By Jane Lanhee Lee and David Shepardson PHOENIX/WASHINGTON (Reuters) -Taiwan chipmaker TSMC plans to build a second chip plant in Arizona and more than triple its initial investment to $40 billion, es[...]
Read moreDecember 6, 2022
U.S. agency opens safety probes into Honda, Jeep, Ram vehicles
By David Shepardson WASHINGTON (Reuters) – The U.S. National Highway Traffic Safety Administration (NHTSA) is opening new safety probes into 1.72 million Honda vehicles, 230,000 Jeeps and 390,07[...]
Read moreCryptoverse: Forget crypto winter, this is a bitcoin ‘bloodbath’
By Medha Singh and Lisa Pauline Mattackal (Reuters) – “I’m nearly bankrupt,” says Jad Fawaz, a crypto trader in Abu Dhabi. “I’m laughing because there’s no po[...]
Read moreUruguay’s free-trade deal ambitions rattle South American trade bloc
By Fabian Werner MONTEVIDEO (Reuters) – South America’s major Mercosur trade bloc, which includes regional powerhouses Brazil and Argentina, has been rattled by one of its smaller members,[...]
Read moreChile’s central bank maintains interest rate at 11.25%
SANTIAGO (Reuters) – Chile’s central bank maintained its benchmark interest rate at 11.25% on Tuesday, as the bank said the country had reached its peak in the current hiking cycle, which[...]
Read moreBezos’ space company teams with Lockheed, Boeing for NASA moon lander pitch
WASHINGTON (Reuters) – Jeff Bezos’ space company is partnering with Boeing Co and Lockheed Martin Corp to pitch a lunar lander to NASA, the companies announced on Tuesday, making a renewed[...]
Read moreMarketmind: When bad news is bad news
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Two steps forward, one step back. What Asian markets have gained recently on Fed Chair Jerome Powell[...]
Read moreTSX closes below 20,000 mark as oil prices slide
By Fergal Smith TORONTO (Reuters) – Canada’s main stock index fell on Tuesday to a two-week low as lower oil prices weighed on resource shares and investors braced for another interest rat[...]
Read moreDollar inches higher after previous day’s jump; investors look to Fed next week
By Caroline Valetkevitch NEW YORK (Reuters) – The U.S. dollar was up slightly against the euro and yen on Tuesday as U.S. stocks sold off, while investors were trying to position for next week[...]
Read more