Friday, November 8, 2024

Bussiness

Texas natural-gas pipeline eases bottlenecks, paves way for higher shale output

By Georgina McCartneyMIDLAND, Texas (Reuters) - A new pipeline carrying shale natural gas from west Texas toward export hubs on the U.S. Gulf Coast...

NHTSA opens probe into 2.4 million Tesla vehicles over Full Self-Driving collisions

(Reuters) -The National Highway Traffic Safety Administration said on Friday it has opened an investigation into 2.4 million Tesla vehicles after one of them...

Court mediator proposes $23.6 billion settlement by Philip Morris, BAT and JTI units in Canada

(Reuters) - Philip Morris said on Friday that a Canadian court-appointed mediator has proposed a plan to end the tobacco litigation, involving a payment...

Canadian court mediator proposes $23.6 billion tobacco settlement by Philip Morris, BAT and JTI units

(Reuters) -A Canadian court-appointed mediator has proposed a C$32.5 billion ($23.6 billion) settlement by the units of Philip Morris, British American Tobacco and Japan...

China Moves to Support Markets After Data Showing Economy Slowed

(Bloomberg) -- China’s central bank moved to support markets just as data showed the economy expanding the least in six quarters, signaling the government’s...

Analysis-Investors buy, then bide time on China

By Tom Westbrook, Dhara Ranasinghe and Naomi RovnickSINGAPORE/LONDON (Reuters) - Global investors are buying China and betting last month's rally has legs, but few...

Stock market today: World stocks gain as China releases plan to finance share buybacks

BANGKOK (AP) — World shares have mostly gained after China’s central bank released plans for supporting the stock market through share repurchases by companies...

Nomura Clients Halt Trades With Firm Over Manipulation Case

(Bloomberg) -- Some of Japan’s largest financial institutions have halted trading securities with Nomura Holdings Inc. as the fallout from its market manipulation scandal...

Wealthier Americans are driving retail spending and powering US economy

WASHINGTON (AP) — It’s a trend that has surprised many: Why, despite being squeezed by high prices, have Americans kept spending at retail stores...

BAT says close to settling Canadian tobacco litigation

(Reuters) - British American Tobacco said on Friday a plan has been filed in a Canadian court to potentially resolve and settle its Canadian...

Northvolt Nears $300 Million Rescue Package to Ease Crunch

(Bloomberg) -- Northvolt AB is closing in on an about $300 million rescue package that includes debt and equity, according to people familiar with...

Chinese Stocks Rebound as PBOC Reinforces Support for Market

(Bloomberg) -- Chinese stocks advanced on Friday following a slew of positive headlines from the central bank, which reinforced its determination to support the...

Latest news