By David Shepardson WASHINGTON (Reuters) -With a revamped $7,500 electric vehicle tax credit taking effect Jan. 1, the U.S. Treasury…
U.S. Navy awards Amazon Web Services contract worth over $700 million
(Reuters) – The United States Navy on Monday awarded Amazon.com Inc’s cloud computing division a five-year enterprise software license contract…
Senator Warren, Tesla investor turn up heat over Musk’s Twitter role
By David Shepardson and Hyunjoo Jin WASHINGTON/SAN FRANCISCO (Reuters) – Senator Elizabeth Warren, a longtime critic of Tesla Inc boss…
Exclusive-U.S. lawmakers set to back Boeing 737 MAX certification extension
By David Shepardson WASHINGTON (Reuters) -Boeing Co is set to win backing from Congress for an extension of a looming…
Oil rises on hopes for China’s economy; recession fears limit gains
By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose on Monday, as optimism around China relaxing its COVID-19 restrictions outweighed…
EU countries agree gas price cap to contain energy crisis
By Kate Abnett BRUSSELS (Reuters) -European Union energy ministers on Monday agreed a gas price cap, after weeks of talks…
Honeywell to pay about $200 million to settle U.S., Brazilian bribery charges
By Chris Prentice and Tyler Clifford (Reuters) -U.S.-based manufacturer Honeywell International Inc on Monday said it has agreed to pay…
Marketmind: BOJ draws 2022 curtain on G7 policy
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The Bank of…
Wall St posts fourth straight drop, Treasury yields rise as recession fears weigh
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed sharply lower to extend their three-day losing streak on Monday…
Citgo Petroleum on track for $2.5 billion profit in 2022 – supervisory board
HOUSTON (Reuters) – Refiner Citgo Petroleum is on track for a $2.5 billion profit this year, which it plans to…