A look at the day ahead in European and global markets from Vidya Ranganathan Federal Reserve Chair Jerome Powell was unambiguous overnight, but the European Central Bank meets today and is more divid[...]
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March 7, 2024
Tesla quits Australia auto lobby over claims on car emission standards
SYDNEY (Reuters) – Tesla said on Thursday it is quitting Australia’s major auto lobby and resigning from its board, accusing the group of misleading consumers over the government’s p[...]
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Chinese conglomerate Fosun’s tourism unit says reviewing business portfolio
(Reuters) – Fosun Tourism Group said on Thursday it was reviewing its business portfolio, in response to a Reuters report that it was exploring the sale of a hotel resort. Fosun International is[...]
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China gives green light to Stellantis-Leapmotor joint venture, sources say
By Gilles Guillaume PARIS (Reuters) – A proposed joint venture that would allow world No. 4 automaker Stellantis to build and sell Leapmotor’s electric vehicles outside China has received[...]
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Mexico waiting on US proof that GM corn safe for its people, deputy ag minister says
By Adriana Barrera and Cassandra Garrison MEXICO CITY (Reuters) – Mexico is waiting for the United States to prove imported genetically modified (GM) corn is safe for Mexicans, said Deputy Agric[...]
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Boeing discloses names of 737 MAX employees after NTSB chair faults cooperation
By David Shepardson WASHINGTON (Reuters) -Boeing on Wednesday provided U.S. regulators with the names of employees on its 737 MAX door team after lawmakers and a federal safety official sharply critic[...]
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US House approves spending bill to avert government shutdown
By Richard Cowan WASHINGTON (Reuters) -The Republican-controlled U.S. House of Representatives on Wednesday passed legislation funding a broad swath of the federal government through the fiscal year t[...]
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FTX reaches settlement with BlockFi, may pay up to $874 million
By Dietrich Knauth NEW YORK (Reuters) – Bankrupt crypto companies FTX and BlockFi have resolved their disputes stemming from the companies’ collapses in 2022, with FTX agreeing to pay Bloc[...]
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U.S. dollar’s strength to persist as markets eye cautious Fed
By Hari Kishan and Sarupya Ganguly BENGALURU (Reuters) -A strong U.S. dollar will maintain the status quo in the near term, as markets brace for a risk the Federal Reserve’s first interest rate[...]
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