(Reuters) – BNP Paribas SA has appointed several senior executives to its Global Markets Americas division, the European bank said on Wednesday, in a move to further consolidate its presence in[...]
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December 7, 2022
Tesla launches EVs in Thailand amid competition from cheaper brands
BANGKOK (Reuters) – Tesla Inc launched two electric vehicle (EV) models in Thailand on Wednesday, marking its first foray into the regional autos hub that has long been dominated by Japanese man[...]
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U.S. crude stocks drop; fuel stocks post large builds -EIA
By Stephanie Kelly (Reuters) – U.S. crude stocks fell in the latest week while gasoline and distillate inventories posted big builds, as oil refiners’ utilization climbed to the highest si[...]
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EU court rejects WhatsApp challenge against EU Data Protection Board
PARIS (Reuters) -The Court of Justice of the European Union has dismissed as inadmissible an action brought by WhatsApp against a decision of the European Data Protection Board, it said in a statement[...]
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Used-car retailer Carvana slumps after Wedbush says bankruptcy risk rising
(Reuters) -Shares of Carvana Co fell 40% in morning trade on Wednesday after Wedbush raised the possibility of a debt default by the used-car retailer, which would increase the risk of bankruptcy, and[...]
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Bank of Canada makes oversized rate hike, hints increases may be over
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada on Wednesday hiked its benchmark overnight interest rate by 50 basis points to the highest level in almost 15 years and signal[...]
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U.S. blacklists companies for aiding Russian military
By David Shepardson WASHINGTON (Reuters) -The Biden administration on Wednesday added 24 companies and other entities to an export control list for supporting Russia’s military or defense industrial b[...]
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Analysis-EU avoids sledgehammer to crack euro clearing nut – for now
By Huw Jones LONDON (Reuters) – European Union plans to shift derivatives clearing worth trillions of euros from London to the bloc have ditched hardline rhetoric in favour of pragmatism that sh[...]
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Factbox-Neuralink: what you need to know about Elon Musk’s brain chip company
(Reuters) – Neuralink, the Elon Musk company that Reuters reported on Monday is the target of a federal investigation over its animal trial program, has been trying to develop a brain chip that[...]
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