Analysis-Why is UK inflation so high?
By Andy Bruce LONDON (Reuters) – Britain’s unwanted status as the only large advanced economy still to have double-digit inflation…
Business
Biden’s push for electric vehicles hits deep in the heart of Texas
By Norihiko Shirouzu and Joseph White SAN ANTONIO, Texas (Reuters) – At Toyota Motor Corp’s sprawling factory here, just 16…
Stellantis recalls 131,700 Ram trucks over powertrain software issue – NHTSA
(Reuters) – Stellantis will recall 131,700 Ram 1500 pickup trucks manufactured in 2021 due to a powertrain software issue, the…
Netflix shares slip; five charts that break down its earnings
By Nivedita Balu and Tiyashi Datta (Reuters) – Netflix Inc’s shares fell nearly 3% on Wednesday after the streaming pioneer…
Shanghai auto show crowds flock to BYD’s Seagull
By Casey Hall SHANGHAI (Reuters) – At the Shanghai auto show this week, the largest crowds can be found around…
Canadian housing starts slow as BoC rate hikes weigh
By Fergal Smith TORONTO (Reuters) -Canadian housing starts fell more than expected in March, contributing to a slower trend in…
U.S. crude stockpiles fall as refinery runs, exports rise- EIA
By Laura Sanicola (Reuters) -U.S. crude oil inventories last week fell more than forecast as refinery runs and exports rose,…
Morgan Stanley’s dealmaking CEO Gorman signals more purchases to come
By Saeed Azhar and Tatiana Bautzer NEW YORK (Reuters) -Morgan Stanley plans to buy more wealth and asset management businesses,…
Factbox-How big U.S. banks are managing bad loan reserves
(Reuters) – U.S. banking heavyweights set aside billions of dollars in the first quarter to account for potential bad loans,…
U.S. extends Citgo’s protection from creditors for three months
WASHINGTON (Reuters) – The U.S. on Wednesday extended for three months a license that protects Venezuela-owned oil refiner Citgo Petroleum…