Oil settles up 2% at 10-week high on weaker US dollar, rising demand forecasts
By Scott DiSavino NEW YORK (Reuters) -Oil prices jumped on Tuesday, settling up about 2%, boosted by a falling U.S….
Business
Daimler Truck sees revenue growing as it focuses on autonomous vehicles
(Reuters) -Daimler Truck expects revenues to grow as much as 60% between 2025 and 2030, top management of the truck…
Exclusive – Mexico’s Pemex to lose some 100,000 bpd of crude this month after fire – source
By Ana Isabel Martinez MEXICO CITY (Reuters) – Mexico’s state oil company Petroleos Mexicanos will see its crude output reduced…
Small business confidence reaches 7-month high in June, NFIB says
By Safiyah Riddle (Reuters) -U.S. small business confidence climbed to a seven-month high in June as pessimism about the economic…
Sapphire Ventures plans to invest over $1 billion in enterprise AI startups
By Krystal Hu (Reuters) -Sapphire Ventures plans to invest over $1 billion in AI enterprise startups, doubling down on the…
Analysis-Slow-selling EVs are the auto industry’s new headache
By Joseph White and Ben Klayman DETROIT (Reuters) -The U.S. electric vehicle market is growing, but not fast enough during…
Amtrak suspends some service after minor train derailment
WASHINGTON (Reuters) – U.S. passenger railroad Amtrak suspended service between Washington and Richmond, Virginia after a train derailed while traveling…
European shares rise, Irish stocks lead
By Shreyashi Sanyal (Reuters) -European shares ended higher on Tuesday amid investor hopes the U.S. Federal Reserve was nearing the…
Casino operator Melco eyes new markets with Cyprus resort launch
LIMASSOL, Cyprus (Reuters) – Asian casino operator Melco Resorts & Entertainment has launched an entertainment and gaming complex in Cyprus,…
EV charger maker Tritium wins order from Hawaii under federal funding program
By Abhirup Roy SAN FRANCISCO (Reuters) – Tritium DCFC said on Tuesday it had won an order from Hawaii to…