Ecuador’s Debt Payments Not Affected By Luxembourg Asset Freeze – Government Says
By Alexandra Valencia QUITO (Reuters) – Ecuador’s capacity to meet its external debt obligations has not been affected by a…
August 2022
Russia curtails oil shipments to central Europe
Several countries in Europe dependent on Russian energy suffered another blow with confirmation Tuesday that oil shipments have stopped through…
Warren Buffett’s company has bet $47B on the oil sector
OMAHA, Neb. (AP) — Warren Buffett’s company has bought up more than $11 billion worth of Occidental Petroleum stock this…
Biden Signs Bill To Boost U.S. Chips, Compete With China
By David Shepardson and Jeff Mason WASHINGTON (Reuters) -President Joe Biden on Tuesday signed a landmark bill to provide $52.7…
Dreaded ‘down Rounds’ Shave Billions Off Startup Valuations
By Manya Saini (Reuters) – Several high-flying startups are being brought down to earth, as a recent carnage in global…
Most electric vehicles won’t qualify for federal tax credit
DETROIT (AP) — A tax credit of up to $7,500 could be used to defray the cost of an electric…
U.S. Accuses Chinese Company Of Helping ZTE Hide Business With Iran
By Karen Freifeld WASHINGTON (Reuters) -The U.S. Commerce Department on Tuesday accused Far East Cable, China’s largest wire and cable…
Homegrown foundation leader builds bridges, trust in Flint
FLINT, Mich. (AP) — Isaiah Oliver carefully parks his car in the crumbling parking lot of North Flint’s Greater Holy…
Ralph Lauren, Capri Beat Revenue Estimates On Resilient Luxury Demand
(Reuters) – Ralph Lauren Corp and Michael Kors-owner Capri Holdings beat quarterly revenue estimates on Tuesday, underscoring the unwavering demand…
Oil Rises As Russian Pipeline Halt Revives Supply Fears
By Alex Lawler LONDON (Reuters) – Oil rose over $1 a barrel on Tuesday, reversing an earlier decline, after Russia…