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Bitcoin could hit $100,000 by end-2024, Standard Chartered says

BY Reuters  • April 25, 2023April 25, 2023
By Elizabeth Howcroft LONDON (Reuters) -Top cryptocurrency bitcoin could reach $100,000 by the end of 2024, Standard Chartered said on Monday, saying that the so-called “crypto winter” is[...]
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Asia Business Economy Europe Newsletter Technology UK Updated US

Chile bid to boost state control over lithium spooks investors

BY Reuters  • April 22, 2023April 22, 2023
By Alexander Villegas and Ernest Scheyder SANTIAGO (Reuters) -Chile has moved to boost state control over its lithium industry as it seeks to diversify from mining into batteries and other areas, spoo[...]
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Business Latin America Newsletter Updated US

Airline capacity constrained until 2025 due to delivery delays, spare parts -IATA

BY Reuters  • April 19, 2023April 19, 2023
DUBLIN (Reuters) – Global airline capacity will be lower than expected this year and stay constrained until 2025 at the earliest, warned IATA director general Willie Walsh, due to delays in new[...]
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Business Economy Europe Newsletter Updated US

Big investors amp up California’s port truck-charging plan

BY Reuters  • April 17, 2023April 17, 2023
By Lisa Baertlein LOS ANGELES (Reuters) – California’s bustling seaports, dominated by massive container vessels and soaring cranes, may seem an unlikely setting for investors seeking to c[...]
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Business Environment Europe Newsletter Updated US

Airlines, repair shops in N. America eye used, generic parts to keep aircraft flying

BY Reuters  • April 13, 2023April 13, 2023
By Allison Lampert and Abhijith Ganapavaram (Reuters) – Airlines and aircraft repair shops in North America are increasingly relying on used and generic parts to keep jets flying, a symptom of t[...]
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Business Canada Newsletter Top News US

US March CPI comes in on the cool side

BY Reuters  • April 12, 2023April 12, 2023
NEW YORK (Reuters) – U.S. consumer prices barely rose in March as the cost of gasoline declined, but stubbornly high rents kept underlying inflation pressures simmering, likely ensuring that the[...]
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Business Economy Newsletter Updated US

Britain’s Cineworld shareholders to be wiped out in restructuring plan

BY Reuters  • April 11, 2023April 11, 2023
(Reuters) -Cineworld said on Tuesday it had filed a reorganisation plan in a Texas bankruptcy court that will effectively wipe out existing shareholdings, sending its stock to an all-time low. The fil[...]
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Business Economy Europe Newsletter UK Updated US

Oil settles lower as rate-hike worries balance tighter supplies

BY Reuters  • April 10, 2023April 10, 2023
By Laura Sanicola (Reuters) -Oil prices settled lower on Monday, after rising for three straight weeks, as concern about further interest rate hikes that could curb demand balanced the prospect of a t[...]
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Business Economy Europe Middle East Newsletter UK Updated US

Walmart plans own EV charger network at U.S. stores by 2030

BY Reuters  • April 6, 2023April 6, 2023
By Siddharth Cavale and Abhirup Roy NEW YORK (Reuters) – Walmart Inc plans to have its own network of electric vehicle charging stations by 2030 to tap into the growing adoption of EVs in the Un[...]
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Business Environment Newsletter Updated US
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