By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The battle lines between stock markets and the Fed are clearly drawn, and worryingly for investors sti[...]
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Economy
First Solar picks Alabama for new solar factory
(Reuters) – Top U.S. solar panel manufacturer First Solar Inc on Wednesday said it has chosen Alabama as the home of its fourth domestic factory, giving the state a $1.1 billion investment that[...]
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Fed’s Waller says ‘more comfortable’ with smaller hikes after recent data
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -U.S. Federal Reserve Governor Christopher Waller, an early and outspoken “hawk” in the central bank’s efforts to confront inf[...]
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Tesla reports two new fatal crashes involving driver assistance systems
By David Shepardson WASHINGTON (Reuters) – Tesla Inc told U.S. auto safety regulators it has reports of two new crash fatalities in Model 3 cars tied to advanced driver assistance systems in the[...]
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U.S. Treasury’s Yellen says crypto markets need better oversight
WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Wednesday that crypto markets need more robust oversight, days after cryptocurrency exchange FTX collapsed. “The recent failure[...]
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Oil falls as Druzhba pipeline reopens, China COVID worries stay at the fore
By Shariq Khan BENGALURU (Reuters) -Oil prices settled more than a dollar lower on Wednesday after Russian oil shipments via the Druzhba pipeline to Hungary restarted and as rising COVID-19 cases in C[...]
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Air France raises 300 million euros with convertible bond issue
By Silvia Aloisi PARIS (Reuters) -Air France-KLM on Wednesday raised just over 300 million euros ($312 million) by issuing subordinated bonds convertible into stock, seeking to strengthen its capital[...]
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Costco to set new emission cut targets in deal with activist firm
By Ross Kerber (Reuters) – Costco Wholesale Corp will set new targets by next year to cut its greenhouse gas emissions, according to an activist investment firm that said the retailer had been a[...]
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U.S. watchdog gained “good access” to audits of Chinese firms -sources
By Xie Yu, Chris Prentice and Julie Zhu HONG KONG/WASHINGTON (Reuters) – U.S. regulators gained “good access” in their review of auditing work done on New York-listed Chinese firms d[...]
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