By Phuong Nguyen HANOI (Reuters) -Vietnamese electric vehicle maker VinFast plans to expand in seven more markets in Asia, including Indonesia where it aims to start deliveries from next year and esta[...]
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September 13, 2023
Fed to leave rates unchanged on Sept. 20; cut unlikely before Q2 2024
By Prerana Bhat BENGALURU (Reuters) -The Federal Reserve will leave its benchmark overnight interest rate unchanged at the end of its Sept. 19-20 policy meeting and probably wait until the April-June[...]
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Marketmind: Will CPI fit the Fed-on-hold narrative?
A look at the day ahead in European and global markets from Kevin Buckland The marquee event of the week for most in the market is almost upon us: U.S. CPI. Recent remarks from Fed officials suggest a[...]
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US holiday sales set for slowest year since 2018 as consumers turn frugal – report
By Deborah Mary Sophia and Siddharth Cavale (Reuters) – Holiday sales in the United States are estimated to grow at their slowest pace in five years, according to a report released on Wednesday,[...]
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BP commits to Germany with $11 billion low-carbon investment push
By Christoph Steitz and Ron Bousso FRANKFURT/LONDON (Reuters) – BP plans to invest up to 10 billion euros ($10.7 billion) in low-carbon fuels, renewables and EV charging in Germany by the end of[...]
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Airlines say US must boost air traffic control staffing
By David Shepardson WASHINGTON (Reuters) – U.S. airlines on Tuesday expressed growing frustration with Federal Aviation Administration air traffic control staffing (ATC) shortages, which have sn[...]
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Binance.US says CEO Shroder to depart, 100 jobs will be cut
(Reuters) -The U.S. affiliate of crypto giant Binance said its chief executive, Brian Shroder, will leave and that it is cutting more than 100 jobs – roughly a third of headcount, underscoring t[...]
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Factbox-China, Airbus among potential losers from boosted US-Vietnam ties
(Reuters) – The United States and Vietnam agreed on Sunday to upgrade their diplomatic relations in a historic step for the two former foes, paving the way for business deals and possible new in[...]
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UAW may opt to strike targeted auto plants if no deal reached – sources
By David Shepardson WASHINGTON (Reuters) -The United Auto Workers union may opt to strike targeted auto plants if they fail to reach new contracts with the Detroit Three automakers before a Thursday n[...]
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