Tesla to feel commodity cost pain until second half of 2023
By Aditya Soni and Akash Sriram (Reuters) -A recent pullback in commodity prices will aid Tesla Inc’s bruised margins only…
Business
Lawyers win big in $787.5 million Fox defamation case
By Andrew Goudsward (Reuters) – The $787.5 million settlement that ended Dominion Voting Systems’ defamation lawsuit against Fox Corp also…
ECB’s Lagarde: “still a bit of a way to go” on monetary policy
PARIS (Reuters) -Euro zone inflation is too high and the European Central Bank’s monetary policy “still has a bit of…
Cannabis companies look to ‘4/20’ to light up sales
By Mrinalika Roy (Reuters) – From cannabis-infused flowers to edible weed gummies, marijuana companies are pulling out all the stops…
Amazon to expand office supplies business after pandemic sales boost in Europe
LONDON (Reuters) – Amazon plans to expand its business selling office supplies in Europe and internationally after the pandemic helped…
Taiwan’s Starlux pushes Airbus on deliveries as it adds long-haul routes
By Ben Blanchard TAIPEI (Reuters) – Taiwan’s Starlux Airlines Co Ltd is pushing Airbus SE to speed up deliveries as…
BlackRock’s Hildebrand says UBS role in Switzerland in focus after CS rescue
By Yoruk Bahceli and Padraic Halpin DUBLIN (Reuters) -The vice chairman of big UBS shareholder BlackRock Philipp Hildebrand said on…
US space industry funding drops 53% in Q1, hitting 8-year low – report
By Akash Sriram and Tanya Jain (Reuters) -Investments in the U.S. space industry dropped 53% to $2.2 billion in the…
India monetary tightening cycle not over, inflation remains a concern -MPC minutes
By Swati Bhat MUMBAI (Reuters) – India’s current rate tightening cycle may not be over as more hikes could be…
Credit Suisse has ‘learnt nothing’ from 2008 crash, London court told
By Sam Tobin LONDON (Reuters) – Credit Suisse was accused on Thursday of having “learnt nothing” from the 2008 financial…