By Blake Brittain WASHINGTON (Reuters) -The U.S. Supreme Court on Monday decided to referee a dog fight, agreeing to hear…
Real impact of Fed hikes likely bigger than what target rate implies, Daly says
By Michael S. Derby (Reuters) -San Francisco Federal Reserve President Mary Daly said on Monday the real-world impact of the…
Tesla safety at centre of South Korean trial over fiery, fatal crash
By Ju-min Park SEOUL (Reuters) – In an upscale Seoul neighbourhood two years ago, a white Tesla Model X smashed…
U.S. rail shutdown would be ‘unacceptable,’ White House official says
WASHINGTON (Reuters) – A shutdown of U.S. rail lines would be “unacceptable,” because it would harm workers, families and businesses,…
U.S. Supreme Court spurns challenge to Seattle’s hotel worker insurance mandate
By Daniel Wiessner (Reuters) -The U.S. Supreme Court on Monday turned away a challenge to a 2018 Seattle law requiring…
Russian firms cut forex loans, exposure in Oct -central bank
MOSCOW (Reuters) – Russian companies reduced their foreign currency loans by $7.4 billion last month and have also cut forex…
Saudi denies oil output hike discussion, says OPEC+ may cut if needed
(Reuters) -Saudi Arabia on Monday said that OPEC+ was sticking with oil output cuts and could take further measures to…
ECB’s Centeno sees possibility of rate hike smaller than 75 bps
LISBON (Reuters) -The next increase in interest rates by the European Central Bank could be smaller than the record 75…
Credit outlook darkens for non-financial companies, Moody’s says
By Juliette Portala (Reuters) – The outlook for credit conditions next year for non-financial companies in Europe, Middle East and…
Russia eases capital movement controls
MOSCOW (Reuters) – Russia’s central bank will in some cases allow authorised banks and state development bank VEB to export…