(Reuters) – The Biden administration’s sale of offshore wind development rights off the coast of California drew $757.1 million in…
Analysis-East Europeans count their pennies for Christmas as food costs soar
By Krisztina Than TISZAESZLAR, Hungary (Reuters) – Consumers in Eastern Europe are saving up to put their favourite carp and…
U.S banks warn of recession as inflation hurts consumers; shares fall
By Saeed Azhar and Noor Zainab Hussain NEW YORK (Reuters) -The biggest U.S. banks are bracing for a worsening economy…
Nutella maker Ferrero scoops up owner of Blue Bunny ice creams
MILAN (Reuters) – Italy’s Ferrero has agreed to buy U.S. based Wells Enterprises, which makes several ice creams brands including…
U.S. SEC to vote on proposals that could overhaul Wall St. trading
By John McCrank NEW YORK (Reuters) – The U.S. Securities and Exchange Commission will vote on whether to propose some…
U.S. blacklists companies for aiding Russian military
By David Shepardson WASHINGTON (Reuters) -The Biden administration on Wednesday added 24 companies and other entities to an export control…
Carvana talking to lawyers, bankers about debt restructuring – Bloomberg Law
(Reuters) -Carvana Co is speaking with lawyers and investment bankers about options for managing its debt load, Bloomberg Law reported…
Britain urges banks to offer mortgage flexibility in cost-of-living crisis
By Huw Jones and Iain Withers LONDON (Reuters) -Britain has called on banks to support households finding it difficult to…
U.S. lawmakers decline to add Boeing 737 MAX exemption in defense bill
By David Shepardson WASHINGTON (Reuters) -U.S. lawmakers late on Tuesday declined to add an extension to an annual defense bill…
U.S. agency opens safety probes into Honda, Jeep, Ram vehicles
By David Shepardson WASHINGTON (Reuters) – The U.S. National Highway Traffic Safety Administration (NHTSA) is opening new safety probes into…