Jul 4, 2023 | Asia, Business, Economy, Europe, Politics, Technology, US
(Reuters) -China will control exports of some metals used in the semiconductor industry, ramping up a technology war with the United States and potentially causing more disruption to global supply chains. Here’s what people are saying about the measure: LUCY...
Jul 3, 2023 | Business, Economy, US
By Lucia Mutikani WASHINGTON (Reuters) – U.S. manufacturing slumped further in June, reaching levels last seen when the nation was reeling from the initial wave of the COVID-19 pandemic, but price pressures at the factory gate continued to deflate, a silver...
Jul 3, 2023 | Business, Economy, US
By Saeed Azhar NEW YORK (Reuters) -Bank of America and Citigroup said on Monday they had begun a dialogue with the Federal Reserve to understand differing results between the central bank’s stress test and the companies’ own under the Dodd-Frank Act. BofA...
Jul 3, 2023 | Business, Economy, Europe, Technology, US
By Foo Yun Chee BRUSSELS (Reuters) -Microsoft is likely to face a European Union antitrust investigation in the coming months after remedy discussions with the EU watchdog to avert such a move appear to have hit a roadblock, people familiar with the matter said....
Jul 3, 2023 | Asia, Business, Economy, Europe, Technology, US
By Aditya Soni (Reuters) -Tesla shares jumped about 7% on Monday after better-than-expected quarterly deliveries showed that Chief Executive Elon Musk’s plan of boosting volumes through discounts was working. The day’s gains lifted the top U.S....
Jul 3, 2023 | Business, Economy, US
By Lewis Krauskopf, Bansari Mayur Kamdar and Johann M Cherian (Reuters) – Wall Street’s main indexes ended with slim gains in a holiday-shortened session on Monday, helped by a surge in Tesla and strength in bank shares as the second half of the year...
