SAO PAULO (Reuters) – The South American arm of carmaker Stellantis NV is planning a series of large investments starting in 2025, the firm’s regional chief executive said on Friday, plann[...]
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March 31, 2023
Amazon must face California lawsuit claiming its prices are too high, judge says
By Jonathan Stempel (Reuters) -A judge has rejected Amazon.com Inc’s bid to dismiss California’s antitrust lawsuit accusing the online retailer of illegally forcing merchants to accept pol[...]
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Exclusive-Elon Musk plans China visit, seeks meeting with premier – sources
SHANGHAI/HONG KONG (Reuters) -Tesla Chief Executive Elon Musk is making plans to visit China as early as April and is seeking a meeting with China’s Premier Li Qiang, two people with knowledge o[...]
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U.S. diesel stocks bounce in sign of economic slowdown
By Laura Sanicola (Reuters) – A slowing manufacturing sector is starting to put a dent in U.S. diesel demand, traders and fuel experts said this week, helping rebuild stocks that were extremely[...]
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Hedge funds retrench after getting pummeled during wild March
By Nell Mackenzie, Carolina Mandl and Summer Zhen LONDON/NEW YORK/HONG KONG (Reuters) – March’s market turmoil has forced many macro and trend-following hedge funds to cut bait on bad port[...]
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Oil rises more than 1% on tightening supplies, cooling US inflation
By Shariq Khan BENGALURU (Reuters) -Oil prices rose by more than a dollar a barrel on Friday as supplies tightened in some parts of the world and U.S. inflation data indicated price rises were slowing[...]
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US judge in Tesla race bias lawsuit denies plaintiff’s bid for mistrial
By Daniel Wiessner (Reuters) – A Black former Tesla Inc factory worker suing the electric-vehicle maker for race discrimination lost his bid for a mistrial on Friday after claiming the company[...]
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What crisis? U.S. bank-focused ETFs see strongest demand in months in March
By Lisa Pauline Mattackal (Reuters) – March recorded the worst U.S. bank failures since the 2008 crisis, but that did not stop some investors from snapping up battered financial stocks to bolste[...]
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U.S. government to provide $1 billion for rural renewable energy
By Leah Douglas WASHINGTON (Reuters) -Rural small businesses and farmers will be eligible to apply for $1 billion in grants to invest in clean energy beginning Saturday, the U.S. Department of Agricul[...]
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