(Reuters) – Chipmakers across the globe are pouring billions of dollars in investment to set up new plants, encouraged by…
Portugal ends Golden Visas, curtails Airbnb rentals to address housing crisis
(This Feb. 16 story has been corrected to make clear that the scheme offers residency rights, not an EU passport,…
Factbox-Tech firms, Wall Street lead job cuts in corporate America
(Reuters) – Big Tech firms and Wall Street titans are leading a string of layoffs across corporate America as companies…
Eureka! Tesla says California is still home – for its engineering HQ
By Hyunjoo Jin and Akash Sriram SAN FRANCISCO (Reuters) -Elon Musk is not entirely abandoning California, saying on Wednesday that…
Factbox-Who could replace World Bank President David Malpass?
By Andrea Shalal, David Lawder and Valerie Volcovici WASHINGTON (Reuters) – The World Bank on Wednesday said it expects to…
CME to launch nickel contract using prices from new platform -sources
By Pratima Desai LONDON (Reuters) -CME Group plans to launch a nickel contract, settled with prices gathered from a platform…
Norfolk Southern CEO apologizes to Ohio townspeople, vows to ‘do what’s right’
(Reuters) -Norfolk Southern will take responsibility for cleaning up the environmental damage from this month’s train derailment and controlled detonation…
Third Point’s Loeb plans proxy contest at Bath & Body Works
By Svea Herbst-Bayliss NEW YORK (Reuters) -Billionaire investor Daniel Loeb told retailer Bath & Body Works on Wednesday that his…
Global shares, U.S. Treasury yields fall; Fed minutes called ‘outdated’
By Chibuike Oguh NEW YORK (Reuters) -Global equities and U.S. Treasury yields were lower on Wednesday as recent strong economic…
With inflation still the focus, Fed minutes show openness to higher rates endgame
By Howard Schneider and Michael S. Derby WASHINGTON (Reuters) -Nearly all Federal Reserve policymakers rallied behind a decision to further…