By Daniel Wiessner (Reuters) – Tesla Inc has suffered another setback in its bid to challenge the powers of California’s…
ECB needs several more significant rate hikes, Rehn says
FRANKFURT (Reuters) -The European Central Bank must still raise interest rates “significantly” over its coming meetings to restrict growth and…
Analysis-Investors brace for U.S. debt-ceiling fight after House speaker saga
By Lewis Krauskopf and Davide Barbuscia NEW YORK (Reuters) – A tumultuous start for the new U.S. Congress has some…
Explainer-Why U.S. flights were grounded by a FAA system outage
(Reuters) – The Federal Aviation Administration (FAA) allowed some flights to resume after an outage of the system that alerts…
World Bank warns global economy could tip into recession in 2023
(This Jan. 10 story has been corrected to show the euro zone 2023 GDP forecast as flat, not 0.5% growth)…
French unions gear up for fight against delayed retirement
By Noemie Olive and Ingrid Melander PARIS (Reuters) – French unions and opposition parties on Wednesday said they would fight…
Analysis-Gated UK property funds are open to further risk
By Carolyn Cohn and Elizabeth Howcroft LONDON (Reuters) – UK property funds face further exit requests, asset fire sales and…
Billionaires’ squabble stalls Australia-to-Asia solar power project
By Sonali Paul and Harshita Swaminathan MELBOURNE (Reuters) -The developer of a $21-billion project aiming to deliver solar power to…
World Bank sees India growth slowing to 6.6% in FY24
MUMBAI (Reuters) – India’s economic growth will slow to 6.6% in the next fiscal year from an expected 6.9% in…
Exclusive-Apple supplier BOE plans new factories in Vietnam -sources
By Francesco Guarascio HANOI (Reuters) – Chinese display maker BOE Technology Group Co Ltd, a supplier of both Apple Inc…