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Tesla needed some good news. These sales numbers help

Jun 24, 2022

Top business news Now playing Elon Musk steps down as Tesla chairman Now playing He predicted US inflation would rise. Hear what he thinks about a recession Getty Images Now playing Fact-checking Biden's claim that Putin shares blame for inflation Now playing Suze Orman's tips for navigating inflation: Don't panic and continue to invest Now playing Here's why bitcoin's drop has investors worried ...read more

U.S. Senate gun bill talks hit snag over mental illness, abuse provisions

Jun 24, 2022

Please try another search World 9 minutes ago (Jun 15, 2022 01:50PM ET) © Reuters. FILE PHOTO: Hunting rifles are displayed for sale at Firearms Unknown, a gun store in Oceanside, California, U.S., April 12, 2021. REUTERS/Bing Guan By Richard Cowan WASHINGTON (Reuters) - U.S. Senate negotiators, racing to settle details of bipartisan gun legislation, on Wednesday struggled to resolve serious disagreements over federal funding of state "red flag" progr ...read more

Govt cuts base import prices of crude palm oil, gold

Jun 24, 2022

Govt cuts base import prices of crude palm oil, gold The government revises base import prices of edible oils, gold and silver every fortnight, and the prices are used to calculate the amount of tax an importer needs to pay. Base prices for all commodities are in $ per tonne, except for gold and silver. The gold tariff is in $ per 10 grams and silver in $ per kg. (Photo: Reuters) India has reduced the base import prices of crude palm oil, soyoil, gold and silver, the gove ...read more

JPMorgan, Wells Fargo raise prime rates to match Fed's hike

Jun 24, 2022

© Reuters. FILE PHOTO: The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, U.S., January 26, 2022. REUTERS/Joshua Roberts/File Photo (Reuters) - U.S. banks JPMorgan Chase Co (NYSE:) and Wells Fargo (NYSE:) Co said on Wednesday they had raised their prime lending rates by 75 basis points to 4.75%, effective Thursday, matching the Federal Reserve's rate hike ...read more

As yen tumbles, Japan's automakers take cost burden off their suppliers

Jun 24, 2022

Please try another search Stock Markets 14 minutes ago (Jun 15, 2022 06:10PM ET) © Reuters. FILE PHOTO: Employees of Toyota Motor Corp. work on an assembly line at the company's Motomachi plant in Toyota, Aichi prefecture, Japan May 17, 2018. Picture taken May 17, 2018. REUTERS/Issei Kato/File Photo By Maki Shiraki, Satoshi Sugiyama and Norihiko Shirouzu TOKYO (Reuters) -For decades, Japan's powerful automakers had a playbook to deal with deflation: pr ...read more

No compromise with quality of cadets recruited under Agnipath scheme, says IAF officer

Jun 24, 2022

The Indian armed forces will not compromise with the quality of cadets while recruiting young 'Agniveers' under the newly launched Agnipath scheme for four years, Air Marshal Manavendra Singh said on Wednesday. The Centre on Tuesday rolled out the Agnipath scheme offering four-year military training to youth from the ages 17.5 years to 21 years. After completing the training, the cadets may leave the service and make their own move or if they wish they can apply for regular enrolment in the mil ...read more

Priyanka Chopra is helping Bumble expand in India

Jun 24, 2022

Top business news Now playing Men swipe right, but women make the first move Now playing He predicted US inflation would rise. Hear what he thinks about a recession Getty Images Now playing Fact-checking Biden's claim that Putin shares blame for inflation Now playing Suze Orman's tips for navigating inflation: Don't panic and continue to invest Now playing Here's why bitcoin's drop has investors w ...read more

Bolivia again delays announcement on lithium mining tie-ups

Jun 24, 2022

Please try another search Commodities 18 minutes ago (Jun 15, 2022 07:25PM ET) © Reuters. FILE PHOTO: Evaporation pools for the extraction of lithium are seen at the Salar de Uyuni, a vast white salt flat at the centre of a global resource race for the battery metal lithium, outside of Uyuni, Bolivia March 26, 2022. Picture taken with a drone. LA PAZ (Reuters) - Bolivia's government on Wednesday declined to name which of six short-listed companies it w ...read more

Tencent Music aims to raise $1 billion by going public

Jun 24, 2022

Latest in tech Now playing What you need to know about Tencent CNN Now playing Internet Explorer is no more. CNN reported on the 'browser wars' it started in 1996 Now playing Robots could soon look human, with living skin and hair Jemal Countess/Getty Images North America/Getty Images for TIME Now playing Apple's CEO responds to evolving workplace dynamics Apple Now playing See the new feature ...read more

Instead View: Fed hikes rates by 0.75 percentage point, flags slowing economy

Jun 24, 2022

Please try another search Economic Indicators 23 minutes ago (Jun 15, 2022 08:40PM ET) 2/2 © Reuters. The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger 2/2 NEW YORK (Reuters) - The Federal Reserve on Wednesday raised its target interest rate by three-quarters of a percentage point on Wednesday to stem a disruptive surge in inflation, and projected a ...read more

Deals values up 42% in May, PE/VCs shift focus to realty and infra from tech: Report

Jun 24, 2022

Deals values up 42 pc in May, PE/VCs shift focus to realty and infra from tech May 2022 recorded 14 large deals of over USD 100 million each aggregating to USD 3.9 billion, which included the Adanis-controlled Mumbai airport raising USD 750 million debt from Apollo Global. Private equity and venture capital funds invested USD 5.3 billion in Indian entities in May 2022, 42 per cent more than the year-ago period, a report said on Wednesday. However, compared with USD 7.5 billion of infusion i ...read more