By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar edged down against the euro as upbeat German business morale data supported the common currency, while a modest improvement in investors’ appe[...]
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December 19, 2022
Seedmaker Corteva cuts U.S. jobs while exiting Russia
By P.J. Huffstutter and Tom Polansek CHICAGO (Reuters) – Seeds and pesticides company Corteva Inc will eliminate U.S. jobs next year, as its exit from Russia reduces demand for its commercial su[...]
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U.S. Treasury will delay EV battery sourcing guidance until March
By David Shepardson WASHINGTON (Reuters) -With a revamped $7,500 electric vehicle tax credit taking effect Jan. 1, the U.S. Treasury Department said on Monday it will delay until March its release of[...]
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FTX’s Bankman-Fried to agree to U.S. extradition in about-face after hearing -source
By Jared Higgs, Luc Cohen and Jack Queen NASSAU, Bahamas/NEW YORK (Reuters) -Sam Bankman-Fried has decided to agree to be extradited to the United States to face fraud charges, a person familiar with[...]
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U.S. Navy awards Amazon Web Services contract worth over $700 million
(Reuters) – The United States Navy on Monday awarded Amazon.com Inc’s cloud computing division a five-year enterprise software license contract worth $723.9 million. The deal will provide[...]
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Senator Warren, Tesla investor turn up heat over Musk’s Twitter role
By David Shepardson and Hyunjoo Jin WASHINGTON/SAN FRANCISCO (Reuters) – Senator Elizabeth Warren, a longtime critic of Tesla Inc boss Elon Musk, on Monday raised concerns that the automaker[...]
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Exclusive-U.S. lawmakers set to back Boeing 737 MAX certification extension
By David Shepardson WASHINGTON (Reuters) -Boeing Co is set to win backing from Congress for an extension of a looming deadline imposing a new safety standard for modern cockpit alerts for two new vers[...]
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Oil rises on hopes for China’s economy; recession fears limit gains
By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose on Monday, as optimism around China relaxing its COVID-19 restrictions outweighed fears of a global recession that would weigh on energy demand.[...]
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EU countries agree gas price cap to contain energy crisis
By Kate Abnett BRUSSELS (Reuters) -European Union energy ministers on Monday agreed a gas price cap, after weeks of talks on the emergency measure that has split opinion across the bloc as it seeks to[...]
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