By Lawrence Delevingne (Reuters) -Wall Street stocks gained on Tuesday, while Treasury yields fell and the dollar weakened, as new U.S. government data showed the smallest annual increase in inflation[...]
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December 13, 2022
Moldova’s new economy minister pledges pro-business overhaul
By Dan Peleschuk KYIV (Reuters) – Moldova’s new economy minister says he is mapping out long-term reforms and will slash bureaucracy to lay the foundations of a business-friendly economy a[...]
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U.S. senator Manchin says Treasury should limit commercial EV tax credit use
By David Shepardson (Reuters) – U.S. Senator Joe Manchin, a Democrat who chairs the chamber’s energy panel, asked the Treasury Department on Tuesday not to allow a commercial electric vehi[...]
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Oil rises to over $80/bbl as dollar slumps on slowing inflation
By Shariq Khan NEW YORK (Reuters) – Oil settled over $80 a barrel on Tuesday and recorded its biggest daily gains in over a month, as investors bought up risk assets after U.S. data pointed to s[...]
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U.S. dollar tumbles across the board as inflation rise eases
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar nosedived across the board on Tuesday after data showed U.S. consumer price inflation rose less than expected last month, reinforcing[...]
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Explainer-Sam Bankman-Fried: Who is FTX’s founder and why was he arrested?
By Hannah Lang and Tom Hals (Reuters) – FTX founder Sam Bankman-Fried was arrested in the Bahamas on Monday and charged by the U.S. Department of Justice on Tuesday with defrauding investors in[...]
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Analysis-China’s massive older chip tech build up raises U.S. concern
By Jane Lanhee Lee, Josh Horwitz and Alexandra Alper OAKLAND, Calif./SHANGHAI/WASHINGTON (Reuters) – China’s largest chip maker SMIC is ramping up production of a decade-old chip technology, key[...]
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Microsoft says it offered to agree to FTC consent decree on ‘Call of Duty’ games
(Reuters) – Microsoft President Brad Smith said on Tuesday the company had offered to agree to a legally-binding consent decree with the U.S. Federal Trade Commission to provide “Call of D[...]
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Warner Bros launches Discovery+ on Amazon Prime Video in Canada
(Reuters) – Warner Bros Discovery Inc on Tuesday launched its Discovery+ streaming service on Amazon.com’s Prime Video platform in Canada. Prime users can sign up for the ad-free version o[...]
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