US trucking firm Yellow files for bankruptcy, blasts Teamsters
By Abhijith Ganapavaram, Priyamvada C and Juby Babu (Reuters) -Some 30,000 workers at Yellow Corp were looking for jobs on…
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Aussie banks margins seen falling; outlook key in high-rate environment
By Upasana Singh and Rishav Chatterjee (Reuters) – Australia’s biggest banks are likely to report narrower profit margins in the…
Public debt expected to fall in most Pacific countries -World Bank
By Lucy Craymer WELLINGTON (Reuters) – Public debt in most Pacific countries is expected to fall in the next 12…
Texas power use hits new high again amid heat wave
(Reuters) – Demand for power in Texas hit a record high on Monday for the eighth time this summer as…
Brazil official defends progress on protecting forests, blasts EU ban
By Ana Mano SAO PAULO (Reuters) – Brazil believes European Union rules banning products coming from areas of deforestation are…
Lucid sticks to production goal, has enough cash for electric SUV next year
By Akash Sriram and Abhirup Roy (Reuters) -Luxury electric vehicle maker Lucid stuck to its annual production target on Monday…
Biden to name new monument restricting mining near Grand Canyon
ABOARD AIR FORCE ONE (Reuters) – U.S. President Joe Biden on Tuesday plans to name a new federal monument covering…
Yuan loses core support as firms leave China
By Samuel Shen and Tom Westbrook SHANGHAI/SYDNEY (Reuters) -Since China opened to foreign investment in 1978 under Deng Xiaoping, global…
Wall St closes up, regains ground as US inflation report nears
By David French (Reuters) – U.S. stocks finished higher on Monday, regaining some of the ground lost last week, as…
Profits for Brazil’s Itau Unibanco up 14%, beat expectations
By Peter Frontini SAO PAULO (Reuters) -Brazilian lender Itau Unibanco reported a 14% increase in second-quarter net profit from a…