By Nandita Bose, Jarrett Renshaw and Steve Holland WASHINGTON (Reuters) – U.S. President Joe Biden announced a plan on Wednesday…
Lafarge pleads guilty to U.S. charge of supporting Islamic State, to pay $778 million
By Luc Cohen and Karen Freifeld NEW YORK (Reuters) – French cement maker Lafarge pleaded guilty in U.S. court on…
BMW invests $1.7 billion to build electric vehicles in U.S
By David Shepardson SPARTANBURG, South Carolina (Reuters) -BMW AG said on Wednesday it will invest $1.7 billion to build electric…
BMW chief warns against setting gas-powered phase-out date
By David Shepardson GREENVILLE, South Carolina (Reuters) – Setting a date to phase out gas-powered vehicles could remove “cheap cars”…
Credit Suisse currency rigging claims go before U.S. jury
By Jody Godoy (Reuters) -A U.S. jury began deliberating on Wednesday at a civil trial where Credit Suisse Group AG…
Czech central banker Dedek: rate stability is favorable now -magazine
PRAGUE (Reuters) – The Czech National Bank should keep interest rates unchanged at the moment as the mortgage market has…
Freedom Holding Corp to cut ties with Russian business amid sanctions
MOSCOW (Reuters) – U.S.-listed Freedom Holding Corp, a financial services firm focused on East Europe and Central Asia, is to…
BNP sees Fed terminal rate of 5.25% in Q1, U.S. recession in Q2
NEW YORK (Reuters) – BNP Paribas expects the Federal Reserve to push the fed funds rate to a peak of…
U.S. Senate panel advances bill to rein in OPEC+ over oil output cut
WASHINGTON (Reuters) – A U.S. Senate committee this week quietly advanced a bill that seeks to rein in OPEC+ after…
Factbox-Energy crisis revives coal demand and production
(Reuters) – High natural gas prices and global competition for the fuel have driven more demand for thermal coal for…