Category Archives:
US confirms all Tesla Model 3 vehicles qualify for $7,500 tax credit
WASHINGTON (Reuters) - The Biden administration confirmed Tuesday that all Tesla Model 3 vehicles now qualify for $7,500 electric vehicle consumer tax credits after two versions saw credits fall in ha...
Jun 06, 2023
World Bank lifts 2023 global growth forecasts, but cuts next year’s outlook
By David Lawder WASHINGTON (Reuters) - The World Bank on Tuesday raised its 2023 global growth forecast as the U.S. and other major economies have proven more resilient than forecast, but said higher ...
Jun 06, 2023
Container shipping freight rates are too low, says Hapag Lloyd CEO
FRANKFURT (Reuters) -Global container shipping freight rates have reached unsustainable levels and must rebound, the chief executive of Germany's Hapag Lloyd, the world's number five operator by volum...
Jun 06, 2023
Crypto stocks fall after US SEC sues Coinbase over failure to register
(Reuters) - Shares of cryptocurrency and blockchain-related companies fell in premarket trading on Tuesday after the industry's biggest exchanges Coinbase Global and Binance found themselves in the cr...
Jun 06, 2023
U.S. Senate leader schedules classified AI briefings
WASHINGTON (Reuters) - Senate Majority Leader Chuck Schumer said on Tuesday he has scheduled three briefings for senators on artificial intelligence, including the first classified briefing on the top...
Jun 06, 2023
US interest rate swap market embraces new rate as LIBOR deadline nears
By Harry Robertson LONDON (Reuters) - New trades in the enormous U.S. dollar interest rate swap market have almost entirely stopped using the London Interbank Offered Rate (LIBOR) as the deadline for ...
Jun 06, 2023
Brazil’s May inflation seen at eight-month low, opening window for rate cuts: Reuters poll
By Gabriel Burin (Reuters) - Brazilian inflation probably declined to an eight-month low in May versus April, opening a much anticipated window for interest rate cuts in the second-half of the year, a...
Jun 06, 2023
BorgWarner sees EV, hybrid parts business generate nearly half of sales by 2027
(Reuters) - Auto parts supplier BorgWarner on Tuesday forecast its electrified-vehicle business would generate about half of its total expected sales of over $10 billion by 2027, as the company looks ...
Jun 06, 2023
J M Smucker sees smaller decline in annual sales on higher prices, steady demand
(Reuters) - Jif peanut butter maker J M Smucker Co forecast a smaller-than-expected decline in annual revenue on Tuesday, betting on higher prices and steady demand for its ready-to-eat meals and snac...
Jun 06, 2023
Airlines urge co-operation to help curb emissions
ISTANBUL (Reuters) - Airlines on Tuesday called for co-operation on a broad front to reach "very tough" emission targets and pledged at the end of a three-day summit to release interim climate targets...
Jun 06, 2023
Peoria, IL, USA
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