VW, Rivian, Nissan, BMW lose access to US EV tax credits
By David Shepardson (Reuters) – The U.S. Treasury said on Monday that Volkswagen, BMW, Nissan, Rivian, Hyundai and Volvo Cars…
Economy
Oil drops 2% on higher dollar, interest rate concerns
By Stephanie Kelly NEW YORK (Reuters) -Oil prices turned lower on Monday as the U.S. dollar strengthened and as investors…
Orchard Global hires former Capula chief exec Gentzel as COO
By Nell Mackenzie LONDON (Reuters) – Investment firm Orchard Global, which manages $8 billion of capital, has hired Fredrik Gentzel…
US SEC charges Bittrex with operating unregistered securities exchange
By Hannah Lang (Reuters) -The U.S. Securities and Exchange Commission on Monday charged cryptocurrency exchange Bittrex Inc and its former…
Inflation is a tough beast says German finance minister
BERLIN (Reuters) – Inflation is a risk for financial stability and central banks must take this into consideration, German Finance…
EY US to slash headcount days after nixing split
(Reuters) – Ernst & Young’s U.S. arm said on Monday it was shedding 5% of its workforce, less than a…
FTX celebrity promoters say crypto investors cannot sue over accounts
By Jody Godoy (Reuters) – Celebrities who promoted FTX, including NFL quarterback Tom Brady and comedian Larry David, said an…
US warns companies over Russian oil price cap evasion via ESPO pipeline
By Timothy Gardner and Moira Warburton WASHINGTON (Reuters) – The U.S. Treasury published a warning to U.S. companies on Monday…
Euro, dollar status should not be taken for granted -ECB’s Lagarde
FRANKFURT (Reuters) -The United States and the euro zone should not take the international status of their currencies for granted…
Brazil’s govt working on extra revenue measures for second half -official
BRASILIA (Reuters) – Brazil’s government is working on additional revenue measures to be announced in the second half of this…