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Ford investing $700 million in Kentucky truck plant, adding 500 jobs
By David Shepardson (Reuters) - Ford Motor Co said Tuesday it will invest $700 million and add 500 jobs at its Kentucky plant to support production of its new 2023 model year F-Series Super Duty truck...
Syndicated Content Sep 27, 2022
EU countries eye delay to levy on fossil fuel windfall profits – document
By Kate Abnett BRUSSELS (Reuters) - European Union countries are considering an option to delay by a year a levy on the windfall profits of fossil fuel companies, as they hunt for a deal on emergency ...
Syndicated Content Sep 27, 2022
Exclusive-China prepares to tweak yuan fixing process to slow its fall -source
SHANGHAI (Reuters) - Chinese monetary authorities are asking local banks to revive a yuan fixing tool it abandoned two years ago as they seek to steer and defend the rapidly weakening currency, a sour...
Syndicated Content Sep 27, 2022
Euro sculpture in Frankfurt rescued by crypto firm
FRANKFURT (Reuters) - A giant blue euro sculpture in the heart of Frankfurt's financial district has a new benefactor: The firm behind a sharia-compliant cryptocurrency. The future of the sculpture, i...
Syndicated Content Sep 27, 2022
U.S. Education Department sued over Biden’s student loan cancellation plan
By Kanishka Singh WASHINGTON (Reuters) - Conservative group Pacific Legal Foundation filed a federal lawsuit Tuesday against the U.S. Department of Education with the intent of stopping President Joe ...
Syndicated Content Sep 27, 2022
Wall Street WhatsApp probe set to result in historic fine – Bloomberg Law
(Reuters) - U.S. regulators are set to announce a settlement with firms across Wall Street for failing to monitor employees using unauthorized messaging apps, Bloomberg Law reported on Tuesday, citing...
Syndicated Content Sep 27, 2022
U.S. lawmakers want Biden to take action on outbound investment to China
WASHINGTON (Reuters) - A group of lawmakers including House Speaker Nancy Pelosi, Senate Majority Leader Chuck Schumer and Republican Senator John Cornyn on Tuesday called on President Joe Biden to is...
Syndicated Content Sep 27, 2022
Italian state lender CDP readies offer for TIM’s network after national vote
MILAN (Reuters) - Italian state lender CDP is readying a preliminary offer for Telecom Italia's landline grid, it said on Tuesday, as it presses ahead with plans to create a single broadband company w...
Syndicated Content Sep 27, 2022
Bullard: Recession a risk, but more on a global than U.S. basis
WASHINGTON (Reuters) - Rapid U.S. interest rate increases have raised the risk of a recession, but it is likely to be caused by an outside shock rather than from a collapse of a U.S. economy that rema...
Syndicated Content Sep 27, 2022
Bank of England’s Pill sees “significant” move, but only in November
By David Milliken and Marc Jones LONDON (Reuters) -The Bank of England is likely to deliver a "significant policy response" to finance minister Kwasi Kwarteng's huge tax cuts but it should wait until ...
Syndicated Content Sep 27, 2022
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