By Anirban Sen and Shankar Ramakrishnan NEW YORK (Reuters) -The banks providing $13 billion in financing for Tesla CEO Elon…
Moody’s cuts UK outlook to ‘negative’ over political turmoil
(Reuters) -Ratings agency Moody’s on Friday lowered the United Kingdom’s outlook to “negative” from “stable” over ongoing political turmoil, weaker…
Exclusive-Korean auto giant Hyundai investigating child labor in its U.S. supply chain
By Joseph White and Joshua Schneyer DETROIT (Reuters) -Hyundai Motor Co, Korea’s top automaker, is investigating child labor violations in…
Goldman: U.S. SPR crude releases to have modest price influence
(Reuters) – The Biden administration’s plan to continue releasing the Strategic Petroleum Reserves (SPR) “as appropriate” to bring down retail…
Google calls India antitrust watchdog’s Android decision a “setback” for consumers
BENGALURU (Reuters) -Alphabet Inc’s Google said on Friday that the Indian antitrust watchdog’s decision to fine it 13.38 billion Indian…
Yellen says inflation not ’embedded’ in U.S. economy, research to boost capacity
By David Lawder HERNDON, Va. (Reuters) – U.S. Treasury Secretary Janet Yellen said on Friday that inflation was not becoming…
Fed’s rate debate shifts to how, and when, to slow down
By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve, set to approve another large interest rate increase early next month,…
Fed’s Daly says it’s time to start talking about slowing rate hikes
By Ann Saphir (Reuters) – The U.S. central bank should avoid putting the economy into an “unforced downturn” by raising…
U.S. carriers add transatlantic flights for travel-hungry consumers
By Rajesh Kumar Singh CHICAGO (Reuters) – U.S. carriers including Delta Air Lines and United Airlines are betting big on…
White House in talks with Musk to set up Starlink in Iran – CNN
(Reuters) – The White House is in talks with billionaire Elon Musk about setting up SpaceX’s satellite internet service Starlink…