KYIV (Reuters) – Ukraine’s economy ministry has lowered its GDP growth forecast for 2023 to 1%, the Interfax Ukraine news agency quoted a deputy minister as saying on Monday. The ministry[...]
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March 6, 2023
US factory orders fall as civilian aircraft demand dives
WASHINGTON (Reuters) -New orders for U.S.-manufactured goods fell in January, pulled down by a plunge in civilian aircraft bookings, but increases in machinery and a range of other products suggested[...]
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NY Fed says supply chain pressures normalized in February
By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve Bank of New York reported Monday a large drop in global supply chain pressures last month, which could point to lower inflation level[...]
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Altria to light up vaping push with $2.8 billion NJOY bid after Juul fiasco
By Deborah Mary Sophia (Reuters) -Altria Group Inc said on Monday it would buy startup NJOY Holdings Inc for about $2.75 billion in cash, in a fresh bet by the Marlboro maker on the e-cigarette market[...]
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Exclusive-Russian crude oil heads to UAE as sanctions divert flows
By Alex Lawler LONDON (Reuters) – The United Arab Emirates has been taking more cargoes of Russian crude oil, according to ship tracking data and trading sources, in another example of how Weste[...]
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China’s Xi urges private firms to ‘be rich and loving’ in pursuit of prosperity for all
By Yew Lun Tian BEIJING (Reuters) -Chinese President Xi Jinping said on Monday private companies should be “rich and loving” by shouldering a responsibility along with state-own firms to a[...]
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Factbox-Tesla cuts prices globally in a bid to spur demand
(Reuters) – Tesla Inc has slashed prices of its electric vehicles in the United States and Europe, doubling down on a discount drive it started in Asia as demand slows against the backdrop of a[...]
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Biden’s clean energy factory jobs may elude U.S. union workers
By Nichola Groom (Reuters) – President Joe Biden has pledged that fighting climate change will deliver millions of middle-class jobs with good wages to Americans with union membership cards. But[...]
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Ripple says recent Supreme Court ruling weighs in its favor in SEC case
(Reuters) – Ripple Labs Inc said in court papers Friday that a recent U.S. Supreme Court decision supports one of its key defenses in the U.S. Securities and Exchange Commission’s case ove[...]
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