Saudi Finance Firm Morabaha Seeks Up to $83.4 Million in IPO
Saudi Arabia-based Morabaha Marina Financing is seeking to raise as much as 312.9 million riyals ($83.4 million) from
2023-05-14 16:54
Tax Cuts for Some a ‘Worthy Objective,’ Australia Treasurer Says
Australian Treasurer Jim Chalmers called tax relief for some earners a “worthy objective,” amid criticism that planned income
2023-05-14 09:21
Stellantis, LG Energy Spar With Canada Over EV Battery Plant
Automaker Stellantis NV said it will begin implementing “contingency plans” with its South Korean partner for electric vehicle
2023-05-13 23:53
New York Cements Itself as the Gold Mining Capital of the World
The momentum has been building for years, but this week made it official: the epicenter of the gold
2023-05-13 21:21
Why Tesla Keeps Changing Its Prices
Tesla Inc. has done seemingly nonstop tinkering with its prices this year, moving them lower in dramatic fashion
2023-05-13 19:54
US regulator urges recall of 67m airbag inflators
The parts maker rejected the request, saying investigators had not found any "systemic" defects.
2023-05-13 08:24
Soros Slashed Rivian Stake After 90% Drop From Peak, Exits Tesla
George Soros’s investment firm cut holdings in electric-vehicle makers, slashing a stake in Rivian Automotive Inc. after a
2023-05-13 06:54
US Urges Recall of 67 Million Air Bag Parts in Safety Mess
US regulators are urging a recall of 67 million air bag inflators they say could explode in a
2023-05-13 06:20
Debt ceiling: Still no plan to avoid a default, but major shifts in posture
After a week of meetings on the debt ceiling, Congress, the White House and the country still do not have a clear path forward to avoid a cataclysmic default with just four days when both the House and Senate are scheduled to be in session before June 1, when the US could default on its obligations. On one hand, it looks like this could go to the brink. On the other, there have been pockets of progress over the intervening days and signs that some of the most stringent and hardened positions negotiators have been echoing over the last three months are slowly beginning to soften.
2023-05-13 04:54
Pakistan's political crisis will deepen its economic misery
The political unrest that's engulfed Pakistan since former Prime Minister Imran Khan was arrested earlier this week will complicate efforts to secure a financial lifeline from the International Monetary Fund and exacerbate the country's economic crisis.
2023-05-13 02:27
'Every family should be concerned' about debt ceiling, consumer watchdog warns
Leaders in Washington are running out of time to avoid an unprecedented default on US debt. The top consumer watchdog in the federal government is warning of dire consequences for American families.
2023-05-13 02:22
U.S. Postal Service cracking down on rising mail theft
By David Shepardson WASHINGTON (Reuters) -The U.S. Postal Service said on Friday it is taking steps to crack down on
2023-05-12 22:28