By Hyunjoo Jin, Victoria Waldersee and Zoey Zhang (Reuters) – Tesla Inc has slashed prices globally on its electric vehicles…
Peru 2022 growth likely hindered by protests, says central bank official
LIMA (Reuters) – Peru’s economy likely grew slightly less than 2.9% last year, a senior central bank official said on…
Tough road ahead for U.S. fintech lenders as default risk rises
By Matt Tracy (Reuters) – U.S. fintech companies that lend to consumers with impaired credit scores face a tough year…
Meme stocks start 2023 on high note, though ride is a bumpy one
By Medha Singh and David Randall (Reuters) -Resurgent risk appetite among some investors is fueling rallies in the shares of…
BMW planning major investment in Mexico, minister says
MEXICO CITY (Reuters) – German carmaker BMW is planning a new major investment in the central Mexican state of San…
Stocks rise for sixth straight session, BOJ speculation lifts yen
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks scored its sixth straight session of gains on…
Airbus withdraws from U.S. FAA Boeing safety culture panel
By David Shepardson WASHINGTON (Reuters) – European planemaker Airbus said it had withdrawn from a U.S. government-named panel reviewing Boeing’s…
U.S. business lobby group lambasts FTC over proposed ban on non-compete clauses
(Reuters) – The U.S. Chamber of Commerce criticized on Thursday a proposed rule of the Federal Trade Commission (FTC) that…
China acquires ‘golden shares’ in two Alibaba units
BEIJING, China (Reuters) -China has acquired minority stakes with special rights in two domestic units of tech giant Alibaba Group…
Justice Department official cleared to oversee Google probes -source
By David Shepardson WASHINGTON (Reuters) – The Justice Department’s top antitrust official recently won approval from the department to oversee…