Author Archives: Syndicated Content
GM's first-quarter US auto sales slip 1.5%
(Reuters) - General Motors on Tuesday reported a 1.5% fall in first-quarter U.S. auto sales, hurt by lower deliveries to commercial customers. The Detroit automaker sold 594,233 units in the first thr...
Apr 02, 2024
Analysis-Investors hope GE spinoff will defy poor track record of breakups
By David Randall NEW YORK (Reuters) - As General Electric completes its $191.9 billion breakup, bullish investors are betting it will defy the lackluster share price performance that has followed many...
Apr 02, 2024
Duke Energy Florida files for base rate hike in push for clean energy
(Reuters) - Duke Energy's Florida segment (DEF) on Tuesday said it filed for new base rates, requesting nearly $820 million in revenue between 2025-2027 with the Florida Public Service Commission (FPS...
Apr 02, 2024
US senator urges Biden to review alleged Nippon Steel ties to China
By David Shepardson WASHINGTON (Reuters) - The head of the U.S. Senate Banking Committee on Tuesday urged the White House to scrutinize the relationship between Nippon Steel and the Chinese steel indu...
Apr 02, 2024
Fed's Mester eyes rate cuts this year, but wants more data before acting
By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Bank of Cleveland President Loretta Mester said on Tuesday she continues to think the central bank is on track to cut rates this year but still...
Apr 02, 2024
Ugandan court to issue verdict in petition against tough anti-gay law
KAMPALA (Reuters) - Uganda's constitutional court is due on Wednesday to deliver a verdict on a petition seeking to annul the country's tough Anti-Homosexuality Act (AHA), a lawyer for the petitioners...
Apr 02, 2024
Some doses of Lilly's Mounjaro in tight supply through April, US FDA says
(Reuters) - Four doses of Eli Lilly's diabetes drug Mounjaro would remain in tight supply through 2024 due to soaring demand, the U.S. Food and Drug Administration's website showed. The regulator note...
Apr 02, 2024
Korea Zinc agrees 40% fee cut to turn Teck's mined zinc into metal, sources say
By Julian Luk and Joyce Lee LONDON/SEOUL (Reuters) - Canadian miner Teck Resources has agreed to pay Korea Zinc $165 per metric ton, a three-year low, to turn its zinc concentrate into refined metal, ...
Apr 02, 2024
India to monitor capacity, harness surplus power to meet summer demand
MUMBAI (Reuters) - India is taking all necessary measures to ensure that power demand is met during what is expected to be a brutal summer this year, the federal government said on Tuesday. The govern...
Apr 02, 2024
Gaza infrastructure damages estimated at $18.5 billion in UN-World Bank report
WASHINGTON (Reuters) - The cost of damage to Gaza's critical infrastructure between October and January is estimated at about $18.5 billion, according to a joint World Bank and the United Nations repo...
Apr 02, 2024
