By Devayani Sathyan BENGALURU (Reuters) – New Zealand’s central bank will hike rates by 75 basis points for the first…
Top U.S., Japanese trade officials discuss electric vehicle tax credits -U.S. statement
WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai and Japanese industry minister Yasutoshi Nishimura discussed new U.S. electric vehicle tax…
Meta’s WhatsApp makes Brazil a key test market for business messaging
By Katie Paul (Reuters) – Meta Platforms said on Thursday its WhatsApp messaging service will introduce a commercial directory and…
GM promises profitable EVs, with a boost from Washington
By Joseph White DETROIT (Reuters) -General Motors Co expects its electric vehicles will make money in 2025, with recently enacted…
Fed’s Kashkari: not stopping rate hikes until inflation peaks
(Reuters) -It’s hard to know how high the U.S. central bank will need to raise interest rates, Minneapolis Federal Reserve…
GM aims to lower EV battery cost, locks up supply deal with Vale
By Ernest Scheyder and Paul Lienert (Reuters) – General Motors Co aims to slash the cost of electric vehicle battery…
U.S. Republicans aim to shorten EV mine permitting after House win
By Ernest Scheyder (Reuters) – Republicans will seek to boost American production of lithium, copper and other electric-vehicle metals after…
SNB’s Maechler: Rates will be raised if inflation forecast above target
By Paul Carrel GENEVA (Reuters) – The Swiss National Bank will raise interest rates further if it sees inflation projections…
Goldman sees China’s real GDP growth rising to 4.5% in 2023
NEW YORK (Reuters) – China is likely to post real gross domestic growth (GDP) of 4.5% next year, largely due…
Mexico keeps IMF credit line, to maintain access to around $47 billion
MEXICO CITY (Reuters) -The International Monetary Fund (IMF) concluded that Mexico still meets the eligibility criteria for a flexible credit…