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Deputy U.S. Treasury chief says soft landing is possible
NEW YORK (Reuters) - Deputy U.S. Treasury Secretary Wally Adeyemo said on Wednesday the Biden administration feels confident about the U.S. economy going forward and that it is possible to bring down ...
Syndicated Content Sep 28, 2022
U.S. goods trade deficit narrows in August as imports fall
By Lucia Mutikani WASHINGTON (Reuters) - The U.S. trade deficit in goods narrowed in August amid a decline in imports, which is being driven by slowing domestic demand as the Federal Reserve aggressiv...
Syndicated Content Sep 28, 2022
Lilium aims to build 400 air taxis a year, seek grants
PARIS (Reuters) - German air taxi developer Lilium Air Mobility plans to set up industrial capacity to make some 400 of its electrically powered Lilium Jet flying shuttles a year, while tapping scheme...
Syndicated Content Sep 28, 2022
Ryanair says no hit to UK bookings yet in wake of sterling fall
By Conor Humphries DUBLIN (Reuters) -Ryanair has not seen any impact on bookings in the United Kingdom in the wake of the recent fall in the value of the pound and increase in domestic mortgage rates,...
Syndicated Content Sep 28, 2022
Tata Motors launches $10,000 electric car in India to further its lead
By Aditi Shah NEW DELHI (Reuters) -Tata Motors launched India's lowest priced electric car at a little over $10,000 on Wednesday as the country's only electric vehicle (EV) maker looks to draw in more...
Syndicated Content Sep 28, 2022
Nasdaq divides business into three units to streamline operations
(Reuters) - Nasdaq Inc said on Wednesday it was reorganizing its business into three divisions to focus on major growth areas as competition among trading exchanges was intensifying. It said Market Pl...
Syndicated Content Sep 28, 2022
U.S. new vehicle sales to increase on strong demand – report
(Reuters) - U.S. new vehicle sales are set to rise in September as consumers spent more money on new vehicles than any previous September on record, an industry report from consultants J.D. Power-LMC ...
Syndicated Content Sep 28, 2022
Porsche IPO books are closed ahead of listing on Thursday – bookrunners
FRANKFURT (Reuters) - The books for Volkswagen's listing of Porsche AG are closed, a bookrunner said on Wednesday, in line with the previously announced schedule for the initial public offering taking...
Syndicated Content Sep 28, 2022
EU countries at odds over possible gas price cap
By Kate Abnett BRUSSELS (Reuters) - European Union countries were at odds on Wednesday over whether to cap gas prices in the bloc, with France, Belgium and 13 other states stepping up their call for t...
Syndicated Content Sep 28, 2022
Pound drops more than 1% as Bank of England steps into bond market
By Harry Robertson LONDON (Reuters) -Sterling fell more than 1% against the dollar and euro on Wednesday after the Bank of England said it would step in to calm the UK's frenzied bond markets. The pou...
Syndicated Content Sep 28, 2022
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