By Ismail Shakil OTTAWA (Reuters) -Canada must strengthen its incentives meant to help industry scale up clean technologies after the…
Lam Research warns of up to $2.5 billion revenue hit from U.S. curbs on China exports
(Reuters) – Chip-making technology provider Lam Research Corp on Wednesday warned of a $2 billion to $2.5 billion revenue hit…
Credit Suisse currency rigging claims go before U.S. jury
By Jody Godoy (Reuters) -A U.S. jury began deliberating on Wednesday at a civil trial where Credit Suisse Group AG…
IBM expects to exceed annual revenue target on resilient cloud momentum
By Chavi Mehta (Reuters) -IBM Corp beat quarterly earnings estimates on Wednesday and said it expects to exceed full-year revenue…
U.S. says seven board directors resigned under antitrust pressure
WASHINGTON (Reuters) -Seven directors on the boards of five companies have resigned because of the U.S. Justice Department’s concerns over…
Investor group, unions push Hyundai to address child labor at U.S. suppliers
By Mica Rosenberg and Kristina Cooke NEW YORK/SAN FRANCISCO (Reuters) -A group that works with union pension funds is pressing…
Biden awards $2.8 billion to boost U.S. minerals output for EV batteries
By David Shepardson and Ernest Scheyder WASHINGTON (Reuters) -The Biden administration said on Wednesday it is awarding $2.8 billion in…
BNP sees Fed terminal rate of 5.25% in Q1, U.S. recession in Q2
NEW YORK (Reuters) – BNP Paribas expects the Federal Reserve to push the fed funds rate to a peak of…
U.S. Senate panel advances bill to rein in OPEC+ over oil output cut
WASHINGTON (Reuters) – A U.S. Senate committee this week quietly advanced a bill that seeks to rein in OPEC+ after…
Factbox-Energy crisis revives coal demand and production
(Reuters) – High natural gas prices and global competition for the fuel have driven more demand for thermal coal for…