By Dan Whitcomb (Reuters) – The Biden administration argued to the U.S. Supreme Court on Wednesday that social media giants like Google could in some instances have responsibility for user conte[...]
Read more
Politics
U.S. House committee chair says Bankman-Fried subpoena ‘definitely on the table’
(Reuters) -U.S. House Financial Services Committee Chairman Maxine Waters tweeted on Wednesday that a subpoena of FTX founder Sam Bankman-Fried was “definitely on the table,” in response t[...]
Read more
U.S. floats new steel, aluminum tariffs based on carbon emissions
By David Lawder WASHINGTON (Reuters) – U.S. officials are proposing to levy tariffs on steel and aluminum based on how much carbon the producing country’s industries emit, in a bid to figh[...]
Read more
European energy firms dominate landmark California offshore wind auction
By Nichola Groom (Reuters) -The U.S. government’s first-ever sale of offshore wind development rights off the coast of California drew $757.1 million in high bids, mainly from European companies[...]
Read more
China’s reported gold reserves rise for first time since 2019
(Reuters) – China’s central bank said on Wednesday it had added 32 tonnes of gold worth around $1.8 billion to its reserves, the first time it has disclosed an increase since September 201[...]
Read more
World Bank, partners launch tracking system to clean up carbon markets
By Susanna Twidale and Simon Jessop LONDON (Reuters) – The World Bank and partners including Singapore on Wednesday launched a global tracking system to clean up the opaque market for carbon cre[...]
Read more
Automakers, South Korea urge U.S. to tap commercial EV tax credit
By David Shepardson WASHINGTON (Reuters) – Many automakers and the South Korean government are urging the Biden administration to tap a commercial electric vehicle tax credit to boost consumer E[...]
Read more
China’s trade suffers worst slump in 2-1/2 years as COVID woes, feeble demand take toll
BEIJING (Reuters) – China’s exports and imports shrank at their steepest pace in at least 2-1/2 years in November, as feeble global and domestic demand, COVID-led production disruptions an[...]
Read more
U.S. lawmakers ease planned curbs on Chinese chips amid corporate pushback
By Alexandra Alper WASHINGTON (Reuters) -U.S. senators scaled back a proposal that placed new curbs on the use of Chinese-made chips by the U.S. government and its contractors, according to a final ve[...]
Read more