By Howard Schneider WASHINGTON (Reuters) – Atlanta Federal Reserve President Raphael Bostic said Saturday he is ready to “move away” from three-quarter-point rate hikes at the Fed[...]
Read moreNovember 19, 2022
U.S. job market little affected by pandemic, say researchers
By Michael S. Derby BOSTON (Reuters) – For all the tumult and disruptions of the coronavirus pandemic, U.S. labor markets have come out on the other side not far from the strong conditions that[...]
Read moreEx-Bundesbank boss Weidmann to be nominated as Commerzbank supervisory board head
BERLIN (Reuters) – Former Bundesbank chief Jens Weidmann is to be a candidate to become chairman of Commerzbank’s supervisory board after Helmut Gottschalk decided not to stand for a new t[...]
Read moreVolkswagen-SAIC venture to close manual transmission plant in China
(This Nov. 18 story has been corrected to say workers will be offered support by the company, not necessarily new jobs in paragraph 5) BERLIN (Reuters) – A manual transmission plant owned by Vol[...]
Read moreTesla recalls 321,000 U.S. vehicles over rear light issue
By David Shepardson WASHINGTON (Reuters) -Tesla is recalling more than 321,000 vehicles in the United States because tail lights may intermittently fail to illuminate, the company said in a filing mad[...]
Read moreGermany plans to tighten rules for firms highly dependent on China – document
By Andreas Rinke BERLIN (Reuters) – Germany’s foreign ministry plans to tighten the rules for companies deeply exposed to China, making them disclose more information and possibly conduct[...]
Read moreFTX begins strategic review, seeks court relief to pay critical vendors
(Reuters) – Collapsed crypto exchange FTX said on Saturday it has launched a strategic review of its global assets and is preparing for the sale or reorganisation of some businesses. FTX, along[...]
Read moreAir India in talks with Airbus, Boeing to buy planes, says CEO
NEW DELHI (Reuters) – Tata Group-owned Air India is in talks with Boeing and Airbus about ordering new aircraft and is meeting its immediate needs by leasing planes and repairing grounded aircra[...]
Read moreElon Musk starts Twitter poll on whether to bring back Trump
By Hyunjoo Jin and Sheila Dang (Reuters) -Elon Musk started a Twitter poll late on Friday asking followers to vote on whether to reinstate former U.S. President Donald Trump’s account on the pla[...]
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