Multilateral development banks eye up to $400 billion more lending over 10 years
By Marcela Ayres WASHINGTON (Reuters) -The Inter-American Development Bank on Saturday said leaders of 10 multilateral development banks committed to…
Category: Business
Tesla cuts US prices of Models Y, X, S by $2,000
By Nilutpal Timsina (Reuters) – Tesla cut the U.S. prices of its Model Y, Model X and Model S vehicles…
Google scraps minimum wage, benefits rules for suppliers and staffing firms
By Daniel Wiessner (Reuters) – Alphabet Inc’s Google on Friday said it will roll back requirements that U.S. suppliers and…
Apple’s offer to open up tap-and-go tech to be approved by EU next month, sources say
By Foo Yun Chee BRUSSELS (Reuters) – Apple’s offer to open its tap-and-go mobile payments system to rivals is set…
Albemarle, Cummins receive tax credits under Biden’s clean energy drive
(Reuters) – Albemarle, Cummins and Siemens Energy are some companies that received tax credit under a section of the Inflation…
Rivian cuts 1% of workforce in second round of layoffs this year
By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Wednesday it cut about 1%…
Meta releases early versions of its Llama 3 AI model
By Katie Paul NEW YORK (Reuters) -Meta Platforms on Thursday released early versions of its latest large language model, Llama…
Walmart-backed Ibotta shares surge 33% in strong market debut
By Jaiveer Shekhawat and Sri Hari N S (Reuters) -Shares of digital marketing firm Ibotta soared 33% on their debut…
Exclusive-Elliott weighs Citgo bid as creditor group eyes Conoco for own offer
By Ron Bousso, David French and Marianna Parraga LONDON/HOUSTON (Reuters) – Hedge fund Elliott Investment Management is weighing a bid…
Mortgage rates top 7% for the first time this year, Freddie Mac says
By Amina Niasse NEW YORK (Reuters) – U.S. mortgage rates increased by the most since June and also crossed the…