Today: November 19, 2024
Today: November 19, 2024

Latest From Reuters

Business|Finance|Technology|US

Tesla to lose $7,500 consumer tax credits for some Model 3 vehicles

Tesla's Model 3 Rear-Wheel Drive and Long Range vehicles will lose an up to $7,500 federal tax credit from Dec. 31 based on new guidance under the U.S.

Tesla to lose $7,500 consumer tax credits for some Model 3 vehicles
Business|Economy|Finance|US

Fed flags end of rate hikes, sees lower borrowing costs in 2024

The Federal Reserve held interest rates steady on Wednesday and signaled in new economic projections that the historic tightening of U.S. monetary policy engineered over the last

Fed flags end of rate hikes, sees lower borrowing costs in 2024
Business|Finance

Factbox-Scandal-hit companies which went after executive compensation

BP on Monday cut over $40 million in compensation from former CEO Bernard Looney after the British oil giant concluded he had knowingly misled the board over personal relationships with

Factbox-Scandal-hit companies which went after executive compensation
Election|News|Political|US

US judge pauses Trump 2020 election case while he appeals immunity ruling

A U.S. judge on Wednesday paused the federal case accusing Donald Trump of attempting to illegally overturn the results of the 2020 election while the former U.S. president

US judge pauses Trump 2020 election case while he appeals immunity ruling
MidEast|News|World

Los Angeles freeway blocked by Jewish protesters against Gaza war

Activists from a Jewish group demanding a ceasefire in the Gaza Strip blocked traffic on a busy Los Angeles highway during Wednesday morning's rush hour and snarled traffic for

Los Angeles freeway blocked by Jewish protesters against Gaza war
Business|Economy|Finance|News|US

US CFTC OKs crypto firm Bitnomial's vertical integration plan

The U.S.

US CFTC OKs crypto firm Bitnomial's vertical integration plan
Business|Finance|News|Stock Markets

Dow notches first record close in almost two years as Fed signals lower rates

The Dow Jones Industrial Average notched its first record high close since January 2022 on Wednesday after the Federal Reserve signaled lower borrowing costs are coming in 2024.

Dow notches first record close in almost two years as Fed signals lower rates
News|US|World

SEC says Credit Suisse entities to pay $10 million over prohibited mutual fund services

The U.S.

SEC says Credit Suisse entities to pay $10 million over prohibited mutual fund services
Business|Finance|Stock Markets|Technology|US

Apple reaches record high close as Fed signals rate cuts

Apple's stock reached a record high close on Wednesday, lifted in a broad Wall Street rally after the Federal Reserve signaled lower borrowing costs are coming in 2024.

Apple reaches record high close as Fed signals rate cuts
Business|Finance|Technology|US

Adobe embroiled in anti-trust issues, forecasts revenue below estimates

Photoshop maker Adobe said on Wednesday it was facing regulatory scrutiny over its subscription models and forecast annual and quarterly revenue below estimates, sending its shares down

Adobe embroiled in anti-trust issues, forecasts revenue below estimates
Business|Economy|Finance

New Zealand central bank warns Citi's local unit over breach of international payments rule

The Reserve Bank of New Zealand (RBNZ) said on Thursday it had issued a formal warning to Citigroup's local unit for failing to provide sender information in international payment

New Zealand central bank warns Citi's local unit over breach of international payments rule
News|US|World

Russia notes falling U.S. support for Ukraine, says Kremlin

Russia is watching as U.S. military support for Ukraine declines and Kyiv suffers setbacks on the battlefield, Kremlin spokesperson Dmitry Peskov said in interviews made public on

Russia notes falling U.S. support for Ukraine, says Kremlin
Business|Finance|Stock Markets|Technology

Nasdaq hit by system error affecting thousands of stock orders - Bloomberg News

Nasdaq was hit by a system error on Wednesday that impacted thousands of stock orders and led to some being canceled, Bloomberg News reported, citing people with knowledge of the matter.

