Category Archives:
Electric vehicle makers burning cash, slammed by sky-high costs
By Akash Sriram (Reuters) - Every time Lucid Group Inc or Rivian Automotive Inc sells an electric car, they are losing hundreds of thousands of dollars due to staggering raw material and production co...
Syndicated Content Nov 14, 2022
Marketmind: Reality check
A look at the day ahead in U.S. and global markets from Mike Dolan. After its best week in months, Wall St now has to assess what's durable from the euphoria surrounding October's inflation relief. Ho...
Syndicated Content Nov 14, 2022
U.S. Democrats aim at vote reform, gay marriage, debt ceiling in ‘lame duck’ Congress
By Moira Warburton and Richard Cowan WASHINGTON (Reuters) - Democrats in the U.S. Congress aim to pass bills protecting same-sex marriage, clarifying lawmakers' role in certifying presidential electio...
Syndicated Content Nov 14, 2022
In Colorado, oil firms fix leaky wells ahead of new rules
By Liz Hampton KERSEY, Colo. (Reuters) - Northern Colorado's biggest oil producing region is emerging as a test case for energy companies hoping to tackle the industry's most pressing regulatory and e...
Syndicated Content Nov 14, 2022
‘Cockeyed optimist’ Biden pushes unity with Republicans after Democrats retain Senate
By Nandita Bose and Andrea Shalal NUSA DUA, Indonesia/WASHINGTON (Reuters) - As election forecasts darkened for his Democratic party, U.S. President Joe Biden kept predicting things would turn around....
Syndicated Content Nov 14, 2022
Ghana’s president sacks minister of state for finance Adu Boahen
ACCRA (Reuters) -Ghana's President Nana Akufo-Addo has sacked Charles Adu Boahen, the minister of state for finance, the presidency said on Monday. In a statement, the president said he had taken the ...
Syndicated Content Nov 14, 2022
Morgan Stanley sees 150 bps BoE rate cuts in 2024
MILAN (Reuters) - Morgan Stanley expects the Bank of England (BoE) to cut interest rates by 150 basis points in 2024 after stopping its tightening cycle in March of next year. "The BoE stops hiking as...
Syndicated Content Nov 14, 2022
Brazil’s Embraer posts narrowed Q3 net loss, boosts free cash flow outlook
SAO PAULO (Reuters) - Brazilian planemaker Embraer SA on Monday reported an adjusted net loss of 93.8 million reais in the third quarter, narrowing from the 179.7 million-real loss seen a year ago. Th...
Syndicated Content Nov 14, 2022
SpaceX buys ad campaign on Twitter for Starlink, Musk says
(Reuters) - SpaceX-owned satellite internet service Starlink has ordered an advertising package from Twitter, Elon Musk, who owns both the rocket company as well as the social media platform, said in ...
Syndicated Content Nov 14, 2022
Too much ECB tightening could damage growth, Panetta says
FRANKFURT (Reuters) - The European Central Bank must keep raising rates but needs to avoid overtightening as that could destroy productive capacity and deepen a recession, ECB board member Fabio Panet...
Syndicated Content Nov 14, 2022
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