Renault CEO says sector could face billions in fines as EV sales slow
PARIS (Reuters) – Europe’s autos industry could face fines of 15 billion euros ($17.4 billion) for carbon emissions due to…
Vale, BHP, Samarco could close $18 billion deal over Brazil dam collapse, sources say
RIO DE JANEIRO (Reuters) -Mining companies Vale and BHP, together with their joint venture Samarco, may soon reach an agreement…
Ukraine forex reserves rise to $42.3 billion as of Sept 1
(Reuters) -Ukraine’s foreign currency reserves were up to $42.3 billion as of Sept. 1, the central bank said on Friday….
Economic worries back on Wall Street’s radar after jobs data
By Lewis Krauskopf and David Randall NEW YORK (Reuters) – Uncertainty over the U.S. economy’s health is rippling through markets,…
Well-timed GameStop options trade scores $550K profit after Roaring Kitty post
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A well-timed trade in GameStop’s options reaped a handsome profit on Friday…
Exclusive-US worries about steel supply for infrastructure after Nippon-US steel deal
By Alexandra Alper WASHINGTON (Reuters) – Nippon Steel’s proposed $14.9 billion takeover of U.S. Steel would create national security risks…
Harris campaign raises $300 million in August, NBC reports
(Reuters) – Democrat Kamala Harris’ campaign for U.S. president raised more than $300 million in the month of August, more…
Faster US settlement hit harder than expected, says Citi survey
By Laura Matthews NEW YORK (Reuters) – A shift to shorter settlement for U.S. securities transactions earlier this year had…
Biden preparing to block Nippon’s US Steel takeover, source says
By Jeff Mason WASHINGTON (Reuters) -U.S. President Joe Biden is preparing to block Nippon Steel’s acquisition of U.S. Steel, a…
AI likely to weigh on oil prices over the next decade, Goldman says
(Reuters) – Artificial intelligence could hurt oil prices over the next decade by boosting supply by potentially reducing costs via…