[ad_1] SAN FRANCISCO (Reuters) – Tesla Inc will raise up to $2.3 billion in new capital, renouncing what Elon Musk called a “Spartan diet” and easing Wall Street concerns about the money-losing company’s ability to
Label problem caused China’s suspension of two Canadian pork shippers: industry group
[ad_1] WINNIPEG, Manitoba (Reuters) – China’s suspension of two Canadian pork exporters’ permits was due to a labeling problem, the Canadian Pork Council industry group said on Thursday. FILE PHOTO: Canadian pork shoulders are prepped
Oil drops 3 percent on oversupply worries
[ad_1] NEW YORK (Reuters) – Oil plunged Thursday, with U.S. crude dropping more than 3 percent as the market grappled with oversupply fears as increased U.S. sanctions on Iran had more incremental impact than expected
Wall Street inches higher with earnings in spotlight
[ad_1] (Reuters) – U.S. stocks edged higher on Thursday as a handful of positive earnings reports helped investors look past the Federal Reserve’s policy decision that dented hopes of interest rate cuts. Traders work on
Exclusive: Foreign government leases at Trump World Tower stir more emoluments concerns
[ad_1] WASHINGTON (Reuters) – The U.S. State Department allowed at least seven foreign governments to rent luxury condominiums in New York’s Trump World Tower in 2017 without approval from Congress, according to documents and people
U.S. first-quarter productivity rise fastest since 2014; labor costs fall
[ad_1] WASHINGTON (Reuters) – U.S. worker productivity increased at its fastest pace in more than four years in the first quarter, depressing labor costs and suggesting inflation could remain benign for a while. A cashier
Tesla to raise $2 billion from share, debt issues
[ad_1] The logo of Tesla is seen in Taipei, Taiwan August 11, 2017. REUTERS/Tyrone Siu/Files (Reuters) – Tesla Inc said on Thursday it had filed with regulators to launch around $2 billion in fundraising through
Sensex, Nifty end lower; IT firms drag
[ad_1] A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, December 11, 2018. REUTERS/Francis Mascarenhas/Files BENGALURU (Reuters) – Indian shares ended slightly lower on Thursday, with IT stocks
Global Economy: Factories on the mend in April but still struggling
[ad_1] LONDON/HONG KONG (Reuters) – Global factory activity recovered a little last month but still appeared to be in the doldrums as demand remained weak and trade protectionism concerns prominent, while stimulus measures had yet
OPEC tries to depoliticise oil, Secretary-General Barkindo says in Tehran
[ad_1] FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries at OPEC’s headquarters in Vienna, Austria December 5, 2018. REUTERS/Leonhard Foeger/File Photo GENEVA (Reuters) – OPEC tries to depoliticise oil, the producer