By Pete Schroeder WASHINGTON (Reuters) -U.S. stocks fell and oil slid over 1% on Tuesday as investors renewed fresh concerns over whether the Federal Reserve was done hiking interest rates and the res[...]
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August 15, 2023
Dollar flat after retail sales data, yuan falls to 9-month low
By Hannah Lang WASHINGTON (Reuters) – The dollar index was flat after data showed U.S. retail sales increased more than expected in July, while the yuan sank to a nine-month trough on Tuesday af[...]
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Russian court bans UBS, Credit Suisse from subsidiary disposals
MOSCOW (Reuters) – A Moscow court has banned UBS and its recently-acquired Swiss rival Credit Suisse from disposing of shares in their Russian subsidiaries, court documents showed, after a reque[...]
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Complaint filed over US judge’s ‘strange’ Southwest religious liberty training order
By Nate Raymond (Reuters) – A judicial reform advocacy group on Tuesday filed a complaint accusing a Texas federal judge of engaging in misconduct by taking the “strange” step of req[...]
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New York fines Avis Budget for denying car rentals to people who lack credit cards
By Jonathan Stempel NEW YORK (Reuters) – New York state on Tuesday fined Avis Budget Group $275,000 for refusing to rent vehicles to customers who did not have credit cards. Letitia James, the s[...]
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Tesla launches cheaper Model S, X versions in US with shorter ranges
By Mrinmay Dey and Akash Sriram (Reuters) -Tesla on Monday launched cheaper variants of its Model S sedan and Model X SUV with shorter driving ranges in the U.S., looking to increase sales as high bor[...]
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Nvidia shares climb as analysts raise targets ahead of report
(Reuters) – Shares of Nvidia rose more than 3% in hefty trading volume on Tuesday after two brokerages raised their price targets for the chipmaker, heightening already lofty expectations ahead[...]
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Canada’s corporate watchdog probes Ralph Lauren on alleged use of forced labor in China
(Reuters) – Canada’s corporate ethics watchdog said on Tuesday it was investigating Ralph Lauren’s Canada unit to probe allegations the apparel retailer’s supply chain and oper[...]
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Colombia’s Grupo SURA cuts 2023 guidance, raises mid-term outlook after Nutresa deal
By Sarah Morland and Marion Giraldo (Reuters) – Grupo SURA, Colombia’s largest investment company, on Tuesday cut its 2023 net profit forecast to between 2,400 and 2,700 pesos per share, f[...]
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