California-based EV maker Lucid opens first-ever auto plant in Saudi Arabia
Californian EV-maker Lucid has opened the first ever car manufacturing plant in Saudi Arabia, as the kingdom looks to establish itself as a global player in the EV race.
2023-09-28 01:48
America's emergency oil reserve is at a 40-year low — and that could inflate oil prices, Goldman Sachs says
America's emergency oil stockpile has plunged to 40-year lows. The shrinking Strategic Petroleum Reserve is limiting Washington's ability to shield consumers from the fallout of Saudi Arabia's aggressive supply cuts, according to Goldman Sachs.
2023-09-28 01:45
Sam Bankman-Fried can wear suits at trial, judge rules
By Luc Cohen NEW YORK (Reuters) -Sam Bankman-Fried, the jailed former cryptocurrency billionaire known for his casual appearance, can dress
2023-09-28 01:00
Legal fog over central bank digital currencies "unacceptable", BIS warns
By Marc Jones LONDON Developing national digital currencies are at risk due to a lack of legal powers
2023-09-28 00:55
Kia, Hyundai recall 3.37 million US vehicles over fire risks
By David Shepardson WASHINGTON (Reuters) -Hyundai and Kia are recalling a combined 3.37 million vehicles in the United States due
2023-09-27 23:58
China Investor Gloom on Property Reaches Record, Survey Finds
A record share of Chinese investors plan to cut their allocation in property over the next year, a
2023-09-27 23:25
Glencore and Seriti Weigh Job Cuts in South Africa Due to ‘Dire’ Train Situation
Glencore Plc and Seriti Resources Holdings Ltd. are in talks to cut hundreds of jobs in South Africa
2023-09-27 23:19
U.S. sues eBay over sale of aftermarket motor vehicle products
NEW YORK The U.S. government on Wednesday sued eBay, accusing the online retail platform of violating federal environmental
2023-09-27 22:49
Brazil's central bank chief says tight policy needed despite inflation slowdown
BRASILIA Brazilian central bank chief Roberto Campos Neto on Wednesday said policymakers need to persevere in anchoring inflation
2023-09-27 22:45
US durable goods orders beat expectations; core capital goods rebound
WASHINGTON (Reuters) -Orders for long-lasting U.S. manufactured goods rose in August as an increase in machinery offset a plunge in
2023-09-27 22:20
France targets inflation with 2024 budget bill
By Leigh Thomas PARIS (Reuters) -France's government will raise welfare and pension payouts next year to help households fight inflation
2023-09-27 21:57
Bank of England delays final Basel bank capital rules to July 2025
By Huw Jones LONDON (Reuters) -The Bank of England on Wednesday said it would delay by six months to July
2023-09-27 21:15