Despite $90 crude, US oil output capped by weak natgas prices
By Liz Hampton (Reuters) – U.S. crude oil prices last week climbed to their highest this year, but a weak…
TSMC wins $6.6 billion US subsidy for Arizona chip production
By David Shepardson and Stephanie Kelly WASHINGTON (Reuters) -The U.S. Commerce Department said on Monday it would award Taiwan Semiconductor…
US, China need ‘tough’ conversations, Yellen tells Chinese premier
By David Lawder BEIJING (Reuters) -U.S. Treasury Secretary Janet Yellen on Sunday raised her concerns about China’s excess industrial capacity…
China central bank to set up $70 billion tech re-lending programme
BEIJING (Reuters) – China’s central bank will set up a 500 billion yuan ($70 billion) re-lending programme to support the…
Trump says $50 million raised from biggest fundraiser yet
By Alexandra Ulmer (Reuters) – Republican presidential candidate Donald Trump’s campaign said a major fundraiser in Florida on Saturday raked…
Tesla casts doubt on the quest for a Model T of EVs
By Joseph White DETROIT (Reuters) -Henry Ford democratized car ownership with his ultra-cheap, mass-produced Model T, and Elon Musk once…
US, China hold military talks in Hawaii
WASHINGTON (Reuters) -U.S. military officials met their Chinese counterparts earlier this week for a series of meetings in Hawaii focused…
Paramount could acquire Skydance in $5 billion all-stock deal, WSJ reports
(Reuters) -A deal between Paramount Global and Skydance Media could see the media conglomerate acquire the independent studio in an…
Apple asks US appeals court to reverse Apple Watch import ban
By Blake Brittain (Reuters) – Apple urged a U.S. appeals court on Friday to overturn a U.S. trade tribunal’s decision…
Trump suffers twin setbacks as judges reject calls to dismiss charges
By Andrew Goudsward WASHINGTON (Reuters) -Donald Trump suffered a pair of legal setbacks on Thursday as judges spurned his calls…