By Pranav Kashyap and Ankika Biswas (Reuters) -European shares rose on Tuesday, mirroring a recovery in global markets after the previous day’s mauling, with energy and technology stocks leading[...]
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August 6, 2024
US corporate bond market issuance set to slow amid market volatility
By Matt Tracy and Davide Barbuscia (Reuters) – Some corporate bond issuers are expected to delay sales this week, after market volatility caused investors to trim corporate bond holdings in favo[...]
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US to invest $2.2 billion to overhaul national power grid
(Reuters) -The Biden administration said on Tuesday it is investing $2.2 billion to revamp the nation’s power grid to protect it against growing threats of extreme weather events. The U.S. gover[...]
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Around a third of carbon credits fail new benchmark test
By Susanna Twidale LONDON (Reuters) – Around third of existing carbon credits have failed to meet criteria for a new standard that aims to serve as the global benchmark for the voluntary carbon[...]
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Tesla to fix 1.7 million vehicles in China, says market regulator
BEIJING (Reuters) – Tesla is performing a remote recall of 1.7 million vehicles in China with an over-the-air software update, the state market regulator said on Tuesday. The recall in Tesla[...]
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Caterpillar beats profit estimates as strong pricing cushions easing demand
By Shivansh Tiwary and Abhinav Parmar (Reuters) – Caterpillar beat Wall Street estimates for second-quarter profit on Tuesday, as higher prices and easing manufacturing costs countered moderatin[...]
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Aramco profit dips 3%, keeps $31.1 billion dividend unchanged
By Yousef Saba and Sarah El Safty DUBAI (Reuters) -Oil giant Saudi Aramco on Tuesday reported a 3.4% fall in second-quarter profit on lower crude volumes and softer refining margins, yet kept its gene[...]
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Sharpie-maker Newell moves more operations from China as tariffs loom
By Jessica DiNapoli NEW YORK (Reuters) – Sharpie pen maker Newell Brands is moving some production of kitchen appliances out of China and has relocated manufacturing for its writing business to[...]
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US household debt levels edge up in Q2, NY Fed survey shows
(Reuters) – Total U.S. household debt levels edged up in the second quarter but overall delinquency rates stabilized, indicating that borrowers are still in decent enough shape to support the ec[...]
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