(Reuters) – Billionaire Elon Musk’s bankers are considering providing the Tesla Inc Chief Executive Officer with new margin loans backed by the U.S. automaker’s stock to replace some of the…
(Reuters) – JPMorgan Chase & Co, Bank of America Corp and Citigroup Inc are all weighing plans to cut bonus pools for their investment bankers by as much as 30%,…
By Nivedita Bhattacharjee BENGALURU (Reuters) – The startup behind India’s first private space launch plans to put a satellite into orbit in 2023 and expects to be able to do…
Energy Chief Who Pushed To Slash Oil And Gas Investments Now Decries ‘Global Energy Crisis’ John Hugh DeMastri on October 25, 2022 Fatih Birol, Executive Director of the International Energy…
By Laila Bassam, Timour Azhari and Tom Perry BEIRUT (Reuters) – Lebanon plans to slash its official exchange rate, replacing the 1,507 per dollar rate adopted 25 years ago with…
By Valerie Volcovici WASHINGTON (Reuters) – Countries need to ramp up spending dedicated to cutting methane emissions in order to rapidly slash greenhouse gases and meet global climate goals, John…
By Giuseppe Fonte ROME (Reuters) – Mario Draghi’s outgoing Italian government is preparing to cut its growth estimate for 2023 to just above 0.5% as the energy crisis weighs on…
(Reuters) – Planemaker Boeing Co said on Tuesday it plans to cut about 150 finance jobs in the United States this year to simplify its corporate structure and focus more…
By Paul Lienert (Reuters) – Michigan-based startup Our Next Energy has unveiled a new anode-free battery pack designed to slash cell cost as much as 50% while delivering up to…
By Essi Lehto and Anne Kauranen HELSINKI (Reuters) -Finland on Thursday slashed value-added tax on electricity to 10% from 24% over the winter and said it would pay more subsidies…
By Ashitha Shivaprasad and Peter Hobson (Reuters) – Analysts and traders have sharply lowered their price forecasts for platinum and palladium as a global economic slowdown reduces demand, a Reuters…
(Reuters) -Amarin Corp Plc said on Monday it would cut its workforce by 40%, as the drugmaker’s fish-oil derived heart drug faces stiff competition from generic rivals in the United…
By Paul Lienert and Ben Klayman (Reuters) – Ford Motor Co needs to overhaul its century-old business model – from slashing advertising spending to reworking its dealer network – if…
(Reuters) – Russia’s inflation this year could be lower than previously expected thanks to a recovery in the rouble, which should give the central bank room to cut interest rates…
TOKYO – Honda Motor Co is planning to cut production by about 50% on two lines of one of its domestic factories in early May due to chip shortages and…
– Sensor maker Velodyne Lidar Inc said on Monday founder David Hall and wife Marta Hall have cut their stake in the company to 10.1% from 42.9%. David Hall also…
WASHINGTON – Persistent high oil prices prompted by Russia’s invasion of Ukraine could cut a full percentage point off the growth off large oil-importing developing economies like China, Indonesia, South…