Category Archives:
Analysis-GM goes slow on EVs as rivals fight a price war
By Joseph White and Paul Lienert DETROIT (Reuters) - General Motors Chief Executive Mary Barra is betting that moving more slowly than Tesla or Ford to accelerate electric vehicle production for North...
Jan 31, 2023
U.S. earnings run ahead of estimates, even as execs voice caution
By Bianca Flowers and Joseph White CHICAGO/DETROIT (Reuters) - The companies that produce goods at the heart of the U.S. consumer economy - SUVs, washing machines, heavy equipment and hamburgers - kep...
Jan 31, 2023
Lebanon to devalue currency by 90% on Feb. 1, central bank chief says
BEIRUT (Reuters) - Lebanon will adopt a new official exchange rate of 15,000 pounds per U.S. dollar on Feb. 1, central bank governor Riad Salameh said, marking a 90% devaluation from its current offic...
Jan 31, 2023
U.S. Treasury says no indication that U.S. funds were misused in Ukraine
By Andrea Shalal WASHINGTON (Reuters) - The U.S. Treasury Department on Tuesday said it had no indication that U.S. funds had been misused in Ukraine, but would continue to work closely with Ukrainian...
Jan 31, 2023
Airbus and Qatar edge towards agreement in A350 dispute -sources
PARIS (Reuters) - Airbus and Qatar Airways are edging towards an agreement to settle a bitter dispute over grounded A350 jets, two people familiar with the matter said on Tuesday. After months of publ...
Jan 31, 2023
U.S. consumer confidence ebbs in January; inflation expectations rise
WASHINGTON (Reuters) - U.S. consumer confidence unexpectedly fell in January as households continued to worry about the economy's prospects over the next six months, a survey showed on Tuesday. The Co...
Jan 31, 2023
U.S. Rep. Santos to recuse himself from committee assignments
WASHINGTON (Reuters) - U.S. Representative George Santos, who has admitted to fabricating much of his resume, told fellow Republican lawmakers on Tuesday he would not serve on committees for now, lawm...
Jan 31, 2023
U.S. house price inflation slows further in November
WASHINGTON (Reuters) - U.S. single-family home price growth cooled further in November, surveys showed on Tuesday, which together with declining mortgage rates could help to slow the housing market's ...
Jan 31, 2023
Brazil’s Finance Ministry not discussing changes to inflation targets
BRASILIA (Reuters) - Brazil's economic policy secretary Guilherme Mello said on Tuesday that discussions on changing inflation targets were not on the agenda of the Finance Ministry, stressing that th...
Jan 31, 2023
Silvergate pressed by senators after ‘evasive’ responses on FTX – Bloomberg Law
(Reuters) -U.S. senators have asked cryptocurrency-focused bank Silvergate Capital Corp if it knew about bankrupt exchange FTX's alleged misuse of customer funds after the lawmakers found the company'...
Jan 31, 2023
Peoria, IL, USA
42 °F Partly cloudy
