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Pieridae seeks grant, loan or loan guarantee worth $925 million from government for Goldboro LNG terminal
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Taiwan's Pegatron to build Tesla parts plant in Texas - report
TAIPEI (Reuters) - Taiwan's Pegatron has chosen a site in El Paso, Texas, to build a plant that will provide components for Tesla Inc, Taiwanese newspaper the Commercial Times reported on Wednesday. The company said that details of its overseas ...
U.S. trade czar meets unions, companies as pressure mounts for IP waiver to boost vaccinations
By Andrea Shalal WASHINGTON (Reuters) - U.S. trade czar Katherine Tai is meeting with unions, industry executives and advocacy groups as Washington faces mounting pressure to back a temporary waiver of intellectual property rights to accelerate ...
Top pension manager IMCO re-allocating $3 billion global hedge fund portfolio
By Maiya Keidan TORONTO (Reuters) - Canadian pension manager Investment Management Corporation of Ontario (IMCO) is exiting its C$3.8 billion ($3 billion)investment in fund of hedge funds and re-investing in single-name strategies, CEO Bert Clark ...
Surprise drop in Japan machinery orders stokes recovery fears
By Tetsushi Kajimoto TOKYO (Reuters) - Japan's core machinery orders unexpectedly fell the most in about a year in February, government data showed, dashing hopes for a pick-up in capital expenditure needed for a private sector-led recovery from ...
Chinese Internet firms pledge to avoid anti-competitive behaviors
BEIJING (Reuters) - A dozen Chinese Internet platform companies pledged to avoid anti-competitive behaviors such as forcing vendors to use their platform exclusively, according to a statement on Wednesday from the State Administration for Market ...
Oil rises on drawdown in U.S. oil stocks, OPEC demand outlook
By Sonali Paul MELBOURNE (Reuters) - Oil prices rose in early trade on Wednesday, adding to overnight gains, after industry data showed U.S. oil inventories declined more than expected and OPEC raised its outlook for oil demand. Brent crude ...
Dollar at three-week low on tamped down fears over inflation
By Hideyuki Sano TOKYO (Reuters) - The dollar stood near three-week lows against the euro and the yen on Wednesday, after a larger-than-expected uptick in a U.S. consumer price gauge did not spark wider fears about accelerating inflation and the ...
France says EU push for tougher emissions rules goes too far: Le Figaro
PARIS (Reuters) - France believes proposals for stricter emission standards known as Euro 7, which would further push European carmakers to shift away from combustion engines, are going too far, finance minister Bruno Le Maire told Le Figaro ...
Singapore keeps monetary policy on hold amid patchy recovery
By Aradhana Aravindan SINGAPORE (Reuters) - Singapore's central bank kept monetary settings unchanged on Wednesday and said the accommodative policy stance was appropriate due to a benign inflation outlook and global economic uncertainties caused ...
U.S. consumer prices post biggest gain in 8-1/2 years as economy reopens
By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer prices rose by the most in more than 8-1/2 years in March as increased vaccinations and massive fiscal stimulus unleashed pent-up demand, kicking off what most economists expect will be a brief ...