EV maker Fisker pushes into emission credit market to boost sagging business
(Reuters) -Electric vehicle startup Fisker has signed a deal to sell emission credits to a major automaker, looking to enter…
Business
Teck receives several proposals for coal unit amid Glencore takeover bid
By Divya Rajagopal TORONTO (Reuters) -Teck Resources said on Tuesday it has received several proposals for its steelmaking coal business,…
US EPA to remove proposed EV volumes from biofuel blending rule – sources
By Jarrett Renshaw and Stephanie Kelly NEW YORK (Reuters) – The Biden administration will abandon a proposal to include the…
Bitcoin surges 5.56% to $27,171
(Reuters) – Bitcoin rose 5.56% to $27,171 at 19:57 GMT on Tuesday, adding $1,432 to its previous close. Bitcoin, the…
GitLab soars on plan for new AI-powered product
By Chibuike Oguh NEW YORK (Reuters) – Shares of GitLab Inc jumped more than 35% on Tuesday after the software…
Merck sues US government to halt Medicare drug price negotiation
By Michael Erman NEW YORK (Reuters) -Merck & Co sued the U.S. government on Tuesday, seeking to halt the Medicare…
Reddit to lay off about 5% of its workforce
(Reuters) – Reddit said on Tuesday it is laying off about 5% of its workforce, or 90 employees, joining a…
Alternative asset specialist Beneficient set to complete $3.3 billion SPAC merger
By Svea Herbst-Bayliss NEW YORK (Reuters) – Beneficient is set to go public this week with a blank-check vehicle in…
Greenback gains, Aussie jumps on RBA rate hike
By Karen Brettell NEW YORK (Reuters) – The U.S. dollar gained against the euro and yen on Tuesday as investors…
Binance, US affiliate hit by net outflows of $1.43b since SEC lawsuit, data shows
By Tom Wilson, Rae Wee and Hannah Lang (Reuters) -Investors have pulled around $1.43 billion from the crypto exchange Binance…