BRUSSELS (Reuters) – The U.S. Treasury Department is expected to give guidance on Friday on tax breaks for consumers buying electric vehicles and Europe’s auto sector and policymakers will[...]
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March 30, 2023
Marketmind: As banking worries slowly slip into rear view, markets fret on Fed
A look at the day ahead in European and global markets from Ankur Banerjee With sentiment still fragile in the aftermath of the banking crisis, a risk-on rally proved short-lived, leaving the MSCI ex-[...]
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Alibaba considers yielding control of some businesses in overhaul
By Josh Horwitz, Kane Wu and Julie Zhu SHANGHAI/HONG KONG (Reuters) – Alibaba Group said on Thursday it will look to monetise non-core assets and consider giving up control of some businesses, a[...]
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Tesla expects reduced tax credit for Model 3 by March-end
(Reuters) – Tesla Inc said on Wednesday a $7,500 tax credit in place since January will be reduced for its Model 3 rear-wheel drive by March 31, subject to guidance due this week from the U.S. T[...]
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Analysis-Rate rises pile pain on SME firms in U.S. and Europe
By Chiara Elisei LONDON (Reuters) – U.S. and European small and medium-sized (SME) firms may be next to feel the pain of rapid interest rate rises, with analysts and investors warily watching fo[...]
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Silicon Valley Bank and Fed supervisors: what’s known so far
By Ann Saphir SAN FRANCISCO (Reuters) – A team of 20 bank examiners at the San Francisco Federal Reserve took over day-to-day supervision of Silicon Valley Bank in the second half of 2021, after[...]
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Analysis-US bank supervision needs more speed, transparency in wake of SVB debacle, critics say
By Pete Schroeder WASHINGTON (Reuters) – The secretive world of Federal Reserve bank supervision has been laid bare by the collapse of Silicon Valley Bank and critics say it needs an overhaul to[...]
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Toyota’s global sales notch up a February record as parts shortage eases
TOKYO (Reuters) – Toyota Motor Corp said on Thursday that global sales hit a record for the month of February as it bounced back from severe pandemic-induced parts shortages, adding that worldwi[...]
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Miki House taps ‘Made in Japan’ appeal for $760 kids pyjamas as home market shrinks
By Miho Uranaka and Rocky Swift TOKYO (Reuters) – Japan’s Miki House, a maker of luxury baby and children’s goods in a country with ever-fewer births, is looking overseas for both pr[...]
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