By Simon Jessop LONDON (Reuters) – Payments company Mastercard on Wednesday launched a global project to recycle credit and debit cards as part of a plan to save the billions of cards in circula[...]
Read more
June 21, 2023
Grupo Mexico defends legality of San Martin mine operations after U.S. labor complaint
By Daina Beth Solomon MEXICO CITY (Reuters) – Grupo Mexico said Wednesday it legally resumed operations at its San Martin mine in 2018 after a decade-long strike, countering a Mexican union that[...]
Read more
Bank of Canada to gauge need for further hikes based on data -minutes
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada agreed that the need for further rate hikes would be determined by fresh economic data after it lifted rates to a 22-year high[...]
Read more
Chipmaker Intel restructures manufacturing business
(Reuters) – Intel Corp said on Wednesday its manufacturing business will work like a separate unit and will begin to generate a margin, but gave no clear timeline on when it will start scaling u[...]
Read more
Uber to lay off 200 employees in recruitment division
(Reuters) – Uber Technologies said on Wednesday it was cutting 200 jobs in its recruitment division amid plans to keep the staff count flat through the year and streamline costs. The reductions[...]
Read more
Tesla urges EPA to finalize tougher US heavy-duty emissions cuts
By David Shepardson WASHINGTON (Reuters) -Tesla urged the Biden administration to finalize significantly stricter heavy-duty emissions limits than proposed in April, arguing larger vehicles were being[...]
Read more
Fed’s Powell, in testimony, says inflation fight has “long way to go”
By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve’s fight to lower inflation back to its 2% target “has a long way to go,” Federal Reserve Chair Jerome Powell said[...]
Read more
U.S. securities regulator hits top SPAC auditor with $10 million fine
By Chris Prentice NEW YORK (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Wednesday slapped Marcum LLP with a $10 million penalty for standards violations and systemic quality[...]
Read more
US bond traders seek edge by adopting tech -report
By Matt Tracy (Reuters) -U.S. bond investors are coming around to using technology more to trade fixed-income products, as they seek to inject efficiency into processes that are still largely done man[...]
Read more