By David Lawder WASHINGTON (Reuters) -The United States and Japan on Tuesday signed a trade deal on electric vehicle battery minerals that is key to strengthening their battery supply chains and granting Japanese automakers wider access to a new $7,500 U.S. EV tax credit. The swiftly negotiated agreement prohibits the two countries from enacting bilateral …
US, Japan sign trade deal on electric vehicle battery minerals Read More »
By Steve Scherer OTTAWA (Reuters) – Canada on Tuesday sought to close competitive gaps with United States with a budget aimed at attracting investment in the low-carbon economy, including tax incentives for electric-vehicle (EV) manufacturers and expanding the electricity grid. The 2023-2024 fiscal document, delivered to the House of Commons, also has a “grocery rebate” …
Canada steps up clean tech investments in budget to compete with US Read More »
(Refiling to fix WRAPUP number to 7 instead of 5) By Sinéad Carew NEW YORK (Reuters) -Wall Street’s major indexes closed lower on Tuesday while Treasury yields and gold advanced as investors worried that the U.S. Federal Reserve would keep interest rates higher for longer as fears of further banking sector failures faded. Energy stocks …
Wall Street falls while bond yields rise with gold Read More »
By Hyonhee Shin and Daewoung Kim SEOUL/BUSAN (Reuters) -North Korea unveiled new, smaller nuclear warheads and vowed to produce more weapons-grade nuclear material to expand its arsenal, state media said on Tuesday, as a U.S. aircraft carrier arrived in South Korea for military drills. North Korea’s Korean Central News Agency (KCNA) released photos of the …
North Korea unveils new nuclear warheads as US air carrier arrives in South Read More »
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The U.S. dollar fell against a basket of currencies for a second straight day on Tuesday as easing worries about a banking crisis revived investors’ appetite for riskier currencies. Investors took solace from First Citizens BancShares’ agreement to buy all of failed lender Silicon Valley Bank’s deposits …
By Michael Holden and Sam Tobin LONDON (Reuters) -Britain’s Prince Harry and singer Elton John made a surprise appearance at London’s High Court on Monday as they and five others began a lawsuit against the publisher of the Daily Mail paper over years of alleged phone-tapping and privacy breaches. Harry, the younger son of King …
Prince Harry, Elton John appear at UK court in privacy lawsuit Read More »
By Medha Singh and Lisa Pauline Mattackal (Reuters) – Bullish bitcoin has been a surprise winner of the banking blowout. Yet investors aiming to amp up their bets face an ominous obstacle: a lack of liquidity that could trigger wild price swings. The price of the No.1 cryptocurrency has jumped 40% to around $27,700 since …
Cryptoverse: Buoyant bitcoin’s losing its liquidity Read More »
By Deep Kaushik Vakil (Reuters) – Gold prices rose on Tuesday, drawing support from a weaker U.S. dollar even as higher bond yields and easing worries about a full-blown banking crisis limited gains for the safe-haven asset. Following two sessions of declines, spot gold gained 0.7% to $1,970.88 per ounce by 1:40 p.m. EDT (1740 …
Gold rises on dollar dip, banking optimism limits gains Read More »
By Olena Harmash KYIV (Reuters) – Russian forces are still edging forward in the bombed-out eastern Ukrainian city of Bakhmut, a Moscow-installed official said on Tuesday, but British intelligence said a Russian tank division had taken heavy losses in the nearby town of Avdiivka. The battle for Bakhmut, a mining city in the Donetsk region, …
Russia says still advancing in Bakhmut, UK says Moscow lost many tanks nearby Read More »
(Reuters) – Sports presenter Gary Lineker won his appeal against Britain’s tax authority (HMRC) on Tuesday over a bill that totalled 4.9 million pounds ($6.03 million). Lineker, who presents BBC’s ‘Match of the Day’ and also worked on BT Sport’s coverage, was pursued by the HMRC over taxes on income from both broadcasters from 2013-14 …
Soccer-Lineker wins appeal over 4.9 million pounds tax bill Read More »
