By Jason Lange WASHINGTON (Reuters) – What could happen on Main Street if Washington’s political showdown over the debt ceiling stopped the government from cutting checks that fund a quart[...]
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May 30, 2023
Exclusive-UniCredit cuts Amundi funds’ share in assets under management – source
By Valentina Za MILAN (Reuters) – UniCredit has been trimming the proportion of Amundi funds in its total assets under management as a decade-long deal between the companies enters its final yea[...]
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Daimler CEO: Toyota truck deal will make us less dependent on Chinese market
HAMBURG (Reuters) – A deal between Daimler Truck and Toyota Motor Corp to combine their truck units in Japan will give the German group a more “balanced” market position in Asia and[...]
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Elon Musk kicks off China visit, Tesla expansion in focus
BEIJING (Reuters) -Tesla Chief Executive Elon Musk on Tuesday kicked off a high-stakes visit to China with a meeting with the country’s foreign minister in Beijing, marking his return to the ele[...]
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US agency closes investigation into Tesla game feature
By David Shepardson WASHINGTON (Reuters) – The National Highway Traffic Safety Administration (NHTSA) said Tuesday it is closing its investigation into 580,000 Tesla vehicles over the automaker[...]
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US review of China tariffs won’t depend on trade ‘breakthrough’-Deputy USTR
By David Lawder DETROIT (Reuters) -The United States is taking an analytical approach to its review of whether to keep tariffs on Chinese goods in place and will not base outcomes on any “breakt[...]
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US monthly home prices increase in March, surveys show
WASHINGTON (Reuters) – U.S. single-family home prices increased solidly on a monthly basis in March, boosted by a persistent shortage of properties on the market, though the overall trend contin[...]
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Canadian AI computing startup Tenstorrent and LG partner to build chips
By Jane Lanhee Lee OAKLAND, California (Reuters) – Canadian AI computer design startup Tenstorrent said on Tuesday it was partnering with South Korea’s consumer electronics firm LG Electro[...]
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Yields on bills due in June fall on debt deal optimism
(Reuters) – Yields on Treasury bills that are due in early June dropped on Tuesday on optimism that Congress will pass a deal to raise the country’s debt ceiling and avoid a potential defa[...]
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