BRUSSELS (Reuters) – The European Commission gave a guarded welcome on Thursday to guidance by the United States meaning that EU companies could partially benefit from the U.S. Inflation Reducti[...]
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Articles written by Reuters
Hedge funds set to mark worst returns in 14 years
By Patturaja Murugaboopathy and Summer Zhen (Reuters) – Global hedge funds are set to register their worst returns in 14 years in 2022 after aggressive U.S. interest rate rises hit asset prices[...]
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U.S. Treasury says consumer leases can qualify for EV tax credits
By David Shepardson (Reuters) -The U.S. Treasury Department said on Thursday that electric vehicles leased by consumers can qualify starting Jan. 1 for up to $7,500 in commercial clean vehicle tax cre[...]
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Wall Street surges in dip-buying rally, oil falls
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed sharply higher on Thursday, powered by a rebound in recently battered mega-cap growth stocks, while crude oil prices declined as a surge o[...]
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Biden admin to hold Southwest accountable if it fails to fulfill pledges to customers -Buttigieg
WASHINGTON (Reuters) – The Biden administration will hold Southwest Airlines “accountable” if it fails to fulfill commitments to customers for “controllable delays and cancella[...]
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Analysis-Is the party over? Mexico’s peso could lose solid gains in 2023
By Noe Torres MEXICO CITY (Reuters) – Mexico’s peso, which is ending 2022 with one of its strongest performances in a decade, could have its gains wiped out in 2023 after an expected end t[...]
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FTX customers ask bankruptcy court to keep their names secret
By Dietrich Knauth (Reuters) – A group of FTX customers from outside the United States have asked a U.S. bankruptcy judge to keep their names secret during the cryptocurrency exchange’s ba[...]
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TC Energy says Keystone pipeline returns to service
(Reuters) -Canadian pipeline operator TC Energy Corp said on Thursday it had completed a controlled restart of its Keystone crude oil pipeline to Cushing, Oklahoma, safely returning the pipeline to se[...]
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Novartis to pay $245 million to end antitrust cases over Exforge drug generics
By Jonathan Stempel NEW YORK (Reuters) -Novartis AG said on Wednesday it will pay $245 million to end antitrust litigation accusing the Swiss drugmaker of trying to delay the launch in the United Stat[...]
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