By Diane Bartz WASHINGTON (Reuters) -The U.S. Federal Trade Commission, which enforces rules against deceptive practices, has contacted Twitter to ask if the company still has the resources to comply …
Reuters
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- US and World News
Thousands protest in Turkey over Istanbul mayor’s conviction
by Reutersby ReutersBy Ezgi Erkoyun ISTANBUL (Reuters) -Thousands of people rallied in Turkey on Thursday to oppose the conviction and political ban of Istanbul Mayor Ekrem Imamoglu, chanting slogans criticising President Tayyip …
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By Casey Hall SHANGHAI (Reuters) -Chinese luxury fashion conglomerate Lanvin Group, owner of the eponymous French fashion brand, said it is scouting for buys and will open new stores, after …
- Business News
Canada resists call to ease mortgage stress test for uninsured home buyers
by Reutersby Reuters(Reuters) -Canada’s main banking regulator on Thursday said it would launch a review of its mortgage guidelines for uninsured borrowers in January but left a stress test unchanged, citing an …
- US and World News
U.S. East Coast in path of powerful winter storm that killed 3 in South
by Reutersby Reuters(Reuters) -A sprawling winter storm was expected to unleash ice, snow and strong winds across the U.S. Northeast on Thursday after spawning dozens of tornadoes that killed three people and …
- Business News
California approves $2.9 billion investment to double car chargers in state
by Reutersby Reuters(Reuters) – The California Energy Commission on Wednesday approved a $2.9 billion investment plan to accelerate the state’s 2025 electric vehicle (EV) charging and hydrogen refueling goals. The investment will …
- Business News
Adding EVs to U.S. biofuels law is environmental agency’s 2023 task
by Reutersby ReutersBy Stephanie Kelly NEW YORK (Reuters) – The Biden administration could change the nation’s biofuel blending law next year to offer lucrative credits to electric vehicle manufacturers like Tesla, a …
- Business News
Keystone pipeline break spilled diluted bitumen, complicating cleanup
by Reutersby ReutersBy Rod Nickel and Mrinalika Roy (Reuters) -The oil spilled from TC Energy Corp’s ruptured Keystone pipeline was diluted bitumen, the U.S. Environmental Protection Agency (EPA) said on Thursday, adding …
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By Jeff Mason, Daphne Psaledakis and Andrea Shalal WASHINGTON (Reuters) -U.S. President Joe Biden on Thursday announced he would support the African Union joining the G20 group of large economies …
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WASHINGTON (Reuters) – The Biden administration on Thursday added Chinese memory chipmaker YMTC and 21 “major” Chinese players in the artificial intelligence chip sector to a trade blacklist, broadening its …
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BOGOTA (Reuters) – Colombia’s minimum wage will increase by 16% in 2023, President Gustavo Petro said on Thursday, higher than the previous wage hike. The minimum wage will rise to …
- Business News
Oil prices slid 2% as dollar firms and central banks hike interest rates
by Reutersby ReutersBy Scott DiSavino NEW YORK (Reuters) -Oil prices slid about 2% on Thursday as traders worried about the fuel demand outlook due to a stronger dollar and further interest rate …
- Business News
Bank of Mexico hikes rate to 10.50%, signals another increase coming
by Reutersby ReutersBy Brendan O’Boyle and Anthony Esposito MEXICO CITY (Reuters) -The Bank of Mexico raised its key interest rate by an expected 50 basis points to a record 10.50% on Thursday, …
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By Angus McDowall and Tarek Amara ZARZIS, Tunisia (Reuters) – Tunisia holds an election on Saturday but, in the coastal town of Zarzis, teenager Ismail Challahki and others like him …
- US and World News
Harry accuses Prince William of screaming at him, his aides of leaking stories
by Reutersby ReutersBy Michael Holden LONDON (Reuters) -Prince Harry and his wife Meghan piled fresh criticism on the British royals in new episodes of their documentary series released on Thursday, accusing his …
- Business News
Nikola founder seeks new trial, says juror concealed bias against wealthy
by Reutersby ReutersBy Jody Godoy (Reuters) – Nikola Corp founder Trevor Milton asked a judge in New York on Thursday to overturn his conviction on charges of defrauding investors in the electric …
- US and World News
Slovak parliament dumps centre-right cabinet, early election an option
by Reutersby ReutersBy Robert Muller and Jason Hovet (Reuters) -Slovakia’s minority centre-right government lost a no-confidence vote on Thursday, raising political instability and possibly bringing an early election sometime in 2023 while …
- US and World News
Tensions rise between Armenia and Azerbaijan over blocked supply corridor
by Reutersby ReutersTBILISI (Reuters) -Russia expressed concern on Thursday over escalating tensions between Armenia and Azerbaijan as a key road linking Armenia to the disputed Nagorno-Karabakh enclave remained blocked for the fourth …
- Business News
EU leaders seek proposals by end of January on preserving industry
by Reutersby ReutersBRUSSELS (Reuters) – EU leaders called on the European Commission on Thursday to present proposals by the end of January to preserve European industry that is under threat from higher …
- Business News
Ericsson sees margin at lower end of target, pushes for cost cuts
by Reutersby ReutersBy Supantha Mukherjee, Niklas Pollard and Martin Coulter LONDON/STOCKHOLM (Reuters) – Swedish telecom equipment maker Ericsson said on Thursday it would reach the lower end of its long-term target of …
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LONDON (Reuters) – Investment bank JPMorgan ramped up its forecast on Thursday for how high euro zone interest rates will go to 3.25% from 2.50%, after the European Central Bank …
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FRANKFURT (Reuters) – European Central Bank President Christine Lagarde offered fellow policymakers back-to-back interest rate hikes worth 50 basis points each to secure a majority for Thursday’s policy decision, four …
- Business News
ECB slows rate hikes but pledges more to keep up inflation fight
by Reutersby ReutersBy Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank eased the pace of its interest rate hikes on Thursday but stressed significant tightening remained ahead and …
- Business News
Brazil’s Guedes predicts monetary easing by mid 2023, GDP rising 3%
by Reutersby ReutersBRASILIA (Reuters) – Brazil’s Economy Minister Paulo Guedes projected on Thursday interest rates would start to fall by mid-2023 and the economy would expand by 3% again. Speaking at an …
- US and World News
With ropes and hands, trawler crew save dozens of migrants from freezing waters after dinghy sinks
by Reutersby ReutersBy Andrew MacAskill LONDON (Reuters) -The crew of a British fishing boat helped prevent what could have been a much larger tragedy when they rescued more than 30 migrants from …