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Signs of pain as easy cash era ends are growing
LONDON (Reuters) - The easy-cash era is over and markets are feeling the pinch from the sharpest jump in interest rate in decades. The collapse of U.S.-lender Silicon Valley Bank (SVB) in early March ...
Syndicated Content Mar 30, 2023
EU reaches deal on higher renewable energy share by 2030
BRUSSELS (Reuters) - The European Union reached a provisional deal on Thursday on higher renewable energy targets, an important pillar of the bloc's plans to fight climate change and end dependence on...
Syndicated Content Mar 30, 2023
Britain sets out next steps to green its financial system
LONDON (Reuters) - Britain's finance ministry set out plans on Thursday to meet its target of becoming the world's first net-zero aligned financial centre, proposing measures to stamp out so-called gr...
Syndicated Content Mar 30, 2023
Exclusive-Google says Microsoft’s cloud practices anti-competitive, slams deals with rivals
By Foo Yun Chee BRUSSELS (Reuters) - Alphabet's Google Cloud has accused Microsoft of anti-competitive cloud computing practices and criticised imminent deals with European cloud vendors, saying these...
Syndicated Content Mar 30, 2023
Factbox-How U.S. electric vehicle subsidy rules impact Europe
BRUSSELS (Reuters) - The U.S. Treasury Department is expected to give guidance on Friday on tax breaks for consumers buying electric vehicles and Europe's auto sector and policymakers will be closely ...
Syndicated Content Mar 30, 2023
German supply chain shortages ease but long way to go – ifo
BERLIN (Reuters) - German manufacturers are seeing fewer material shortages but Europe's largest economy is still a long way away from an ideal supply situation, according to an economic survey publis...
Syndicated Content Mar 30, 2023
Fashion retailer H&M posts surprise Dec-Feb profit, says spring season slow
STOCKHOLM (Reuters) -H&M, the world's second-biggest fashion retailer, reported on Thursday a surprise operating profit for the December-February period, despite weak demand as consumers curtailed spe...
Syndicated Content Mar 30, 2023
Analysis-Rate rises pile pain on SME firms in U.S. and Europe
By Chiara Elisei LONDON (Reuters) - U.S. and European small and medium-sized (SME) firms may be next to feel the pain of rapid interest rate rises, with analysts and investors warily watching for the ...
Syndicated Content Mar 30, 2023
China’s Country Garden posts 90% dip in 2022 core profit, record net loss
HONG KONG (Reuters) -China's top property developer Country Garden Holdings said on Thursday its core profit plunged 90% in 2022 and it posted a record net loss, hurt by a sluggish property market and...
Syndicated Content Mar 30, 2023
Tesla expects reduced tax credit for Model 3 by March-end
(Corrects to add missing letter in rear-wheel in first paragraph) (Reuters) -Tesla Inc said on Wednesday a $7,500 tax credit in place since January will be reduced for its Model 3 rear-wheel drive by ...
Syndicated Content Mar 30, 2023
Peoria, IL, USA
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