US new residence gross sales rebound in Could; shopper sentiment at report low

Carpenters work on constructing new townhomes which might be nonetheless underneath development whereas constructing materials provides are in excessive demand in Tampa, Florida, US, Could 5, 2021. REUTERS / Octavio Jones / File Photograph Register now for FREE limitless entry to Reuters.com Register New residence gross sales rebound 10.7% in Could; April information revised up … Read more

Studying the market tea-leaves for international recession dangers

A Wall Road signal outdoors the New York Inventory Trade in New York Metropolis, New York, US, October 2, 2020. REUTERS / Carlo Allegri // File Photograph Register now for FREE limitless entry to Reuters.com Register LONDON, June 24 (Reuters) – The quickest rate-hiking cycle in a long time and inflation nearing double-digits has acquired … Read more

Unique: After strain from Toyota chief, Japan emphasised assist for hybrids

TOKYO, June 24 (Reuters) – Toyota Motor Corp’s (7203.T) chief lobbied the Japanese authorities to clarify it supported hybrid automobiles as a lot as battery electrics or face dropping the auto business’s assist, a senior lawmaker informed a ruling social gathering assembly. The lobbying by Akio Toyoda, president of Toyota and chairman of the Japan … Read more

US bans gross sales of Juul e-cigarettes, firm to hunt keep on enforcement

June 23 (Reuters) – Gross sales of Juul e-cigarettes have been blocked by the U.S. Meals and Drug Administration on Thursday, in a serious blow to the as soon as high-flying agency whose merchandise have been tied to a surge in teenage vaping. The company stated the functions “lacked adequate proof” to indicate that sale … Read more

Biden administration leans on Tesla for steerage in renewable gas coverage reform

June 23 (Reuters) – US President Joe Biden not often mentions electrical automobile maker Tesla Inc (TSLA.O) in public. However privately his administration has leaned on the corporate to assist craft a brand new coverage to permit electrical automobiles (EVs) to learn from the nation’s profitable renewable gas subsidies, based on emails reviewed by Reuters. … Read more

Shares and oil tumble as recession fears mount

European shares, US futures tumble as risk-on temper evaporates Oil costs hunch over 4% forward of anticipated Biden measure Bond yields drop however euro zone spreads widen Greenback bulls pound yen to new 24-year low Graphic: International asset efficiency LONDON, June 22 (Reuters) – World inventory markets and oil costs hit the skids on Wednesday … Read more

Unique: Contained in the hangar on the heart of the $ 1 billion Airbus-Qatar jet dispute

DOHA, June 22 (Reuters) – Two high-tech Airbus A350 jets sit idle with their home windows taped and engines lined in a floodlit hangar within the Gulf, hobbled by a world authorized dispute between European industrial large Airbus (AIR.PA) and Qatar’s nationwide service. From a distance, the planes may look like another long-haul jetliners crowding … Read more

Crypto’s newest meltdown leaves punters bruised and bewildered

LONDON / MUMBAI / ANKARA, June 21 (Reuters) – For Jeremy Fong, US crypto lender Celsius was a perfect place to stash his digital forex holdings – and earn some spending cash from its double-digit rates of interest alongside the best way. “I used to be most likely incomes $ 100 every week,” at websites … Read more

Western Europeans wilt in early summer season heatwave, compounding local weather change fears

Spaniards swelter as temperatures head for above 40 Celsius Out of doors occasions stopped in a part of France, drought hits Italy Even hats off allowed at upmarket British horse-racing occasion MADRID / PARIS, June 17 (Reuters) – Spain headed for its hottest early summer season temperatures in 4 many years on Friday, one space … Read more

Hometown seems to aspiring Colombia VP Marquez to ship on inequality guarantees

SUAREZ, Colombia June 16 (Reuters) – Former neighbors and colleagues in Colombia’s largely marginalized Cauca province hope vp candidate Francia Marquez, a single mom and former housekeeper, will assist areas affected by violence and poverty if her ticket wins the election on Sunday. However it’s unclear how a lot freedom Marquez, 40, must perform her … Read more