By Ju-min Park SEOUL (Reuters) – In an upscale Seoul neighbourhood two years ago, a white Tesla Model X smashed…
U.S. business equipment borrowings grew 6% in October- ELFA
(Reuters) – U.S. companies borrowed 6% more in October to finance equipment investments compared with a year earlier, industry body…
Investors flock to short crypto funds, products as negative sentiment deepens -CoinShares
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Institutional investors rushed to crypto products that bet on price declines, posting record…
Oil rebounds from early plunge after Saudis deny OPEC+ output report
By Laila Kearney NEW YORK (Reuters) – Oil prices rebounded from early losses on Monday after Saudi Arabia denied a…
Fed’s Daly: Lots of options on table for December FOMC rate hike
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of San Francisco President Mary Daly said Monday that…
Honeywell to pay $1.3 billion to resolve asbestos-related claims
(Reuters) – Honeywell International Inc will pay $1.3 billion to end asbestos-related claims stemming from its former unit, the industrial…
U.S. grants $1.1 billion to keep Diablo Canyon nuclear plant open
By Timothy Gardner WASHINGTON (Reuters) – The Biden administration said on Monday it has approved conditional funding of up to…
U.S. rail shutdown would be ‘unacceptable,’ White House official says
WASHINGTON (Reuters) – A shutdown of U.S. rail lines would be “unacceptable,” because it would harm workers, families and businesses,…
France demands Twitter ensure it can preserve ‘safe environment’
PARIS (Reuters) – French regulator Arcom said on Monday it had sent a letter to Twitter asking it to ensure…
Bolivia lowers 2023 growth projection as general strike goes on
LA PAZ (Reuters) – Bolivia’s economy is forecast to grow 4.8% in 2023, less than the 5.1% growth previously forecast,…