MEXICO CITY (Reuters) -Mexican President Andres Manuel Lopez Obrador on Monday urged Mexican-Americans not to vote for Texas Governor Greg Abbott in response to Texas putting a barrier of orange buoys in the Rio Grande to stop migrants crossing into the United States. Mexico’s incoming foreign minister, Alicia Barcena, said last week that the barrier…
By Niket Nishant (Reuters) -U.S. mortgage data vendor Black Knight will sell its Optimal Blue business for $700 million, shedding a second unit to soothe regulatory concerns over its proposed buyout by NYSE-owner Intercontinental Exchange. Canadian business software firm Constellation Software will buy the unit, provided ICE closes its takeover, the companies said on Monday,…
By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Monday the United States was making good progress in bringing inflation down and she did not expect the U.S. economy to enter into a recession. Yellen, speaking to Bloomberg TV from India during a meeting of Group of 20 finance officials, said slower…
By Samrhitha A (Reuters) – Netflix investors will assess risks from the ongoing strike in Hollywood when the company reports quarterly results on Wednesday, but analysts said it was well positioned due to its solid pipeline of shows and international production crew. Striking Hollywood actors have joined film and television writers on picket lines, forcing…
FRANKFURT (Reuters) – Germany’s top union IG Metall on Monday called for Tesla to improve staffing conditions at its German gigafactory as it prepares to expand, with the carmaker due to publish its expansion plans for feedback from the community later this week. Tesla’s application to double the capacity of its Gruenheide site to 1…
(Reuters) – U.S. startup Fisker said on Monday it would produce 100 limited edition electric sports utility vehicles (SUVs) for the Indian market and expects to begin deliveries in the fourth quarter this year. The company had said in September it would begin selling its Ocean electric SUVs in India by July 2023, with local…
By Sarita Chaganti Singh and Shivangi Acharya GANDHINAGAR, India (Reuters) – Debt restructuring talks made little progress during the third finance meeting of the G20 countries in India as the bloc was unable to overcome key differences and low attendance due to domestic issues adding to the roadblocks. The finance ministers of the G20 countries…
By Ross Kerber (Reuters) – The world’s top asset manager BlackRock said it will offer proxy voting choices to U.S. retail investors of its biggest exchange-traded fund, expanding a strategy that could blunt criticism of how the firm considers environmental, social and governance (ESG) matters. A representative for New York-based BlackRock said it plans to…
(This July 16 story has been corrected to fix David Sandalow’s quote to say ‘climate diplomacy,’ not ‘diplomacy,’ in paragraph 6) By Valerie Volcovici WASHINGTON (Reuters) – The United States and China will look to revive efforts to combat global warming this week, in bilateral meetings that observers hope will raise the bar on ambitions…
By Akash Sriram (Reuters) – Tesla’s strategy to boost sales through price cuts is likely to have powered its strongest revenue growth in five quarters while dragging down margins to a three-year low in the April-June period. The Elon Musk-led electric-vehicle maker has since late last year launched a price war to stoke demand and…
