By David Lawder and Timothy Gardner WASHINGTON (Reuters) – When U.S. officials first floated the idea of capping Russian oil export prices in response to a planned European embargo in March, the[...]
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Politics
U.S. lawmakers decline to add Boeing 737 MAX exemption in defense bill
By David Shepardson WASHINGTON (Reuters) -U.S. lawmakers late on Tuesday declined to add an extension to an annual defense bill of a looming deadline that would impose a new safety standard for modern[...]
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TSMC sees $10 billion in annual revenue from Arizona chip plants
By Jane Lanhee Lee and David Shepardson PHOENIX/WASHINGTON (Reuters) -Taiwan chipmaker TSMC plans to build a second chip plant in Arizona and more than triple its initial investment to $40 billion, es[...]
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Uruguay’s free-trade deal ambitions rattle South American trade bloc
By Fabian Werner MONTEVIDEO (Reuters) – South America’s major Mercosur trade bloc, which includes regional powerhouses Brazil and Argentina, has been rattled by one of its smaller members,[...]
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UAW calls on automakers to move supply chain out of Xinjiang region
By David Shepardson WASHINGTON (Reuters) – The United Auto Workers (UAW) union called on automakers to shift their entire supply chain out of China’s Xinjiang region after a new report on[...]
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Poor countries’ debt servicing is the costliest since 2000 – World Bank
By Rodrigo Campos NEW YORK (Reuters) – The poorest countries in the world now spend over a tenth of their export income to service external debt, the highest proportion since 2000, the World Ban[...]
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Marketmind: Five Alive
A look at the day ahead in U.S. and global markets from Mike Dolan. With a bit of a lag perhaps after Friday’s strong jobs report, markets are realising the U.S. economy is not yet slowing as fa[...]
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Russia’s Jan-Nov oil output up 2% ahead of EU ban, price caps
MOSCOW (Reuters) – Russia’s January-November oil and gas condensate rose 2.2% from a year earlier to 488 million tonnes, the Interfax news agency said on Tuesday, citing Deputy Prime Minis[...]
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ECB needs more rate hikes but inflation close to peak, chief economist says
FRANKFURT (Reuters) – The European Central Bank will have to raise interest rates several more times to tame price pressures, even if headline inflation is now close to its peak, ECB chief econo[...]
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