By Iain Withers LONDON (Reuters) – HSBC will halt commercial payments by business customers to and from Russia and Belarus, the bank said on Friday, as lenders tighten restrictions beyond sancti[...]
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Chinese rare earth prices hit 20-month high on Myanmar supply worry
BEIJING/HANOI (Reuters) -Chinese rare earth prices jumped to their highest in 20 months, as mining suspension in major producer Myanmar sparked stockpiling ahead of the peak consumption season, analys[...]
Read moreChevron, unions begin mediation talks to avert Australia LNG strike
(This Sept. 4 story has been refiled to remove Chevron executive Freeman Shaheen’s comments) SYDNEY/SINGAPORE (Reuters) – Chevron Australia and unions representing workers at two of the U.[...]
Read moreWall Street inches higher, Treasury yields rise ahead of US holiday weekend
By Stephen Culp NEW YORK (Reuters) – U.S. stock indexes settled for a mixed close and benchmark Treasury yields rebounded after a U.S. jobs report showed an uptick in unemployment, cementing exp[...]
Read moreUBS targets $10 billion in costs, to cut 3,000 jobs after Credit Suisse takeover
By Noele Illien and Oliver Hirt ZURICH (Reuters) -UBS embarked on a more than $10 billion cost cutting plan on Thursday, saying it will axe 3,000 jobs in Switzerland alone after swallowing up its stri[...]
Read morePrivacy, market maturity hurdles facing Brazil’s CBDC rollout -cenbank official
By Lisa Pauline Mattackal (Reuters) -Maintaining privacy and increasing understanding of blockchain technology are primary issues to solve before Brazil’s central bank digital currency (CBDC) is[...]
Read moreS&P 500 ends sharply higher, jobs data fuels interest rate optimism
By Shristi Achar A and Noel Randewich (Reuters) – Wall Street ended sharply higher on Tuesday, lifted by Tesla, Nvidia and other megacap growth stocks after a drop in monthly job openings cement[...]
Read moreTesla braces for its first trial involving Autopilot fatality
By Dan Levine and Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla Inc is set to defend itself for the first time at trial against allegations that failure of its Autopilot driver assistant feature l[...]
Read moreHawaiian Electric CEO’s bonus lacked incentive to cut wildfire risk, documents show
By Tim McLaughlin and Tom Hals (Reuters) – Hawaiian Electric’s CEO received an annual bonus last year tied to profit, worker safety and bolstering the supply of renewable energy, but not linked[...]
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