Nasdaq hit by system error affecting thousands of stock orders - Bloomberg News
Business|Technology

Tesla shortens expected delivery waiting time for Model 3, Y in China

Tesla has shortened the expected delivery waiting time for its Model 3 and Model Y in China to two to six weeks from six to nine weeks previously, according to its Chinese website

Tesla shortens expected delivery waiting time for Model 3, Y in China
Asia|Economy|Finance

Hong Kong central bank leaves interest rate unchanged, tracks Fed

The Hong Kong Monetary Authority (HKMA) on Thursday left its base rate charged through the overnight discount window unchanged at 5.75%, tracking a move by the U.S.

Hong Kong central bank leaves interest rate unchanged, tracks Fed
Economy|Finance|News|US

Barclays sees Fed delivering its first rate cut in June

Barclays expects the Federal Reserve to deliver its first rate cut of 25 basis points in June, with two others expected at every other meeting, citing soft producer price index (PPI) data

Barclays sees Fed delivering its first rate cut in June
Australia|Business|Finance|Stock Markets

ANZ appeals court decision over troubled 2015 share placement worth $1.7 billion

Australia's ANZ Group said on Thursday it had appealed against a Federal Court decision that found the lender guilty of not disclosing that its underwriters had bought nearly one-third of

ANZ appeals court decision over troubled 2015 share placement worth $1.7 billion
Economy|News|World

US says Ukraine conflict is damaging Russian economy - FT

The conflict in Ukraine is significantly impacting Russia's economy, raising domestic prices, and forcing Moscow to devote a third of its budget on defense, the Financial Times reported on

US says Ukraine conflict is damaging Russian economy - FT
MidEast|News|World

Iran warns against proposed U.S.-backed Red Sea force - ISNA

Iran's Defence Minister Mohammad Reza Ashtiani warned that a proposed U.S.-backed multinational task force to protect shipping in the Red Sea would face "extraordinary problems",

Iran warns against proposed U.S.-backed Red Sea force - ISNA
Business|Health|News|Science|World

Ban flavoured vapes, WHO says, urging tobacco-style controls

The World Health Organization (WHO) on Thursday urged governments to treat e-cigarettes similarly to tobacco and ban all flavours, threatening cigarette companies' bets on smoking

Ban flavoured vapes, WHO says, urging tobacco-style controls
Business|Economy|Europe|News

EU top court scraps 250 million euro tax order vs Amazon

Europe's top court on Thursday scrapped an EU order for Amazon to pay 250 million euros ($273 million) in back taxes to Luxembourg, part of EU antitrust chief Margrethe Vestager's

EU top court scraps 250 million euro tax order vs Amazon
Business|News|World

Russian court extends pre-trial detention for WSJ reporter Gershkovich -Ifax

A Moscow сourt ruled on Thursday that Wall Street Journal reporter Evan Gershkovich must remain in custody until Jan. 30, 2024.

Russian court extends pre-trial detention for WSJ reporter Gershkovich -Ifax
News|World

Poll shows Palestinians back Oct. 7 attack on Israel, support for Hamas rises

Almost three in four Palestinians believe the Oct. 7 attack by Hamas on Israel was correct, and the ensuing Gaza war has lifted support for the Islamist group both there and in

Poll shows Palestinians back Oct. 7 attack on Israel, support for Hamas rises
News|Science|Technology|World

Pope calls for binding global treaty on artificial intelligence

Pope Francis called on Thursday for a legally binding international treaty to regulate artificial intelligence.

Pope calls for binding global treaty on artificial intelligence
Business|Economy|Finance|Stock Markets|US

Marketmind: Matching the Fed's green light

A look at the day ahead in U.S. and global markets from Mike Dolan Judged by the sharp drop in the dollar, European central banks may find it hard to match the dovishness from the Federal Reserve

Marketmind: Matching the Fed's green light

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