Carvana’s License To Sell Vehicles In Illinois Suspended – State Official
(Reuters) – Online used-car retailer Carvana Co’s license to sell vehicles in Illinois was suspended on May 10 over the…
May 2022
Tencent Profit Halves, Revenue Flat As Crackdown And COVID-19 Weigh
By Josh Ye HONG KONG (Reuters) – China’s Tencent reported on Wednesday its quarterly profit halved from a year ago…
Stellantis To Start Reshuffle Of Dealer Network From Austria, Belgium, Netherlands
VERONA, Italy (Reuters) – Stellantis will start a reshuffle of its European dealers’ network next year from Austria, Belgium and…
Analysis-Elon Musk Can’t Easily Give Twitter The Boot Over Bots
By Katanga Johnson and Michelle Price (Reuters) – Elon Musk may find a way to prove his claim that spam…
Qatar to boost investment in Spain by $4.9 billion
BARCELONA, Spain (AP) — Qatar committed Wednesday to investing 4.7 billion euros ($4.9 billion) in Spain as the European country…
China Lockdowns Impeding Supply Chain Recovery, Slowdown Risks Spillovers, Yellen Says
BONN, Germany (Reuters) -U.S. Treasury Secretary Janet Yellen said on Wednesday that COVID-19 lockdowns in China appear to be impeding…
Chevron To Launch CCS Project In San Joaquin Valley
(Refiles to fix syntax in headline) (Reuters) -Chevron Corp said on Wednesday it was launching a carbon capture and storage…
Exclusive-Panama To Develop Largest Advanced Biorefinery To Make Lower-carbon Aviation Fuel
By Stephanie Kelly NEW YORK (Reuters) – The government of Panama and energy companies, including SGP BioEnergy, plan to develop…
Wall Street Set To Open Lower As Rally Led By Growth Stocks Wanes
By Amruta Khandekar (Reuters) -Wall Street’s main indexes were set for a lower open on Wednesday following a sharp rally…
Tencent Profit Halves, Revenue Flat, As Ad Sales Slump
By Josh Ye HONG KONG (Reuters) -China’s Tencent posted a quarterly profit that had halved from a year ago and…