(Reuters) – Britain’s car output marked its best growth rate since 2010 last year as chip shortages and other supply chain snags eased and electric-vehicle (EV) production picked up, industry data showed on Thursday. The Society of Motor Manufacturers and Traders (SMMT) said 905,117 cars rolled out of factory gates in the country in 2023, …
UK annual car output posts best growth rate since 2010 – SMMT Read More »
(Reuters) – Britain’s car output marked its best growth rate since 2010 last year as chip shortages and other supply chain snags eased and electric-vehicle (EV) production picked up, industry data showed on Thursday. The Society of Motor Manufacturers and Traders (SMMT) said 905,117 cars rolled out of factory gates in the country in 2023, …
UK annual car output posts best growth rate since 2010 – SMMT Read More »
By Pete Schroeder and Michael S. Derby (Reuters) -The Federal Reserve on Wednesday said a funding lifeline created for banks last year after the collapse of Silicon Valley Bank threatened to spark a wider financial crisis would close as scheduled in March. The Fed also will immediately raise the interest rate on new loans from …
Fed to allow emergency bank lending program expire on March 11 Read More »
By Pete Schroeder and Michael S. Derby (Reuters) -The Federal Reserve on Wednesday said a funding lifeline created for banks last year after the collapse of Silicon Valley Bank threatened to spark a wider financial crisis would close as scheduled in March. The Fed also will immediately raise the interest rate on new loans from …
Fed to allow emergency bank lending program expire on March 11 Read More »
BEIJING (Reuters) – China’s military said it organized troops to follow and monitor a U.S. destroyer that transited through the Taiwan Strait on Wednesday, according to a statement. A spokesperson for the Eastern Theater Command of the People’s Liberation Army said the USS John Finn destroyer “openly hyped” up the passage, in a statement released …
China military says US destroyer in Taiwan Strait ‘hyped’ up passage Read More »
(Reuters) -Skydance Media CEO David Ellison has made a preliminary offer to buy National Amusements, the holding company of the Redstone family, as a way to take control of Paramount Global, Bloomberg News reported on Wednesday. Ellison has held discussions with Paramount about merging it with Skydance Media, after he takes control, the report said, …
David Ellison makes offer for Paramount-owner National Amusements – Bloomberg News Read More »
LONDON (Reuters) – Singer-songwriter Raye led nominations for the BRIT Awards on Wednesday, setting a new record with seven nominations, while the Rolling Stones and Blur were also recognised for Britain’s pop music honours. Raye was nominated in the annual awards’ top categories – artist of the year, album of the year for her record …
Brit Awards: singer Raye leads nominations with record seven nods Read More »
LONDON (Reuters) – Singer-songwriter Raye led nominations for the BRIT Awards on Wednesday, setting a new record with seven nominations, while the Rolling Stones and Blur were also recognised for Britain’s pop music honours. Raye was nominated in the annual awards’ top categories – artist of the year, album of the year for her record …
Brit Awards: singer Raye leads nominations with record seven nods Read More »
By Noel Randewich and Johann M Cherian (Reuters) -The S&P 500 climbed to its fourth straight record high close on Wednesday, as Netflix surged following blowout quarterly results and a strong report from ASML fueled gains in chipmakers. Riding optimism about Wall Street’s most valuable companies, Microsoft hit an all-time high, lifting its market value …
S&P 500 ekes out another record high as Netflix and chipmakers leap Read More »
By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration said on Wednesday that it would not allow Boeing to expand 737 MAX production in the wake of a mid-air emergency on an Alaska Airlines jet, but the MAX 9 model involved could return to service after inspections. The blowout of a cabin panel on Jan. …
FAA halts Boeing 737 production expansion; allows MAX 9 to fly Read More »
