WASHINGTON (Reuters) – The United States is not in a recession, White House chief of staff Ron Klain said on…
EV maker Polestar gets $1.6 billion from major shareholders
By Marie Mannes (Reuters) -Electric vehicle maker Polestar said on Thursday it had secured $1.6 billion in financing from its…
Stripe to lay off 14% of employees
(Reuters) – Stripe Inc is cutting its headcount by around 14%, the digital payments processing giant said in a blog…
Battling high inflation, sanctions, Russia to resume rate-cutting next year – Reuters poll
By Alexander Marrow MOSCOW (Reuters) – Russia will keep interest rates on hold for a few months before resuming monetary…
Central banks stay firmly in rate hike mode but slowdown on cards
LONDON (Reuters) – The United States, Australia, Britain and Norway have all raised interest rates this week in the latest…
Exclusive-Shell’s flagship LNG trading made nearly $1 billion loss in Q3 -sources
By Ron Bousso, Marwa Rashad and Dmitry Zhdannikov LONDON (Reuters) – Shell’s liquefied natural gas (LNG) trading division recorded a…
Runwise raises $19 million to improve buildings’ energy efficiency
By Juliette Portala (Reuters) – U.S.-based building technology firm Runwise said on Thursday it had raised $19 million in a…
U.S. productivity rebounds moderately in third quarter
WASHINGTON (Reuters) – U.S. worker productivity rebounded less than expected in the third quarter, resulting in continued upward pressure on…
Expert View: Bank of England lifts UK rates to 3% in historic hike
LONDON (Reuters) – The Bank of England raised UK interest rates to 3% on Thursday in its largest rate hike…
Tesla ships 71,704 China-made EVs in October – CPCA
(Reuters) – Tesla Inc delivered 71,704 China-made electric vehicles (EVs) in October, down 14% from a record high in the…