(Reuters) – Tesla Inc is planning to suspend production at its Shanghai factory for at least one day, Bloomberg News reported on Sunday, as China’s financial hub said it would…
By Aditi Shah NEW DELHI – Indian full-service airline Vistara is in talks with lessors about getting long-haul planes to cover a gap left by delays in Boeing 787 deliveries,…
– New Zealand media firm NZME said on Friday it has signed a letter of intent with Google to outline terms for news content delivery, as the country’s publishers take…
By Emma Farge GENEVA – Western countries are refusing to engage with Russia at the World Trade Organization (WTO) in Geneva in a coordinated move that has already led to…
Republicans Renew Criticism Of Efforts To Shut Key Oil Pipeline Amid Energy Crisis Thomas Catenacci on March 21, 2022 Republicans have renewed pressure on the State of Michigan to reverse…
By Joori Roh SEOUL – Kim Jin-woo, a 27-year old resident of Seoul battling COVID-19 and recovering at home under a new government policy, needed to see a doctor when…
Global Energy Group Asks Citizens To Sacrifice Amid Worldwide Crisis Thomas Catenacci on March 18, 2022 The International Energy Agency (IEA) released a 10-point plan Friday to reduce global reliance…
By Noah Browning LONDON -The International Energy Agency (IEA) on Friday urged consumers to travel less, share transport and drive more slowly, part of a 10-point plan to cut oil…
By Hannah Lang – Democratic U.S. senators introduced a bill on Thursday that would enable the president to sanction foreign cryptocurrency firms doing business with sanctioned Russian entities and prevent…
– Canada’s Nutrien Ltd, the world’s biggest fertilizer producer, said on Wednesday it plans to increase potash output by nearly 1 million tonnes this year to about 15 million tonnes…
Americans’ Spending Slows Dramatically Amid Surging Inflation And Gas Prices Harry Wilmerding on March 16, 2022 American’s spending slowed in February amid surging inflation and gas prices, the U.S. Census…
‘Significant Uncertainty’: Mortgage Demand Plummets Amid Sky-High Rates, Massive Inflation Harry Wilmerding on March 16, 2022 Mortgage demand plummeted in mid March after a sharp increase in rates and inflation,…
By Jan Strupczewski BRUSSELS – EU finance ministers agreed on Tuesday to subsidise household fuel prices and offer support to companies hit by surging energy prices as a result of…
BERLIN – Volkswagen is shifting production to China and the United states as a result of the war in Ukraine and will prioritise China this year, its Chief Executive Herbert…
US Astronaut To Fly Home On Russian Spacecraft Amid Rising Tension Laurel Duggan on March 14, 2022 American astronaut Mark Vande Hei will travel back to Earth with two Russians…
– Lyft Inc on Monday joined Uber Inc to levy fuel surcharge on rides from customers in an attempt to cushion the impact on drivers’ pockets from higher fuel costs.…
By Uditha Jayasinghe COLOMBO – Sri Lanka’s finance minister held talks with a top International Monetary Fund (IMF) official on Monday, two sources said, as the island nation seeks help…
– The S&P 500 index will end 2022 about 1% lower as commodity prices surge and the outlook for global economic growth weakens amid the conflict in Ukraine, Goldman Sachs…
Governors Nationwide Seek State Gas Tax Suspension Amid Surging Prices Thomas Catenacci on March 11, 2022 Several states are seeking to temporarily suspend local gas taxes to provide relief for…
– Uber Technologies Inc said on Friday U.S. customers, excluding New York City, will have to pay a fuel surcharge from March 16 as the ride-hailing firm tries to address…
ANNAPOLIS, MD—Maryland’s state coffers are filled with cash, according to Governor Larry Hogan and now he wants to pause the state’s gas tax. Hogan said with a budget surplus reported…
Democrats Aim To Increase Taxes On Big Oil Amid Record Gas Prices Thomas Catenacci on March 10, 2022 A group of House and Senate Democrats introduced legislation Thursday that would…
FRANKFURT – The European Central Bank raised its inflation projections on Thursday but cut its growth outlook as the conflict in Ukraine is likely to keep commodity prices high, sapping…
By Shashwat Awasthi and Harshita Swaminathan – Investors raised their bearish views on most Asian currencies, with short bets on the Indian rupee at a near two-year high, as Russia’s…
By Anisha Sircar and Rodrigo Campos NEW YORK – A rate hike cycle that started last year and low valuations had already made Latin America a darling destination for investors…