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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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