By Herbert Lash and Carolyn Cohn NEW YORK/LONDON (Reuters) -Treasury yields rose and Wall Street stocks fell on Friday after…
Stellantis to indefinitely idle Illinois plant, cites EV costs
By David Shepardson and Ben Klayman WASHINGTON/DETROIT (Reuters) -Chrysler parent Stellantis on Friday said it will indefinitely halt operations at…
Oil drops in volatile trade, records biggest weekly slump in months
By Shariq Khan (Reuters) -Oil price settled lower in volatile trading on Friday, with both benchmarks recording their biggest weekly…
Ex-JPMorgan, Credit Suisse trader convicted at U.S. spoofing trial
(Reuters) – A former trader at JPMorgan Chase & Co and Credit Suisse was convicted of fraud in U.S. court…
Dollar edges up against euro after U.S. inflation data
By John McCrank and Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar edged higher against the euro on Friday after…
Big Oil does little to act on climate despite vows -U.S. House panel
By Timothy Gardner WASHINGTON (Reuters) -Major energy companies are not doing enough to prevent the worst effects of climate change…
Ericsson and Apple end patent-related legal row with licence deal
STOCKHOLM (Reuters) -Ericsson said on Friday it had struck a global patent licence agreement with Apple, ending a row over…
China urges U.S. to respect WTO panel ruling – statement
GENEVA (Reuters) – China urged the United States to respect a World Trade Organization ruling on Friday which found that…
Thales-Hitachi rail signal deal delayed as UK raises competition concerns
(Reuters) – Britain’s competition watchdog is concerned Japan’s Hitachi acquisition of France’s Thales railway signalling business may result in higher…
Putin says Russia could cut oil production over West’s ‘stupid’ price cap
By Vladimir Soldatkin and Guy Faulconbridge MOSCOW (Reuters) -Russia, the world’s biggest exporter of energy, could cut oil production and…