US extends certain COVID-related exclusions from China tariffs
(Reuters) – The U.S. Trade Representative’s Office said on Friday it was extending exclusions from tariffs for 77 of 81…
Business
Trading platform Tradeweb in talks about US default contingency plans
NEW YORK (Reuters) – Bond trading platform Tradeweb is in talks with clients, industry groups and other market participants about…
US Chamber of Commerce sues securities regulator over new share buyback rule
By Chris Prentice NEW YORK (Reuters) -A powerful U.S. business lobby group sued the Securities and Exchange Commission on Friday…
US consumer sentiment plummets to six-month low on debt ceiling debacle
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer sentiment slumped to a six-month low in May on worries that political…
China says Tesla to fix software for 1.1 million cars on braking issue
SHANGHAI/BEIJING (Reuters) -China’s market regulator said Tesla Inc will fix software in more than 1 million vehicles to reduce the…
HSBC to pay $75 million in penalties to settle U.S. CFTC charges
By Chris Prentice NEW YORK (Reuters) -Units of HSBC Holdings Plc have agreed to pay $75 million to settle U.S….
EU antitrust regulators extend decision on Broadcom, VMware deal to June 26
BRUSSELS (Reuters) – EU antitrust regulators extended on Friday their deadline for a decision on U.S. chipmaker Broadcom’s proposed $61…
CBO sees US default in first half of June without debt ceiling increase
By David Lawder WASHINGTON (Reuters) -The United States faces a “significant risk” of defaulting on payment obligations within the first…
Analysis-Biden’s power plant proposal poses huge test for carbon capture
By Valerie Volcovici and Timothy Gardner (Reuters) – The Biden administration’s plan to decarbonize the U.S. power sector envisions the…
Virgin Orbit plans to move back deadline for bidders – source
By Joey Roulette (Reuters) – Satellite launch company Virgin Orbit is planning to move back the deadline for prospective bidders…