By Alexandra Alper WASHINGTON (Reuters) -The Biden administration on Thursday added Chinese memory chipmaker YMTC and 21 “major” Chinese players…
Chinese firms avert delisting as U.S. audit watchdog gets full inspection access
By Chris Prentice, Xie Yu and Susan Heavey NEW YORK/HONG KONG/WASHINGTON (Reuters) -The U.S. accounting watchdog on Thursday said it…
Wall Street slumps as Fed heightens recession fears
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stock indexes closed sharply lower on Thursday, with each of the major…
Musk cashes out another $3.6 billion in Tesla stock
By Maria Ponnezhath and Hyunjoo Jin (Reuters) -Tesla boss Elon Musk disclosed another $3.6 billion in stock sales on Wednesday,…
U.S. retail sales post biggest drop in 11 months; labor market tight
By Lucia Mutikani WASHINGTON (Reuters) -U.S. retail sales fell more than expected in November, but consumer spending remains supported by…
World Bank’s private arm launches $2 billion program to help Ukrainian businesses
By Andrea Shalal WASHINGTON (Reuters) – The World Bank’s private investment arm on Thursday said it had launched a $2…
Stocks slump, greenback gains as central banks continue inflation battle
By Lawrence Delevingne (Reuters) -Global shares slumped on Thursday, while the U.S. dollar gained and Treasury yields ticked down, after…
Adding EVs to U.S. biofuels law is environmental agency’s 2023 task
By Stephanie Kelly NEW YORK (Reuters) – The Biden administration could change the nation’s biofuel blending law next year to…
Keystone pipeline break spilled diluted bitumen, complicating cleanup
By Rod Nickel and Mrinalika Roy (Reuters) -The oil spilled from TC Energy Corp’s ruptured Keystone pipeline was diluted bitumen,…
Italy minister takes swipe at ECB after policy moves hit markets
ROME (Reuters) – An Italian minister and co-founder of Prime Minister Giorgia Meloni’s party sarcastically took aim at the European…