 | | | | U.S. President Joe Biden rarely mentions electric car maker Tesla Inc in public. But privately his administration has leaned on the company to help craft a new policy to allow electric vehicles (EVs) to benefit from the nation's lucrative renewable fuel subsidies, according to emails reviewed by Reuters. | | | | | | U.S. stock index futures edged higher on Thursday as easing government bond yields lifted high-valued growth stocks, while investors awaited business activity data and Federal Reserve Chair's testimony to Congress. | | | | | | U.S. sportswear maker Nike is making a full exit from Russia, three months after suspending its operations there, the company said in an emailed statement Thursday. | | | | | | Italy's Ferrari said on Thursday a new fuel cell plant had been recently installed at its historic headquarters facilities in Maranello, in a further step by the luxury car maker to becoming carbon neutral by 2030. | | | | | | Manufacturing growth is slowing from Asia to Europe as China's COVID-19 curbs and Russia's invasion of Ukraine disrupt supply chains, while the growing risk of a recession in the United States poses a new threat to the global economy. | | | | | | IT services company Accenture Plc forecast fourth-quarter revenue below expectations and tempered its fiscal 2022 profit forecast on Thursday, threatened by rising inflation and the impact of a stronger dollar on its overseas earnings. | | | | | | Airbus Chief Executive Guillaume Faury said at the ILA Berlin Air Show trade fair on Thursday he expects supply bottlenecks to ease from mid-2023 as crises have usually lasted 12 to 18 months in the past but warned nobody can make such predictions with certainty. | | | | | | The Russian finance ministry on Thursday said it had fulfilled its obligations on two issues of dollar-denominated Eurobonds "in full" by sending 12.51 billion roubles ($234.5 million) in coupon payments to the National Settlement Depository (NSD). | | | | | | Citigroup is forecasting a near 50% probability of a global recession, as central banks rush to raise interest rates to stamp out inflation that has been partly fueled by the impact of the Ukraine war and the COVID-19 pandemic. | | | | | | When Duana Malcolm had her blue Hyundai Sonata sedan 'wrapped' as a mobile advertising board, the part-time delivery driver did not expect to make an extra $200 per month. | | | | | |
