NEW YORK (Reuters) – U.S. Deputy Treasury Secretary Wally Adeyemo said China was continuing to struggle with its zero-COVID policy…
U.S. Treasury’s Adeyemo says $60 oil price cap will limit Russia’s revenues
By Dan Burns NEW YORK (Reuters) -U.S. Deputy Treasury Secretary Wally Adeyemo applauded a European Union deal for a $60-a-barrel…
S&P warns of possible trebling of U.S., European default rates
LONDON (Reuters) – Credit rating firm S&P Global has warned that speculative-grade U.S. and European corporate default rates are likely…
Tesla to issue software updates for 435,000 cars in China over marker light issue
SHANGHAI (Reuters) -Tesla Inc will issue software updates for more than 435,000 vehicles in China to fix an issue with…
Investors with $30 trln to push companies on human rights, social issues
By Simon Jessop LONDON (Reuters) – More than 220 investors managing $30 trillion have signed up to a plan to…
Philadelphia Fed names new research chief
By Michael S. Derby (Reuters) – Roc Armenter will become the Federal Reserve Bank of Philadelphia’s new research director in…
Mexico’s factories grow again amid sales improvement, job creation
MEXICO CITY (Reuters) – Mexico’s manufacturing sector expanded for a third straight month in November, picking up its pace of…
Biden cites progress in tackling U.S. inflation
(Reuters) – The United States is seeing initial signs of progress in tackling inflation, President Joe Biden said after U.S.…
REUTERS NEXT: IMF chief sees higher chance of global growth below 2% in 2023
By Andrea Shalal and David Lawder NEW YORK (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva said on Thursday…
BMW invests in low carbon copper firm Jetti
By Eric Onstad LONDON (Reuters) – German carmaker BMW has invested in Jetti Resources, which has technology to extract more…