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In a faceoff with Elon Musk, the SEC blinked
By Chris Prentice and Michelle Price WASHINGTON (Reuters) - U.S. securities regulators have pulled their punches in dealings with Elon Musk largely because an April 2019 court hearing on a statement h...
Syndicated Content May 24, 2022
Uber seals taxi deal to expand its business in Italy
MILAN (Reuters) - Uber Technologies Inc has clinched a deal to integrate its ride-hailing app with Italy's largest taxi dispatcher as it seeks to boost its presence in the eurozone's third-largest eco...
Syndicated Content May 24, 2022
OECD chief ‘quietly optimistic’ about EU global minimum tax deal approval
By Dan Burns DAVOS, Switzerland (Reuters) - The head of the Organisation for Economic Cooperation and Development (OECD) on Tuesday said he was "quietly optimistic" a landmark deal to establish a glob...
Syndicated Content May 24, 2022
Futures fall after Snapchat owner’s profit warning
(Reuters) - U.S. stock index futures fell on Tuesday as a weak forecast from Snap Inc hit shares of social media companies, a day after Wall Street enjoyed a relief rally. The Snapchat owner's shares ...
Syndicated Content May 24, 2022
Indian oil minister says oil at $110 a barrel not sustainable
DAVOS, Switzerland (Reuters) - India's Oil Minister Hardeep Singh Puri told the World Economic Forum in Davos on Tuesday that a crude oil price of $110 a barrel was not sustainable, as the world faces...
Syndicated Content May 24, 2022
Central African Republic to launch bitcoin investment platform
BANGUI (Reuters) - Central African Republic will launch the continent's first legal cryptocurrency investment hub, the presidency said, extending the impoverished country's embrace of digital finance ...
Syndicated Content May 24, 2022
Exclusive-Neumann-backed climate tech venture Flowcarbon raises $70 million
By Simon Jessop LONDON (Reuters) - Flowcarbon, a blockchain-enabled carbon credit trading platform backed by WeWork founder Adam Neumann, has raised $70 million in its first major funding round, its c...
Syndicated Content May 24, 2022
Ukraine’s banking sector increases losses as war rages
KYIV (Reuters) - Ukraine's banking system posted a net loss of 7.4 billion hryvnias ($253 million) in January-April, a rise from 0.16 billion hryvnias in January-March, as Russia pressed on with its m...
Syndicated Content May 24, 2022
Explainer-Indonesia’s stop-start controls on palm oil exports
By Bernadette Christina and Fransiska Nangoy (Reuters) - Indonesian President Joko Widodo has agreed to allow palm oil exports to resume after a three-week ban, though it is unclear how rapidly shipme...
Syndicated Content May 24, 2022
U.S. motorists overlook high gas prices, plan to hit road for Memorial Day
By Stephanie Kelly and Arathy Somasekhar NEW YORK (Reuters) - U.S. Memorial Day weekend travel is expected to be the busiest in two years as more American drivers hit the road and shake off coronaviru...
Syndicated Content May 24, 2022
Peoria, IL, USA
42 °F Overcast
