By Daphne Psaledakis WASHINGTON (Reuters) -The United States imposed sanctions on Tuesday on more than a dozen people and entities in China, Hong Kong and Iran, including Iran’s defense attache in Beijing, over accusations they helped procure parts and technology for key actors in Iran’s ballistic missile development. Earlier on Tuesday, the official IRNA news…
By Karen Brettell NEW YORK (Reuters) – The U.S. dollar gained against the euro and yen on Tuesday as investors focused on the likelihood that the Federal Reserve will continue hiking rates, while the Aussie jumped after the Reserve Bank of Australia (RBA) surprised with a rate increase. Fed officials are in a blackout period…
By Tom Wilson, Rae Wee and Hannah Lang (Reuters) -Investors have pulled around $1.43 billion from the crypto exchange Binance and its U.S. affiliate as of 11 a.m. ET (1500 GMT) on Tuesday, data firm Nansen said, a day after a top U.S. regulator sued both exchanges. Binance saw net outflows of $1.34 billion of…
By Scott DiSavino NEW YORK (Reuters) -Oil prices eased about 1% on Tuesday as worries that sluggish global economic growth could reduce energy demand outweighed Saudi Arabia’s pledge to deepen output cuts. Brent futures fell 42 cents, or 0.6%, to settle at $76.29 a barrel, while U.S. West Texas Intermediate (WTI) crude fell 41 cents,…
TORONTO (Reuters) – Canadian economic activity expanded in May at the slowest pace in three months, Ivey Purchasing Managers Index (PMI) data showed on Tuesday. The seasonally adjusted index fell to 53.5 in May from 56.8 in April, posting its lowest level since February. The Ivey PMI measures the month to month variation in economic…
(Reuters) -Apple Inc has acquired Mira, a Los Angeles-based AR startup that makes headsets for other companies and the U.S. military, the Verge reported on Tuesday, citing a post from Mira CEO’s private Instagram account and a person familiar with the matter. This comes a day after Apple unveiled a costly augmented-reality headset called the…
WASHINGTON (Reuters) – Former New Jersey Governor Chris Christie will seek the 2024 Republican presidential nomination, according to a filing made on Tuesday with U.S. Federal Election Commission. Reuters was not able to immediately confirm the authenticity of the filing. (Reporting by Eric Beech; Editing by Tim Ahmann)
WASHINGTON (Reuters) – A group of about a dozen Republicans in the U.S. House of Representatives on Tuesday staged a revolt against their leadership by blocking consideration of a bill related to the regulation of gas-fueled stoves. The move was in retaliation for Speaker Kevin McCarthy’s deal with Democratic President Joe Biden on raising the…
By Hyunjoo Jin and David Shepardson SAN FRANCISCO/WASHINGTON (Reuters) -Tesla Inc’s rapid adjustment of its battery supply chain means all of its Model 3 vehicles qualify for federal U.S. credits that, along with other tax breaks, could lower its price to less than a Toyota Camry. The Biden administration on Tuesday confirmed that all Tesla…
NEW YORK (Reuters) – U.S. hedge fund Citadel’s flagship portfolio posted a 6.14% return in the first five months of the year and its other portfolios also gained, an investor in the fund said on Tuesday. The Citadel Wellington fund, billionaire investor Ken Griffin’s flagship portfolio, ended the month with a 0.72% gain, the person…
