Business News

By Joseph White and Ben Klayman DETROIT (Reuters) -The U.S. electric vehicle market is growing, but not fast enough during the latest quarter to prevent unsold EVs from stacking up …

By Shreyashi Sanyal (Reuters) -European shares ended higher on Tuesday amid investor hopes the U.S. Federal Reserve was nearing the end of its interest rate hiking cycle and as China …

LIMASSOL, Cyprus (Reuters) – Asian casino operator Melco Resorts & Entertainment has launched an entertainment and gaming complex in Cyprus, marking its first foray into Europe as it seeks to …

By Abhirup Roy SAN FRANCISCO (Reuters) – Tritium DCFC said on Tuesday it had won an order from Hawaii to make high-speed electric vehicle chargers – the first funds to …

By Hannah Lang (Reuters) – May the best exchange win? Crypto platforms are vying for dominance in the United States, the world’s biggest market, following a regulatory crackdown that’s shaken …

By Nupur Anand, Niket Nishant and Saeed Azhar NEW YORK (Reuters) -Wall Street banks are expected to report higher profits for the second quarter as rising interest payments offset a …

(Reuters) – Digital World Acquisition has named Eric Swider as CEO, handing the interim boss reins of the blank-check company that is looking to complete its planned merger with former …

LONDON (Reuters) – The dollar’s grip as the dominant global currency is loosening, credit rating agency S&P Global’s top economist said on Tuesday. Aggressive U.S. sanctions such as last year’s …

WASHINGTON (Reuters) – U.S. Senator Elizabeth Warren, a Democrat and frequent merger critic, joined three other lawmakers on Tuesday to urge the Defense Department to thoroughly review defense contractor L3Harris …

By Jorge Otaola BUENOS AIRES (Reuters) -An Argentine team is traveling on Tuesday to the United States to meet with officials from the International Monetary Fund (IMF) to negotiate terms …

By Foo Yun Chee BRUSSELS (Reuters) – Amazon is challenging its inclusion in a group of companies subject to tough European Union online content rules, in a move that may …

WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday that the IMF expects global growth around 3% annually for the next five years, well below historical …

ERWIN, NY – The New York State Police are investigating the use of a credit card skimming device at Walmart in the town of Erwin, Steuben County. The device was …

(Reuters) – Boeing delivered 60 passenger jets in June as it rebounded from production issues, boosting its total for the first half to 266 airplanes and marking a 23% improvement …

WASHINGTON (Reuters) – The U.S. Treasury Department on Tuesday said it was calling for Large Position Reports from entities holding more than $10.2 billion worth of a six-month Treasury bill …

By Gabriel Araujo SAO PAULO (Reuters) -Brazil’s annual inflation in June fell to its lowest level since September 2020, data from statistics agency IBGE showed on Tuesday, renewing bets that …

By Qiaoyi Li and Kevin Yao BEIJING (Reuters) -China’s new bank loans jumped more than expected in June from the previous month, helped by central bank efforts to support the …

(Reuters) – U.S. banking giants are scheduled to report second-quarter results starting this week as the industry tries to move past the turmoil caused by the crisis in regional lenders …

LONDON (Reuters) – Deutsche Bank said on Tuesday it now expects the Bank of England to raise interest rates by half a percentage point at its August meeting. Data released …

By Victoria Waldersee and Jan Schwartz BERLIN/HAMBURG (Reuters) – Volkswagen was challenged by an investor association on Tuesday about the planned audit of its co-owned site in Xinjiang, China, adding …

By Foo Yun Chee BRUSSELS (Reuters) – The European Commission on Tuesday set out a plan in a bid to take the lead in the metaverse – shared virtual worlds …

(Reuters) – Salesforce will raise prices for some of its cloud and marketing tools by an average 9% from August, the maker of software for customer relations management said, sending …

By Jeffrey Dastin and Stephen Nellis (Reuters) – Anthropic, an artificial intelligence startup backed by Google, on Tuesday widened consumer access to its chat program Claude and upgraded underlying technology …

(Reuters) – The decline in global personal computer shipments slowed in the second quarter, with Apple outperforming the market with a 51% jump thanks to strong demand for its recently …