US consumer sentiment dips in August; inflation expectations improve
WASHINGTON U.S. consumer sentiment dipped in August, but Americans expected inflation to edge lower over the next year
2023-08-11 22:21
US consumers are feeling gloomier about the economy for the first time this summer
Americans became slightly more gloomy about the economy this month, following two straight months of growing optimism.
2023-08-11 22:18
Siemens Gamesa has fix for onshore wind turbine problem
FRANKFURT Siemens Energy has fixed quality issues at onshore wind turbines it is currently selling to customers, the
2023-08-11 16:16
China property giant Country Garden warns of up to $7.6bn loss
It is the latest signal of the major issues faced by the world's second largest economy.
2023-08-11 10:21
Colombian conglomerate Grupo Aval, subsidiary settle charges of violating US law
By Kanishka Singh WASHINGTON Colombian conglomerate Grupo Aval and its bank subsidiary will pay over $80 million to
2023-08-11 07:15
Flying taxi maker Archer settles Boeing Wisk lawsuits, shares jump
By David Shepardson (Reuters) -Air taxi maker Archer Aviation has reached an agreement with Boeing and its Wisk air taxi
2023-08-11 06:52
Supreme Court blocks $6 billion Purdue Pharma opioid settlement and will hear case this fall
The Supreme Court on Thursday blocked Purdue Pharma from going forward with bankruptcy proceedings, which the Biden administration has called an "unprecedented" arrangement that would ultimately offer the Sackler family broad protection from opioid-related civil claims.
2023-08-11 04:48
Tutoring firm settles US agency's first bias lawsuit involving AI software
By Daniel Wiessner A China-based tutoring company has agreed to settle a U.S. government agency's novel lawsuit claiming
2023-08-11 04:19
EU to analyse US tech curbs in China, says issue also key to Europe
By Foo Yun Chee BRUSSELS (Reuters) -The European Commission will analyse the U.S. ban on new U.S. investment in China
2023-08-10 20:22
US investment curbs deal 'major blow' to Chinese startups
New constraints on US investments in advanced technology in China will exacerbate a slump in deals between the world's top two economies and deliver a "major blow" to Chinese startups, analysts and investors told CNN Thursday.
2023-08-10 20:18
Analysis-Biden's China tech curbs to keep investors sidelined, fearing more steps
By Kane Wu and Michael Martina HONG KONG/WASHINGTON (Reuters) -President Joe Biden's move to prohibit some U.S. technology investments in
2023-08-10 18:51
UK considers response to U.S ban on tech investments in China
LONDON Britain said on Thursday it was weighing how to respond to a decision by U.S. President Joe
2023-08-10 16:57