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Tesla wants to double the size of its European assembly plant- NYT
(Reuters) - Tesla Inc wants to double the production capacity of its assembly plant outside Berlin to one million electric vehicles a year, in a move that would make it Europe's largest car factory, t...
Syndicated Content Jul 19, 2023
US consumer watchdog warns no more ‘rubber stamp’ for bank mergers
By Douglas Gillison (Reuters) - U.S. lenders hoping for easy merger approvals in the wake of the March banking crisis should instead expect tough scrutiny from regulators worried about financial stabi...
Syndicated Content Jul 19, 2023
Fed set to launch long-awaited instant payments service, modernizing system
By Hannah Lang (Reuters) - The U.S. Federal Reserve is due to imminently launch a long-awaited service which will aim to modernize the country's payment system by eventually allowing everyday American...
Syndicated Content Jul 19, 2023
BofA cuts China’s 2023 growth forecast to 5.1%
(Reuters) - BofA Global Research on Thursday cut China's economic growth forecast for this year to 5.1% on a disappointing second-quarter gross domestic product (GDP) growth and potential delay in for...
Syndicated Content Jul 19, 2023
Four dead, more than 100 feared trapped, in landslide in India
MUMBAI (Reuters) - At least four people were killed and more than 100 are feared buried in a landslide in India's western state of Maharashtra after incessant rain soaked the region, media reported on...
Syndicated Content Jul 19, 2023
Sun protection becomes all the rage in China as temperatures soar
BEIJING (Reuters) - In scorching Beijing, "facekinis" are the hottest new fashion downtown as surging temperatures shatter records. With the mercury rising above 35 Celsius (95 Fahrenheit) and soaring...
Syndicated Content Jul 19, 2023
Exclusive-China’s state banks seen selling dollars offshore to slow yuan declines – sources
SHANGHAI (Reuters) - China's major state-owned banks were seen selling dollars to buy yuan in the offshore spot market in early Asian trades on Thursday, two people with direct knowledge of the matter...
Syndicated Content Jul 19, 2023
U.S. NHC: Tropical Storm Don continues to strengthen over central Atlantic
(Reuters) - Tropical Storm Don continues to intensify over the central Atlantic, the U.S. National Hurricane Center (NHC) said in its latest advisory on Wednesday, adding that more strengthening is fo...
Syndicated Content Jul 19, 2023
Asia stocks gain; US futures slip after Netflix, Tesla earnings
By Ankur Banerjee SINGAPORE (Reuters) - Asian stocks rose and sterling stumbled on Thursday as cooling UK inflation lifted risk appetite ahead of central bank meetings next week, while disappointing e...
Syndicated Content Jul 19, 2023
Tesla’s Elon Musk optimistic on progress for self-driving, robots
By Abhirup Roy SAN FRANCISCO (Reuters) - Tesla Chief Executive Elon Musk on Wednesday set new targets for artificial intelligence products including self-driving software and using humanoid robots in ...
Syndicated Content Jul 19, 2023
Peoria, IL, USA
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