United States

Detroit Three automakers will continue to require facial coverings

Detroit’s Big Three automakers and the United Auto Workers (UAW) union said on Wednesday that workers will continue to be…

4 years ago

U.S. Fed’s reverse repo volume surges to record half a trillion dollars

The Federal Reserve's reverse repurchase window on Wednesday took in $503 billion in cash, hitting a record peak for a…

4 years ago

Exxon’s board shakeup could force review of billions of dollars in spending

The recent overhaul of Exxon Mobil Corp's (XOM.N) board of directors could shift billions of dollars in spending and strategy…

4 years ago

Inditex ignited by post-lockdown clothing binge

Spanish fast fashion giant Inditex (ITX.MC) said sales in May and so far in June were twice as high as…

4 years ago

SoftBank-backed DoorDash enters Japan

U.S. food delivery firm DoorDash Inc (DASH.N), which is backed by SoftBank Group Corp (9984.T), announced the launch of services…

4 years ago

U.S. forming expert groups on safely lifting global travel restrictions

The Biden administration is forming expert working groups with Canada, Mexico, the European Union and the United Kingdom to determine…

4 years ago

Dollar teeters as inflation test looms

The dollar clung to a small bounce on Wednesday as traders looked to upcoming U.S. inflation data and a European…

4 years ago

Biden supply chain ‘strike force’ to target China on trade

The United States will target China with a new "strike force" to combat unfair trade practices, the Biden administration said…

4 years ago

Palihapitiya’s $16 mln bet on Clover worth $682 mln on Reddit rally

Serial dealmaker Chamath Palihapitiya's $16 million investment in the special purpose acquisition company (SPAC) that took Clover Health Investments Corp…

4 years ago

EXCLUSIVE Apple, Chinese manufacturers in talks on U.S. car battery factory -sources

Apple Inc (AAPL.O) is in early-stage talks with China’s CATL (300750.SZ) and BYD (002594.SZ), about the supply of batteries for…

4 years ago