By Echo Wang (Reuters) – Wall Street’s main indexes closed higher on Thursday, led by growth stocks in light trading,…
EU gives guarded welcome to U.S. guidance on EV tax credits
BRUSSELS (Reuters) – The European Commission gave a guarded welcome on Thursday to guidance by the United States meaning that…
Hedge funds set to mark worst returns in 14 years
By Patturaja Murugaboopathy and Summer Zhen (Reuters) – Global hedge funds are set to register their worst returns in 14…
U.S. Treasury says consumer leases can qualify for EV tax credits
By David Shepardson (Reuters) -The U.S. Treasury Department said on Thursday that electric vehicles leased by consumers can qualify starting…
Wall Street surges in dip-buying rally, oil falls
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed sharply higher on Thursday, powered by a rebound in recently…
Biden admin to hold Southwest accountable if it fails to fulfill pledges to customers -Buttigieg
WASHINGTON (Reuters) – The Biden administration will hold Southwest Airlines “accountable” if it fails to fulfill commitments to customers for…
Analysis-Is the party over? Mexico’s peso could lose solid gains in 2023
By Noe Torres MEXICO CITY (Reuters) – Mexico’s peso, which is ending 2022 with one of its strongest performances in…
FTX customers ask bankruptcy court to keep their names secret
By Dietrich Knauth (Reuters) – A group of FTX customers from outside the United States have asked a U.S. bankruptcy…
TC Energy says Keystone pipeline returns to service
(Reuters) -Canadian pipeline operator TC Energy Corp said on Thursday it had completed a controlled restart of its Keystone crude…
Novartis to pay $245 million to end antitrust cases over Exforge drug generics
By Jonathan Stempel NEW YORK (Reuters) -Novartis AG said on Wednesday it will pay $245 million to end antitrust litigation…