By Luc Cohen NEW YORK (Reuters) -A few years after graduating from college, Sam Bankman-Fried grew worried he was not taking enough risks. So the son of two Stanford Law School professors quit his Wa[...]
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March 28, 2024
US economy continues to shine with help from consumers, labor market
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. economy grew faster than previously estimated in the fourth quarter, boosted by strong consumer spending and business investment in nonresidenti[...]
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Citi says 42% of energy clients lack climate transition plans
By Isla Binnie NEW YORK (Reuters) – Almost half of the energy companies Citi lends to are lacking plans to cut greenhouse gas emissions, the fourth-largest U.S. bank said in a climate report rel[...]
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Greece’s DEPA files for arbitration over prices in Gazprom deal
By America Hernandez and Angeliki Koutantou ATHENS/PARIS (Reuters) – Greek gas supplier DEPA Commercial has filed for arbitration to seek a price revision on its gas supply contract with Gazprom[...]
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WTO: China initiates dispute over US tax credits for EVs, renewables
BERLIN (Reuters) – China has initiated dispute consultations with the United States regarding tax credits under the Inflation Reduction Act to promote the production of electric vehicles and ren[...]
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WTO: China initiates dispute over US tax credits for EVs, renewables
BERLIN (Reuters) – China has initiated dispute consultations with the United States regarding tax credits under the Inflation Reduction Act to promote the production of electric vehicles and ren[...]
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Home Depot bulks up Pro-business with $18.25 billion deal for building products supplier SRS
By Deborah Mary Sophia, Savyata Mishra and Abigail Summerville (Reuters) -Home Depot will buy building materials supplier SRS Distribution in an $18.25 billion deal, in the top U.S. home improvement c[...]
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SNB’s Schlegel sees need for analysis of UBS’s capital requirements
ZURICH (Reuters) – The Swiss National Bank’s vice chairman called for an in-depth review of UBS’s capital requirements in an interview with Swiss newspaper Finanz und Wirtschaft on T[...]
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Automakers face ‘daunting’ task to meet 2032 EV rules, industry says
By David Shepardson NEW YORK (Reuters) – Automakers face “daunting” government regulations to sell half of new vehicles by 2030 as electric or plug-in hybrids despite a U.S. decision[...]
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