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Potential winners and losers from the new U.S. EV charging standards

BY Reuters  • February 16, 2023February 16, 2023
(This Feb. 15 story has been corrected to say ‘Natural Resources Defense Council’, not ‘National Resources Defense Council’) (Reuters) – The Biden administration announce[...]
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Asia Australia Business Economy Europe NEWSLETTER Politics Technology UK Updated US

PayPal tells Australia it supports buy-now-pay-later regulation

BY Reuters  • February 16, 2023February 16, 2023
By Byron Kaye SYDNEY (Reuters) – Payments giant PayPal Holdings Inc wants buy-now-pay-later (BNPL) loans subjected to consumer protection law, it said in a submission to the Australian governmen[...]
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Asia Australia Business Technology US

Australia’s NSW state orders coal miners to supply local plants

BY Reuters  • February 16, 2023February 16, 2023
MELBOURNE (Reuters) – Australian coal miners including Glencore must set aside thousands of tonnes of coal for use by domestic power generators for a period of 15 months under the New South Wale[...]
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Asia Australia Business Economy

Whitehaven Coal posts 5-fold jump in H1 earnings but dividend disappoints

BY Reuters  • February 16, 2023February 16, 2023
By Melanie Burton and Jaskiran Singh MELBOURNE (Reuters) – Australia’s Whitehaven Coal Ltd posted a more than five-fold jump in first-half profit on Thursday, aided by soaring coal prices,[...]
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Asia Australia Business

Tesla to open U.S. charging network to rivals in $7.5 billion federal program

BY Reuters  • February 16, 2023February 16, 2023
By Hyunjoo Jin and Jarrett Renshaw SAN FRANCISCO (Reuters) -Tesla Inc will open part of its U.S. charging network to electric vehicles (EVs) made by rivals as part of a $7.5 billion federal program to[...]
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Asia Australia Business Economy Europe Technology Top News Updated US

New Biden EV charger rules stress Made In America, force Tesla changes

BY Reuters  • February 16, 2023February 16, 2023
(Reuters) – The Biden administration on Wednesday issued long-awaited final rules on its national electric vehicle charger network that require chargers to be built in the United States immediat[...]
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Asia Australia Business Environment Technology US

S&P edges up, dollar climbs with Treasury yields after strong economic data

BY Reuters  • February 15, 2023February 15, 2023
By Sinéad Carew NEW YORK (Reuters) – The S&P 500 gave up earlier losses on Wednesday while the dollar was rising along with U.S. Treasury yields after data showed U.S. retail sales in Januar[...]
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Asia Australia Business Economy Europe Top News Updated US

Fintech threat to big banks fizzled in 2022 as rates rose – report

BY Reuters  • February 15, 2023February 15, 2023
By Hannah Lang (Reuters) – The competitive threat of financial technology companies to big banks diminished over the past year as rising interest rates constricted funding, a new report from Moo[...]
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Asia Australia Business Economy Technology

New Biden EV charger rules stress Made In America, force Tesla changes

BY Reuters  • February 15, 2023February 15, 2023
By Jarrett Renshaw and Hyunjoo Jin (Reuters) – The Biden administration on Wednesday issued long-awaited final rules on its national electric vehicle charger network that require the chargers to[...]
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Asia Australia Business Economy Environment Technology Updated US
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