Exclusive-Stellantis, partner Leapmotor scrap plan to make second EV model in Poland, sources say
SHANGHAI (Reuters) – Stellantis and its Chinese partner Leapmotor have scrapped a plan to make a second electric vehicle model…
2024
Exclusive-Biden administration buys last oil for emergency reserve as fund taps out
By Timothy Gardner WASHINGTON (Reuters) – The Biden administration said on Friday it has bought its last batch of oil…
Tesla hits $1 trillion market value as Musk-backed Trump win fans optimism
(Reuters) – Tesla’s market value breached the $1 trillion-mark in a sharp rally on Friday, on growing bets of a…
Vanguard to pay $40 million to mutual fund investors stuck with big tax bills
By Jonathan Stempel (Reuters) – Vanguard Group, the largest U.S. manager of mutual fund assets, agreed to pay $40 million…
Trump Media shares slump as US election euphoria fades
(Reuters) – Shares of Trump Media & Technology Group slumped to a two-week low on Thursday, as speculative bets on…
US Cellular to sell some spectrum licenses to AT&T for $1 billion
(Reuters) – United States Cellular said on Thursday it has agreed to sell a portion of spectrum licenses used to…
Putin, after Trump win, says a struggle for a new world order is underway
SOCHI, Russia (Reuters) – President Vladimir Putin condemned the United States on Thursday for seeking to inflict a strategic defeat…
Exclusive-EU regulators investigate if Visa, Mastercard fees harm retailers, document shows
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators are investigating whether the fees charged by Visa and Mastercard…
Blackstone Real Estate to take Retail Opportunity private in $4 billion deal
(Reuters) – Blackstone Real Estate on Wednesday entered into an agreement to take Retail Opportunity Investments Corp private in an…
Under Trump, a unified Congress could push through tax and spending cuts
By David Morgan WASHINGTON (Reuters) – Donald Trump’s Republicans looked set on Wednesday to possibly win control of both chambers…