US discussed ‘overcapacity’ in Chinese solar manufacturing, coal in climate talks
By Valerie Volcovici WASHINGTON (Reuters) – The United States and China discussed Chinese overcapacity in solar and battery manufacturing, steel…
Year: 2024
US Treasury posts $210 billion surplus in April
(Reuters) – The U.S. federal budget surplus in April increased from a year earlier as a boost in tax receipts…
McDonald’s considering $5 meal deal launch to draw diners, source says
(Reuters) -McDonald’s U.S. franchises are considering launching a $5 meal deal, a source familiar with the matter said on Friday,…
After layoffs, Musk says Tesla to spend $500 million on charging network
(Reuters) -Tesla will spend more than $500 million this year to expand its fast-charging network, CEO Elon Musk said on…
Hunter Biden loses bid to dismiss gun charges, clearing way for June trial
By Tom Hals WILMINGTON, Delaware (Reuters) -A federal appeals court panel rejected a bid by U.S. President Joe Biden’s son…
Airbnb slumps as gloomy forecast fans slowdown fears
(Reuters) -Airbnb shares tumbled nearly 7% in afternoon trading on Thursday after weak forecasts for the second quarter stoked investor…
Green steel needs tiered incentives to become reality in Asia: Russell
By Clyde Russell SINGAPORE (Reuters) -It’s time for a reality check about decarbonising Asia’s vast and growing steel sector. Reducing…
Analysis-Bear market for diesel spells fresh troubles for oil
By Ahmad Ghaddar, Trixie Yap and Shariq Khan LONDON/SINGAPORE/NEW YORK (Reuters) – Profit margins for diesel are slumping as new…
Pfizer agrees to settle over 10,000 Zantac lawsuits, Bloomberg News reports
(Reuters) -Pfizer has agreed to settle more than 10,000 lawsuits about cancer risks related to the now discontinued heartburn drug…
US paused Israel weapons shipment due to Rafah, US defense secretary says
By Phil Stewart and Idrees Ali WASHINGTON (Reuters) -President Joe Biden decided to hold back delivery of high payload munitions…