Developing countries’ record $1.4 trillion debt service bill squeezes budgets
By David Lawder WASHINGTON (Reuters) – The World Bank on Tuesday said developing countries spent a record $1.4 trillion to…
ECB’s Panetta calls for EU ‘productivity compact’ to close gap with U.S
By Giuseppe Fonte ROME (Reuters) – The European Union needs to set up a common spending programme to fund strategic…
Nvidia CFO says M&A possible use for growing cash hoard
(Reuters) – AI chip leader Nvidia (NASDAQ:NVDA) could put its growing cash pile to use through possible mergers and acquisitions,…
GM recalls over 132,000 trucks over tailgate unlatching, NHTSA says
(Reuters) -The National Highway Traffic Safety Administration said on Tuesday that General Motors (NYSE:GM) is recalling about 132,037 trucks due…
Wall St muted with focus on more data, Fed commentary
By Shashwat Chauhan and Purvi Agarwal (Reuters) – Wall Street’s main indexes were subdued in choppy trading on Tuesday after…
Amazon’s cloud service shows new AI servers, says Apple will use its chips
By Stephen Nellis and Greg Bensinger LAS VEGAS (Reuters) – Amazon.com (NASDAQ:AMZN)’s cloud unit on Tuesday showed new data center…
Analysts react to Shopify’s Black Friday sales data
Investing.com — Shopify’s 2024 Black Friday and Cyber Monday (BFCM) sales numbers are drawing mixed reactions from analysts, with both Oppenheimer…
Clean fuel tax credit guidelines delayed, shares of Darling Ingredients drop
The Biden administration will not complete the guidelines for the new clean fuel production tax credits before the end of…
European shares settle at one-month high; French politics in focus
By Joao Manuel Vicente Mauricio, Ankika Biswas and Johann M Cherian (Reuters) – European stocks closed at a one-month high…
Ford UK chair calls on government for EV incentives, Sky News reports
(Reuters) – Ford Motor Co (NYSE:F)’s UK chair has called on the British government to provide consumer incentives of up…