A look at the day ahead in U.S. and global markets from Mike Dolan After closing at their highest level of the year on Friday, U.S. stocks mostly hogged those gains into the new week – with[...]
Read moreDecember 4, 2023
U.S. bank CEOs expected to protest regulation push before Congress
By Pete Schroeder WASHINGTON (Reuters) – The top bosses of JPMorgan, Bank of America, Citigroup, Wells Fargo and other major banks are expected to warn lawmakers this week that capital hikes and[...]
Read moreUS DFC considers $500 million loan to Vietnamese EV maker VinFast
HANOI (Reuters) – The United States International Development Finance Corporation (DFC) has signed a letter of interest with electric vehicles maker VinFast to consider the Vietnamese company[...]
Read moreU.S., allies pressure Liberia, Marshall Islands, Panama over Russia oil sanctions
By Timothy Gardner WASHINGTON (Reuters) -The U.S., EU and UK are pressuring Liberia, the Marshall Islands and Panama to increase oversight of ships carrying their flags to ensure they do not transport[...]
Read moreTravelers ready to set sail on cruises at record levels next year
By Doyinsola Oladipo and Granth Vanaik NEW YORK/BENGALURU (Reuters) – Next year is looking like a banner year for cruise vacations, as travelers across all income and budget levels have been boo[...]
Read moreChina adds Nio to list of approved vehicle manufactures – website
SHANGHAI (Reuters) – Electric vehicle maker Nio has been added to a Chinese industry ministry database permitting companies to produce vehicles in the country, according to the ministry’s[...]
Read moreTesla’s China-made EV sales fall 17.8% in Nov, biggest drop since Dec 2022
BEIJING/SHANGHAI (Reuters) – Sales of U.S. automaker Tesla’s China-made electric vehicles (EVs) skidded 17.8% in November from the same month a year earlier, to 82,432 cars, China Passenge[...]
Read moreUS officials to visit Taiwan to explain chip curbs, minister says
TAIPEI (Reuters) – U.S. officials plan to visit Taiwan to explain to companies details of new curbs, primarily aimed at China, on advanced chip exports, the island’s economy minister said[...]
Read moreEx-Wells Fargo CEO sues bank for $34 million in withheld pay, stock
By Daniel Wiessner (Reuters) – Former Wells Fargo & Co CEO Tim Sloan filed a lawsuit on Friday accusing the bank of failing to pay him more than $34 million after he resigned in 2019 amid a[...]
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