By Alden Bentley and Amanda Cooper NEW YORK/LONDON (Reuters) – Wall Street turned modestly lower in late trade on Tuesday, mostly in sync with subdued global share market movements, while the ye[...]
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March 26, 2024
Moody’s places Boeing ratings on review for downgrade
(Reuters) -Moody’s Investors Service on Tuesday said it was considering downgrading Boeing’s “Baa2” senior unsecured rating and “Prime-2” short-term rating. “[...]
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Shipping industry faces fuel dilemma in bid to cut emissions
By Georgina McCartney HOUSTON (Reuters) – The shipping industry is under increasing pressure to decarbonize, but unclear regulatory guidelines, including around what sorts of cleaner fuels large[...]
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SEC ramps up hack probe with focus on tech, telecom companies, Bloomberg News says
(Reuters) – The U.S. Securities and Exchange Commission is asking technology and telecom companies how they handled the SolarWinds cyber attack in 2020, Bloomberg News reported on Tuesday, citin[...]
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Oil settles lower as markets weigh Russian supply woes
By Laura Sanicola (Reuters) -Oil prices settled lower on Tuesday as investors took a more mixed view toward the loss of Russian refinery capacity after recent Ukrainian attacks. Front-month Brent crud[...]
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Krispy Kreme shares jump as US partnership with McDonald’s goes national
(Reuters) -Krispy Kreme said its donuts would be available across McDonald’s U.S. restaurants by the end of 2026 as the companies expand a pilot project, sending its shares surging 23% on Tuesda[...]
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Li-Cycle to cut 17% of staff amid battery recycling growing pains
By Ernest Scheyder (Reuters) – Battery recycler Li-Cycle plans to lay off 17% of its staff – including three senior executives – as it pares its ambitious global growth plans in orde[...]
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China opens WTO dispute against US subsidies to protect its EV industry
GENEVA (Reuters) -China has initiated dispute settlement proceedings against the United States at the World Trade Organization to safeguard its interests in the electric vehicle industry, the Chinese[...]
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Baltimore bridge collapse halts coal shipments
By Valerie Volcovici (Reuters) – Coal exports from the busy U.S. port of Baltimore have been disrupted following the collapse of a bridge that was struck by a massive cargo ship early Tuesday mo[...]
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