A look at the day ahead in European and global markets from Kevin Buckland It’s a volatile time for central bank watchers, when comments from one man can flip the script in a moment. Of course, the man responsible for the latest twist is a closely followed Fed governor and vice chair nominee, Philip Jefferson,…
(Reuters) – After a career spent navigating the toughest opponents on the court, 20-times major winner Roger Federer will now help commuters navigate the open road, as the newest voice of driving app Waze. The retired, polyglottic tennis star can offer directions in English, French, or German, and is the first person to record custom…
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla Inc has doubled discounts on some already made new Model 3 electric cars and offered discounts on the Model Y and others in its U.S. inventory to entice buyers amid economic uncertainty, rising competition and the upcoming redesign of its mainstay model. In California, a Model 3…
By David Kirton SHENZHEN, China (Reuters) – For the ambitious Chinese tech entrepreneur, expanding into the U.S. just keeps getting harder. Before 2019, there were few major impediments to having a Chinese company that did business in the U.S. from China. But amid escalating U.S.-Sino trade tensions, particularly after Washington slapped sanctions on telecom giant…
DUBLIN (Reuters) – Irish manufacturing activity shrank at its fastest pace in three years in May on sharp falls in output and new orders that reflected contractions in its global peers’ markets, a survey showed on Thursday. The AIB S&P Global manufacturing Purchasing Managers’ Index (PMI) fell to 47.5 from 48.6 in April, holding below…
By Kanishka Singh WASHINGTON (Reuters) – The United States will extend by another year the temporary suspension of tariffs on Ukrainian steel, the Commerce Department said on Wednesday, citing the Russian invasion of Ukraine. The United States initially suspended tariffs on Ukrainian steel for one year in May last year, months after the Russian invasion…
By David Milliken LONDON (Reuters) – Britain has a bigger inflation problem than the United States or the euro zone, with both large headline price rises and growing signs of persistence in underlying pressures, Bank of England policymaker Catherine Mann said on Wednesday. Mann, who has been the BoE’s keenest advocate of interest rate increases…
CHARLESTON, South Carolina (Reuters) – The certification of the Boeing Co 737 MAX 7 is taking a “considerable amount of time” due to new documentation requirements, but the planemaker still believes it can be certified by the end of the year, a company executive said on Wednesday. Both the MAX 7 and MAX 10 are…
By Pavel Polityuk KYIV (Reuters) – The U.N. has proposed that Kyiv, Moscow and Ankara start preparatory work for the transit of Russian ammonia through Ukraine as it tries to salvage a deal allowing safe Black Sea grain exports, a source close to the talks said on Wednesday. As the preparatory work starts, the U.N….
By Suban Abdulla LONDON (Reuters) – Starting salaries advertised in Britain reached the highest level in two years in April and there were the most job vacancies since December, suggesting some recovery in the labour market, according to job search website Adzuna. Adzuna’s survey showed advertised annual salaries had increased each month since October 2022,…
