(Reuters) -It’s hard to know how high the U.S. central bank will need to raise interest rates, Minneapolis Federal Reserve…
GM aims to lower EV battery cost, locks up supply deal with Vale
By Ernest Scheyder and Paul Lienert (Reuters) – General Motors Co aims to slash the cost of electric vehicle battery…
U.S. Republicans aim to shorten EV mine permitting after House win
By Ernest Scheyder (Reuters) – Republicans will seek to boost American production of lithium, copper and other electric-vehicle metals after…
SNB’s Maechler: Rates will be raised if inflation forecast above target
By Paul Carrel GENEVA (Reuters) – The Swiss National Bank will raise interest rates further if it sees inflation projections…
Goldman sees China’s real GDP growth rising to 4.5% in 2023
NEW YORK (Reuters) – China is likely to post real gross domestic growth (GDP) of 4.5% next year, largely due…
Mexico keeps IMF credit line, to maintain access to around $47 billion
MEXICO CITY (Reuters) -The International Monetary Fund (IMF) concluded that Mexico still meets the eligibility criteria for a flexible credit…
Brazil’s government cuts 2023 GDP growth forecast as global economy weakens
BRASILIA (Reuters) – Brazil’s Economy Ministry on Thursday cut its 2023 GDP growth forecast to 2.1%, from the 2.5% anticipated…
FAA does not expect to certify Boeing 737 MAX 7 before end of year
WASHINGTON (Reuters) – The acting head of the Federal Aviation Administration (FAA) said Thursday he does not expect the agency…
Fonterra divests Chile operations for $641 million to Peru’s Gloria Foods
(Reuters) -New Zealand’s dairy exporter Fonterra Co-operative Group said on Friday that it was selling its dairy operations in Chile…
Chrysler recalling 280,000 heavy-duty trucks for fire risks
By David Shepardson WASHINGTON (Reuters) – Chrysler-parent Stellantis is recalling 280,000 Ram heavy-duty diesel trucks worldwide for fire risks, a…