Category Archives:
US debt ceiling deal strands $16 billion of defense side-projects
By Mike Stone and Patricia Zengerle WASHINGTON (Reuters) - A $16 billion list of lower-priority defense items like tanks, helicopter upgrades and a ship, that would normally be paid for as part of the...
Jun 02, 2023
Analysis-Risk of US downgrade still on the cards despite debt deal
By Davide Barbuscia NEW YORK (Reuters) - While a U.S. default on its debt has been averted, the possibility of another credit rating downgrade still remains, as eleventh-hour debt ceiling negotiations...
Jun 02, 2023
Citigroup CEO says IPO of Mexico unit is best for shareholders
NEW YORK (Reuters) - Citigroup CEO Jane Fraser said scrapping the sale of its Mexican retail business, known as Banamex, and pursuing an initial public offering was in the best interest of shareholder...
Jun 02, 2023
American Airlines aviators reject merger with world’s largest pilots’ union
(Reuters) - American Airlines Group's pilot leaders have rejected efforts to join the Air Line Pilots Association (ALPA), union spokesman for the U.S. carrier's aviators, Dennis Tajer, said on Friday....
Jun 02, 2023
Argentina to renew, expand China currency swap line
By Eliana Raszewski BUENOS AIRES (Reuters) - Argentina has signed a deal to renew and potentially expand its currency swap line with China, the South American country's central bank said in a statemen...
Jun 02, 2023
US ends probe of Pence documents with no charges -reports
WASHINGTON (Reuters) - The U.S. Department of Justice has closed its investigation into former Vice President Mike Pence without filing any charges related to classified documents found in his Indiana...
Jun 02, 2023
World Bank’s new chief asks staff to ‘double down’ on development, climate efforts
By David Lawder WASHINGTON (Reuters) - The World Bank's new president Ajay Banga on Friday asked the lender's 16,000 staff to "double down" on development and climate efforts as he seeks to accelerate...
Jun 02, 2023
In challenge to Meta, Apple expected to unveil mixed-reality headset
By Stephen Nellis SAN FRANCISCO (Reuters) - Apple Inc is widely expected to announce a new headset that will blend video of the outside world with the virtual one at its annual software developer conf...
Jun 02, 2023
India’s Tata Group signs $1.6 billion EV battery plant deal
By Sumit Khanna AHMEDABAD (Reuters) - India's Tata Group signed an outline deal on Friday on building a lithium-ion cell factory, based on investment of about 130 billion rupees ($1.58 billion), as pa...
Jun 02, 2023
US farm agency to close damaged research building after worker complaint
By Leah Douglas WASHINGTON (Reuters) - The U.S. Department of Agriculture will temporarily close a damaged laboratory building at its flagship Maryland research site, a spokesperson told Reuters, shor...
Jun 02, 2023
Peoria, IL, USA
42 °F Overcast
