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EU Commission examines Italy’s tax case against Meta – sources
By Emilio Parodi MILAN (Reuters) - An Italian tax claim against Facebook parent Meta has been escalated to the EU Commission's VAT committee for evaluation, three sources with direct knowledge of the ...
Syndicated Content Dec 22, 2023
Fed rate cuts to remain in view for 2024, even as rate-setters shift
By Ann Saphir SAN FRANCISCO (Reuters) - The annual rotation on the U.S. Federal Reserve's interest-rate-setting committee means its 2024 voting members lean slightly more hawkish than the outgoing gro...
Syndicated Content Dec 22, 2023
Hedge funds seek double-digit returns in 2024 after year of outflows
By Carolina Mandl, Nell Mackenzie and Summer Zhen NEW YORK/LONDON/HONG KONG (Reuters) - A blistering rally in stocks and elevated bond yields are pressuring global hedge funds to boost returns as they...
Syndicated Content Dec 22, 2023
Marketmind- Disinflation: The gift that keeps on giving
A look at the day ahead in European and global markets from Tom Westbrook Before they head off for the Christmas and year-end break, markets will get one last glimpse of the U.S. inflation picture wit...
Syndicated Content Dec 21, 2023
Japan Nov industrial output seen swinging back to contraction: Reuters poll
TOKYO (Reuters) - Japan's industrial output in November likely swung back to contraction for the first time in three months, a Reuters poll of analysts showed on Friday, dented by sluggish demand and ...
Syndicated Content Dec 21, 2023
Tesla launches Shanghai megapack battery project – Chinese state media
BEIJING (Reuters) - Tesla on Friday launched its new megapack battery manufacturing project in Shanghai, according to Chinese state media. A signing ceremony for land acquisition of the project, capab...
Syndicated Content Dec 21, 2023
Boeing’s first Dreamliner delivery to China since 2019 to land Friday
(Reuters) - Boeing's first direct delivery of a 787 Dreamliner to China since 2019 is set to land in Shanghai on Friday, a step that could hasten the end of China's freeze on deliveries of the firm's ...
Syndicated Content Dec 21, 2023
Biting cold to loosen grip as temperatures to creep higher in China
By Liz Lee BEIJING (Reuters) - After almost two weeks of below-freezing weather brought by a cold wave that swept through most of China, a round of warm air will begin to flow from the country's north...
Syndicated Content Dec 21, 2023
Indonesia to fine palm oil companies $310 million for operating in forests
JAKARTA (Reuters) - Indonesia said on Friday that it would slap palm oil companies operating within forest areas with fines amounting to a total of 4.8 trillion rupiah ($310.1 million). More than 475 ...
Syndicated Content Dec 21, 2023
Cybertruck designer says Tesla stainless steel pickup is no experiment
By Nichola Groom and Cath Turner LOS ANGELES (Reuters) - The angular, polarizing design of the Cybertruck will help boost the Tesla brand, the electric vehicle maker's chief designer said on Thursday,...
Syndicated Content Dec 21, 2023
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