White House says China’s economic data has had transparency issues
(Reuters) – The White House, pressed on Wednesday about recent Chinese growth, said there were issues with the transparency of…
August 16, 2023
Steel union head calls ArcelorMittal bid for US Steel ‘foolish’
By Bianca Flowers (Reuters) – United Steel Workers (USW) International President Tom Conway on Wednesday called ArcelorMittal’s bid consideration for…
Wheels Up flies for now, but private-jet rivals see opportunity
By Allison Lampert (Reuters) – Loss-making private jet firm Wheels Up Experience nabbed a key $500 million lifeline but still…
OpenAI acquires start-up Global Illumination to work on core products, ChatGPT
(Reuters) – OpenAI said on Wednesday it had acquired digital products company Global Illumination, in what comes as the first…
Former U.S. officials urge Congress to enhance Biden’s China investment order
WASHINGTON (Reuters) – A bipartisan group of former senior U.S. national security officials urged Congress on Wednesday to dedicate resources…
US says working to identify alternative paths for Ukraine grain exports
By Humeyra Pamuk and Daphne Psaledakis WASHINGTON (Reuters) – The United States on Wednesday condemned Russia’s continued attacks on Ukraine’s…
Seven US state officials oppose Kroger’s proposed Albertsons acquisition
By Diane Bartz WASHINGTON (Reuters) -Officials from seven U.S. states wrote to U.S. antitrust enforcers on Wednesday to ask for…
Lula approval rises on economic optimism, lower food prices -Brazil poll
BRASILIA (Reuters) -Approval of President Luiz Inacio Lula da Silva’s government increased in August on voter perceptions that Brazil’s economy…
Dollar ticks higher versus yen, China fears drag on yuan
By Hannah Lang WASHINGTON (Reuters) – The Japanese yen further weakened against the dollar on Wednesday, hovering in a zone…
Oil settles lower as China fears, rate hikes counter tight US supply
By Laura Sanicola (Reuters) -Oil prices settled lower on Wednesday despite a large drawdown in U.S. crude stocks as investors…