SHANGHAI (Reuters) – Tesla suspended production at its Shanghai plant on Saturday, according to an internal notice and two people…
German inflation to stay high for two years – adviser
BERLIN (Reuters) -Inflation is likely to remain high for another two years as companies pass on higher input costs and…
ECB must be ready to take the heat and raise rates more, Schnabel says
FRANKFURT (Reuters) – The European Central Bank must be prepared to take the heat and raise interest rates further, including…
China central banker calls for strengthening property sector policies
SHANGHAI (Reuters) – A top advisor to the People’s Bank of China on Saturday called for strengthening of real estate…
Mexico’s newest oil refinery now seen working at half capacity in mid-2023
By Adriana Barrera MEXICO CITY (Reuters) – Mexican state oil company Pemex’s newest refinery will reach half of its crude…
U.S. awards defense contract of over $1 billion to Lockheed Martin
By Kanishka Singh WASHINGTON (Reuters) -The U.S. awarded defense contracts to companies on Friday, including one of over a billion…
Exclusive-Twitter removes suicide prevention feature, says it’s under revamp
By Paresh Dave, Fanny Potkin and Sheila Dang (Reuters) -Twitter Inc removed a feature in the past few days that…
Wall Street ends up as investors eye data for rate prospects, energy outperforms
By Sinéad Carew and Ankika Biswas (Reuters) – The S&P 500 closed higher on Friday, in a light trading day…
Bankman-Fried, FTX execs received billions in hidden loans, ex-Alameda CEO says
By Luc Cohen and Tom Hals NEW YORK (Reuters) -Sam Bankman-Fried and other FTX executives received billions of dollars in…
FTX’s Bankman-Fried, charged with ‘epic’ fraud, released on $250 million bond
By Luc Cohen and Jody Godoy NEW YORK (Reuters) – Sam Bankman-Fried was released on a $250 million bond package…