By Mahamat Ramadane and Sabrina Valle N’DJAMENA (Reuters) -Chad may ask its courts to block Savannah Energy’s purchase of Exxon Mobil Corp’s assets in the country, saying the final terms …
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German cum-ex mastermind handed 8-year jail sentence for tax fraud
by Reutersby ReutersBy Matthias Inverardi and Marta Orosz BONN, Germany (Reuters) -A tax lawyer, alleged to have masterminded one of Germany’s biggest post-war frauds, was sentenced to eight years in jail on …
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Ford adds work crew at Michigan plant as it boosts output of EV pickup
by Reutersby ReutersDEARBORN, Mich. (Reuters) -Ford Motor Co on Tuesday said it added a third work crew at an assembly plant near Detroit as it boosts production of its F-150 Lightning electric …
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Subaru recalls 271,000 U.S. vehicles for fire risks, urges drivers to park outside
by Reutersby ReutersBy David Shepardson (Reuters) -Subaru on Tuesday said it was recalling 271,000 Ascent sport utility vehicles with model years between 2019 to 2022 due to increased fire risks and urged …
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WASHINGTON (Reuters) – Alphabet Inc’s Google asked a federal court late on Monday to toss out the U.S. Justice Department’s 2020 lawsuit against it, which alleged that the search giant …
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By Ann Saphir (Reuters) – U.S. central bankers began their last policy-setting meeting of the year Tuesday with data suggesting inflation is finally cooling, allowing them to slow their interest-rate …
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BOJ should amend policy statement to include scope for rate changes – Nakazora
by Reutersby ReutersBy Takahiko Wada and Leika Kihara TOKYO (Reuters) – The Bank of Japan should change a policy statement so it has more flexibility to adjust interest rates instead of narrowly …
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California, states to appeal bid to stop $4 billion payout to Albertsons shareholders
by Reutersby ReutersWASHINGTON (Reuters) – The attorneys general of California, Illinois and Washington D.C., on Tuesday said they would appeal a federal court’s refusal to temporarily prevent Albertsons Companies Inc, which is …
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US and World News
Positive Moderna, Merck cancer vaccine data advances mRNA promise, shares rise
by Reutersby ReutersBy Julie Steenhuysen and Michael Erman CHICAGO (Reuters) – An experimental cancer vaccine from Moderna Inc based on the messenger RNA (MRNA) technology used in successful COVID-19 vaccines has been …
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United Airlines makes big Boeing order, includes 100 Dreamliners
by Reutersby ReutersBy David Shepardson and Rajesh Kumar Singh NORTH CHARLESTON, S.C./CHICAGO (Reuters) -United Airlines said Tuesday it is ordering 100 Boeing 787 Dreamliners and 100 737 MAXs as it pushes for …
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By David Shepardson NORTH CHARLESTON, S.C. (Reuters) – Boeing Co deliveries rose in November to 48 airplanes as new orders fell to 21 airplanes, consisting of 18 737 MAXs and …
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Chrysler parent Stellantis recalls 1.4 million pickup trucks over tailgate issue
by Reutersby ReutersBy David Shepardson (Reuters) -Chrysler parent Stellantis said Tuesday it is recalling 1.4 million pickup trucks worldwide because tailgates may not latch properly and could open while driving. The automaker …
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By Amruta Khandekar and Bansari Mayur Kamdar (Reuters) -European shares climbed on Tuesday after softer-than-expected U.S. inflation data spurred bets that the Federal Reserve would scale back the size of …
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USA-EU data transfer pact nears, EU says safeguards strong enough
by Reutersby ReutersBy Foo Yun Chee BRUSSELS (Reuters) -The European Union on Tuesday took a step closer to sealing a data transfer pact with the United States as it issued a draft …
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US and World News
Factbox-The European Parliament’s cash-for-influence scandal
by Reutersby ReutersBRUSSELS (Reuters) – Belgian authorities have charged four people linked to the European Parliament over allegations World Cup host Qatar lavished them with cash and gifts to influence decision-making. RAIDS …
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EU to consult on easier state aid rules to counter U.S. subsidy law
by Reutersby ReutersBy Foo Yun Chee BRUSSELS (Reuters) -The European Commission is seeking feedback on whether the 27-country bloc needs to loosen state aid rules to allow governments to support companies affected …
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Boom taps Kratos to power supersonic plane Overture, delays rollout
by Reutersby ReutersBy Abhijith Ganapavaram (Reuters) – Boom Supersonic struck a partnership with a unit of Kratos Defense & Security Solutions to develop an engine for its planned aircraft, after several leading …
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More top Pitney Bowes shareholders criticize management amid activist pressure
by Reutersby ReutersBy Svea Herbst-Bayliss NEW YORK (Reuters) – Two more top shareholders in Pitney Bowes Inc are criticizing how management is running the shipping and mailing company, echoing activist investment firm …
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Biden says inflation going down but do not take anything for granted
by Reutersby ReutersBy Steve Holland and Nandita Bose WASHINGTON (Reuters) – President Joe Biden on Tuesday said inflation in the United States was coming down and he hopes prices will be back …
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Ukraine’s GDP could halve this year if Russian attacks continue – PM
by Reutersby ReutersKYIV (Reuters) – Ukraine’s economy could shrink by 50% this year if Russia keeps attacking the national power grid and other critical infrastructure, Prime Minister Denys Shmyhal was quoted as …
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US and World News
U.S. accelerates Ukraine diplomacy as Europe slides into winter
by Reutersby ReutersBy Humeyra Pamuk and Michelle Nichols WASHINGTON (Reuters) – Nearly ten months into the war in Ukraine, the Biden administration is intensifying diplomatic efforts to ensure that the transatlantic alliance …
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Argentina inflation to cool slightly on food price freezes, analysts say
by Reutersby ReutersBy Hernan Nessi BUENOS AIRES (Reuters) – Argentina inflation is expected to have cooled slightly in November, a Reuters poll of analysts showed on Tuesday, though remains high with prices …
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As workers strike, UK public sector pay hits 19-year low in real terms
by Reutersby ReutersBy Andy Bruce LONDON (Reuters) – Average pay for British public sector workers fell to a 19-year low in October, after adjusting for inflation, according to official data on Tuesday …
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US and World News
Senior Russian official says he’s unaware of more prisoner swap talks with U.S
by Reutersby ReutersMOSCOW (Reuters) -Russian Deputy Foreign Minister Sergei Ryabkov said on Tuesday that he knew of no new scheduled contacts with the United States regarding further prisoner swaps in the wake …
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U.S. Supreme Court to hear dispute over Slack’s direct stock listing
by Reutersby ReutersBy Jody Godoy (Reuters) -The U.S. Supreme Court on Tuesday agreed to hear a bid by Slack Technologies Inc, part of Salesforce Inc, to avoid a lawsuit accusing the workplace …