EU plans to prevent taxpayer cash being used to save failing banks
By Huw Jones (Reuters) -The European Union on Tuesday proposed making it harder for states to pour billions of euros…
US
Republicans to block Feinstein substitute on Senate Judiciary – McConnell
WASHINGTON (Reuters) – U.S. Senate Republicans will block Democrats’ plans to temporarily replace Senator Dianne Feinstein on the committee that…
Britain plays down impact of US leaks, says some information untrue
By Phil Stewart WASHINGTON (Reuters) – Britain on Tuesday played down the impact from the leaks of highly classified U.S….
Despite SVB collapse, FDIC on track to recoup insurance losses: Chair
(Reuters) – Despite the second- and third-largest bank failures in U.S. history last month, the U.S. Federal Deposit Insurance Corporation…
Once-dominant foreign auto brands pledge comeback in China
SHANGHAI (Reuters) -Global automakers, including Toyota and Volkswagen, took the stage at the Shanghai auto show on Tuesday with built-for-China…
Lockheed Martin taps strong defense demand to beat results estimates
By Mike Stone and Shivansh Tiwary (Reuters) -U.S. weapons maker Lockheed Martin Corp’s first-quarter results surpassed Wall Street targets on…
UK regulator probes Amazon’s planned purchase of iRobot
(Reuters) -Britain’s competition regulator said on Tuesday it has launched a “Phase 1” probe into Amazon.com Inc’s planned $1.7 billion…
EU may struggle to catch up with U.S., Asia in chips subsidies race
By Foo Yun Chee and Supantha Mukherjee BRUSSELS/STOCKHOLM (Reuters) – The European Union agreed a 43-billion-euro ($47 billion) chip subsidies…
Teck’s base metals business attracts offers from Freeport, Vale, Anglo – sources
By Mrinmay Dey (Reuters) -Teck Resources Ltd has been approached by Vale SA, Anglo American Plc and Freeport-McMoRan Inc among…
Russia summons Western diplomats over ‘meddling’ in dissident’s case
By Andrew Osborn MOSCOW (Reuters) -Russia’s Foreign Ministry summoned the U.S., British and Canadian ambassadors for a dressing down on…