Stocks decline in Asia, extending losses on Wall Street
Shares fell in Asia on Wednesday after Wall Street declined on fears the Federal Reserve will need to keep the…
2022
Mercedes To Double Electric Motor Output At Untertuerkheim – WiWo
BERLIN (Reuters) – Mercedes-Benz is to double production capacity for electric motors to 1 million units at its Untertuerkheim plant,…
Stocks Suffer Biggest Drop In Two Weeks; Dollar Gains On Upbeat U.S. Data
By Anshuman Daga SINGAPORE (Reuters) – Asian stocks logged their sharpest declines in two weeks but the dollar held on…
Oil Prices Climb After Russian Crude Sanctions Kick In
By Stephanie Kelly and Muyu Xu (Reuters) -Oil rebounded on Tuesday after plunging by more than 3% in the previous…
Australia’s central bank raises key interest rate to 3.1%
WELLINGTON, New Zealand (AP) — Australia’s central bank has raised its benchmark interest rate by a quarter-point to 3.1% as…
Australia Central Bank Raises Rates To 10-year High, Says More Needed
By Stella Qiu SYDNEY (Reuters) – Australia’s central bank on Tuesday raised interest rates to a 10-year high and stuck…
Australia Central Bank Raises Rates 25 Bp To 3.1%
SYDNEY (Reuters) – Australia’s central bank raised its cash rate 25 basis points to a 10-year high of 3.10% on…
Philippines Inflation At 14-year High, Backs Case For 50 Bps Rate Hike
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – Philippine annual inflation surged to a 14-year high in…
Exclusive: Musk’s Neuralink Faces Federal Probe, Employee Backlash Over Animal Tests
By Rachael Levy (Reuters) – Elon Musk’s Neuralink, a medical device company, is under federal investigation for potential animal-welfare violations…
California eyes penalties for oil companies’ big profits
SACRAMENTO, Calif. (AP) — California could become the first state to fine big oil companies for making too much money,…