Ford agrees to $9.2 billion US government loan
Ford and its South Korean battery manufacturing partner SK On have agreed to a loan of $9.2 billion from the US Department of Energy as part of President Joe Biden's push to bring more electric vehicle production to the United States.
2023-06-23 00:46
Quality of new vehicles in US declining on more tech use, study shows
Quality of new vehicles sold in the United States is declining as factors such as growing use of
2023-06-23 00:28
IMF Touts $100 Billion for Poorest; Zambia Deal: Paris Update
The International Monetary Fund confirmed rich countries have channeled $100 billion to finance lending for the world’s poorest
2023-06-23 00:16
Egypt Climate Bond May Get Vital Guarantee From Asian Bank
The Asian Infrastructure Investment Bank, a multilateral development bank, is in talks to guarantee a climate-related bond being
2023-06-22 23:59
Bud Light rolls out a new ad campaign to turn around slumping sales
Bud Light is trying to revive its slumping brand with a new marketing campaign aimed at -- appropriately -- overcoming adversity.
2023-06-22 23:56
Hog Herds to Shrink as US Farms Lose Money, Smithfield Warns
American pig farmers are losing so much money that some may soon start selling the corn they would
2023-06-22 23:55
Utility’s Mystery 952% Rally Prompts Polish Regulator Probe
The Polish Securities Commission is investigating potential insider trading in the shares of utility EC Bedzin SA after
2023-06-22 23:52
Brazil traders hold bets on August interest rate cut despite doubts
BRASILIA Brazilian financial markets on Thursday showed many traders still betting the central bank will kick off a
2023-06-22 23:52
Turkish State Banks Hold off Lira Defense in Policy Shift Signal
Turkey’s state-run banks didn’t intervene to prop up the lira on Thursday, even after a central bank interest-rate
2023-06-22 23:28
Fed’s Powell Says US May Need One or Two More Rate Hikes in 2023
Federal Reserve Chair Jerome Powell said returning US inflation to 2% is crucial to support the long-term health
2023-06-22 23:17
U.S. oil stocks at Cushing delivery hub hit 2-year peak
(Corrects attribution in seventh paragraph) By Stephanie Kelly and Nia Williams NEW YORK (Reuters) -U.S. crude oil inventories at the
2023-06-22 22:59
Fed's Powell tells Senate Democrats inflation hardest on working families
By Howard Schneider and Ann Saphir WASHINGTON U.S. Federal Reserve Chair Jerome Powell on Thursday defended the likely
2023-06-22 22:53