Tag: EXCLSV
-
Exclusive: EU drafts plan to allow electric cars with combustion engine
Brussels proposes an exception for electric fuel cars from 2035 Germany is still examining EU draft proposal Berlin sees the technological state as problematic Goal to make a decision by Thursday BERLIN/BRUSSELS, March 21 (Reuters) – The European Commission has drawn up a plan to allow the sale of new combustion engine cars after 2035 […]
-
US organizes ‘material action’ to stop SVB outages
NEW YORK, March 12 (Reuters) – US authorities on Sunday were preparing “material action” to bolster deposits at Silicon Valley Bank (SVB) and try to mitigate any wider financial fallout from the sudden collapse of the technology-based startup-focused lender counter. sources familiar with the matter told Reuters. Officials in the Biden administration worked all weekend […]
-
Silicon Valley Bank employees offered 45 days of work at 1.5 times wages, FDIC email shows
NEW YORK, March 11 (Reuters) – Silicon Valley Bank employees were offered 45 days of work at one and a half times their salary by the Federal Deposit Insurance Corp, the US regulator that took control of the collapsed lender on Friday, according to an email to employees seen by Reuters. Workers will be enrolled […]
-
Exclusive: Dutch respond to US China policy with plan to curb semiconductor technology exports
AMSTERDAM/WASHINGTON March 8 (Reuters) – The Dutch government on Wednesday announced it was planning new restrictions on exports of semiconductor technology to protect national security, joining the United States’ efforts to limit chip exports to China. curb. The U.S. imposed sweeping export restrictions on shipments of U.S. chip-making tools to China in October, but for […]
-
Exclusive: U.S. solar panel imports from China are on the rise, easing the gridlock, officials say
March 6 (Reuters) – US solar panel imports are finally picking up after months of stalemate due to the implementation of a new law banning goods made with forced labour, according to two Chinese solar companies. A White House official confirmed the thaw in shipments at an energy conference on Monday, attributing it to clearer […]
-
Exclusive: China increasingly ambitious with 2023 growth target, possibly up to 6%
BEIJING, March 2 (Reuters) – China is increasingly ambitious with its 2023 growth target, with a potential of up to 6%, in a bid to boost investor and consumer confidence and build on a promising post-pandemic recovery, sources concerned in policy discussions. Four of the sources said China is likely targeting growth of up to […]
-
Exclusive: JPMorgan proposes new Asian credit index with a lower weighting for China
HONG KONG, Feb. 27 (Reuters) – JPMorgan (JPM.N) is proposing a new Asia credit index with a reduced China weighting in parallel with its existing $85 billion Asia credit index, two sources said, amid growing geopolitical tensions and declining appetite for Chinese property bonds. For the new index, JPMorgan has proposed reducing the weighting of […]
-
Exclusive: Russia plans oil export cuts in March, sources say
MOSCOW/LONDON, Feb. 22 (Reuters) – Russia plans to cut oil exports from its western ports by up to 25% in March from February, surpassing announced production cuts in a bid to drive prices for its oil increase, three sources in the Russian said the oil market. The Russian Ministry of Energy declined to comment. Russia’s […]
-
Exclusive: US Sanctions Authority Investigates Raiffeisen on Russia
FRANKFURT/VIENNA, Feb. 17 (Reuters) – The United States sanctions authority has launched an investigation into Raiffeisen Bank International (RBIV.VI) over its activities related to Russia, leading the Austrian lender, which plays a crucial role in the Russian economy. In response to questions from Reuters, the bank said it received a request in January from the […]