content Feb 21, 2023
Amazon Web Services pairs with Hugging Face to target AI developers
By Stephen Nellis (Reuters) - Amazon Web Services (AWS), the cloud computing arm of Amazon.com Inc, on Tuesday said it is collaborating with startup Hugging Face, a software development hub, to make i...
Syndicated Content Feb 21, 2023
Biden to roll out new asylum restrictions at U.S.-Mexico border -sources
By Ted Hesson WASHINGTON (Reuters) -The Biden administration could bar tens of thousands of migrants arriving at the U.S.-Mexico border from claiming asylum if they passed through another country en r...
Syndicated Content Feb 21, 2023
U.S. orders Norfolk Southern to clean polluted Ohio derailment site
By Valerie Volcovici WASHINGTON (Reuters) - The U.S. government on Tuesday ordered rail operator Norfolk Southern to clean up contaminated soil and water at the site of a train derailment in East Pale...
Syndicated Content Feb 21, 2023
Mormon church and investment co to pay $5 million for misleading public -SEC
By Pete Schroeder WASHINGTON (Reuters) - The Church of Jesus Christ of Latter-day Saints (LDS) and its investment management company have agreed to pay a combined $5 million to settle charges they pre...
Syndicated Content Feb 21, 2023
Peoria, IL, USA
43 °F Thunderstorm In Vicinity, Light Rain, Mist
