Author Archives: Syndicated Content
Exclusive-Revolut audit queries, skittish regulators complicate its UK licence bid -sources
By Stefania Spezzati and Amy-Jo Crowley LONDON (Reuters) - After the accuracy of Revolut Ltd.'s accounts drew scrutiny from regulators, the firm's plan to secure a U.K. banking licence is facing delay...
Apr 06, 2023
'You are loved,' White House press secretary tells LGBTQ youth
By Nandita Bose WASHINGTON (Reuters) - A flurry of recent state bills targeting LGBTQ kids and gender affirming care for youth sets a dangerous precedent, the White House said Thursday, while encourag...
Apr 06, 2023
Tesla to use iron-based batteries in Semi electric trucks and affordable electric car
By Hyunjoo Jin and Paul Lienert San Francisco (Reuters) - Tesla Inc said it plans to expand the use of cheaper, iron-based batteries to a version of its Semi heavy electric trucks and an affordable el...
Apr 06, 2023
Brazil offers to host August summit for Amazon rainforest alliance
BRASILIA (Reuters) - Brazil is offering to host a regional summit in early August to renew the Amazon Cooperation Treaty Organization (ACTO), bringing together countries containing parts of the Amazon...
Apr 06, 2023
Germany, France join EU proceedings against Hungary over anti-LGBT law
BERLIN (Reuters) - Germany and France are joining the EU Commission's infringement proceedings against Hungary over its anti-LGBT law, a German government spokesperson said on Thursday. The European C...
Apr 06, 2023
Explainer-How are money market funds preparing for a potential debt ceiling crisis?
By John McCrank NEW YORK (Reuters) - Assets in money market funds have soared to record levels, drawing investors with their safe-haven appeal and yields that far exceed those paid on bank deposits. T...
Apr 06, 2023
'Powell's curve' plunges to new lows, flashing US recession warning
By Davide Barbuscia NEW YORK (Reuters) - The Federal Reserve's preferred bond market signal of an upcoming recession has plunged to fresh lows, bolstering the case for those who believe the central ba...
Apr 06, 2023
Millennial and Gen Z travelers have bigger budgets but seek deals, Hopper app says
By Doyinsola Oladipo NEW YORK (Reuters) - Most Millennial and Generation Z travelers are planning bigger 2023 travel budgets but also growing more cost-conscious when booking flights and hotel accommo...
Apr 06, 2023
US GAO denies Lockheed protest of Textron $7 billion Army helicopter deal
By Mike Stone WASHINGTON (Reuters) -The U.S. Government Accountability Office on Thursday denied Lockheed Martin Corp's protest of the Army contract for the Future Long Range-Assault Aircraft worth as...
Apr 06, 2023
Brazil prosecutors seek $2.5 billion in damages from alleged orange juice cartel
By Ricardo Brito (Reuters) - Giants of the orange juice trade in Brazil have become defendants in a class-action lawsuit seeking billions in damages over an alleged price-fixing scheme that ran betwee...
Apr 06, 2023
