By Jody Godoy SAN FRANCISCO (Reuters) -Tesla Inc CEO Elon Musk “lied” when he said that funding was “secured” to…
Wall St sinks after weak data, hawkish Fed comments
By Sinéad Carew and Shreyashi Sanyal (Reuters) – The S&P 500 and the Dow lost almost 2% on Wednesday, their…
Exclusive-U.S. energy head warns Republicans oil bill would lift pump prices
By Nandita Bose and Jarrett Renshaw WASHINGTON (Reuters) -U.S. Energy Secretary Jennifer Granholm warned Republicans in a letter seen by…
UK property market weakest since 2010 as uncertainty weighs: RICS
By Suban Abdulla LONDON (Reuters) – British house prices registered the most widespread falls in 13 years last month as…
Microsoft to shed 10,000 jobs, adding to glut of tech layoffs
By Jeffrey Dastin and Yuvraj Malik DAVOS, Switzerland (Reuters) – Microsoft Corp on Wednesday said it would eliminate 10,000 jobs…
India govt switches bonds with cenbank in a cash-neutral deal
MUMBAI (Reuters) – The Indian government bought back bonds maturing in 2024 from the Reserve Bank of India on Tuesday,…
U.S. to announce international cryptocurrency action -statement
WASHINGTON (Reuters) – The U.S. Justice Department will “announce a major, international cryptocurrency enforcement action” on Wednesday, it said in…
U.S. airlines sound bullish on travel demand despite recession risk
By Rajesh Kumar Singh CHICAGO (Reuters) – U.S. airlines on the back of strong financial results remain upbeat about travel…
Croatia clashes with traders over post-euro ‘wild’ price hikes
By Antonio Bronic and Daria Sito-Sucic ZAGREB (Reuters) – The Croatian government and businesses are at loggerheads as traders dismiss…
U.S. retail sales post biggest drop in a year; inflation retreating
By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales fell by the most in a year in December, pulled down…