By Prerana Bhat BENGALURU (Reuters) – The U.S. Federal Reserve will end its tightening cycle after a 25-basis-point hike at…
South Korea Dec producer inflation slows for sixth month
SEOUL (Reuters) – South Korea’s producer inflation slowed in December for a sixth month, dropping to the lowest rate in…
Rating agencies expect U.S. debt ceiling agreement despite gridlock risks
By Davide Barbuscia NEW YORK (Reuters) -Rating agencies Moody’s and Fitch expect the U.S. Congress will likely reach an agreement…
Proterra to cut jobs, merge electric bus and battery production in South Carolina
(Reuters) – Proterra Inc said on Thursday it plans to cut more jobs and combine electric bus and battery production…
Airbus implements A350 design change amid Qatar Airways feud
By Tim Hepher LONDON (Reuters) – Airbus has carried out design changes to A350 passenger jets amid a $2 billion…
Fed will face tough choices the longer debt ceiling impasse persists -analysts
By Michael S. Derby NEW YORK (Reuters) – The standoff over the U.S. government’s borrowing limit is unlikely for now…
Tesla’s Gruenheide plant should ramp up output – local minister
By Victoria Waldersee HALLE, Germany (Reuters) – Tesla’s German Gruenheide plant still has some ramping up to do, the economy…
Davos 2023-Meta sees promise in generative AI, including for Instagram filters
DAVOS, Switzerland (Reuters) – Generative artificial intelligence, the umbrella technology behind the popular chatbot ChatGPT, has interesting applications for social…
Comply with EU rules or face ban, Breton tells TikTok CEO
By Supantha Mukherjee STOCKHOLM (Reuters) – Chinese social media company TikTok could face a ban in the European Union if…
Stocks fall, yields up; economic slowdown worries mount
By Caroline Valetkevitch NEW YORK (Reuters) – World stocks fell on Thursday and U.S. benchmark 10-year Treasury yields bounced up…