Page 484 - Reuters

March marks yet another record in global heat, says EU climate agency

Each of the last 10 months ranked as the world's hottest on record, compared with the corresponding month in previous years, the EU's Copernicus Climate Change Service (C3S) said in a monthly bulletin

US govt to award Samsung up to $6.6 bn chip subsidy for Texas expansion

The announcement will cap off a string of major Chips and Science grants in quick succession as the US seeks to expand domestic chip production

Tesla settles lawsuit over man's death in crash involving its Autopilot

The crash that killed Huang is among hundreds of US accidents in which Autopilot was a suspected factor in reports to auto safety regulators

Samsung to receive $6-7 billion in chip subsidy for Texas expansion

It will also include an investment in another undisclosed location, the source said, adding that Samsung will more than double its U.S. investment to over $44 billion as part of the deal

US, Japan, Philippines meet to bolster ties amid rising security woes

On Thursday, he will become only the second Japanese leader to address a joint meeting of Congress after his assassinated predecessor Shinzo Abe gave a speech in 2015

Demand from central bank propels safe-haven gold to new record peak

Spot gold eased 0.1% to $2,326.19 per ounce, as of 11:54 a.m. ET (1554 GMT), after hitting a record high of $2,353.79 earlier in the session. U.S. gold futures were steady at $2,344.80

US will not accept Chinese imports decimating new industries, says Yellen

She did not, however, threaten new tariffs or other trade actions should Beijing continue its massive state support for electric vehicles, batteries, solar panels and other green energy goods

Bain Capital to sell stake worth $431 million in Axis Bank, says report

The private equity firm, which first purchased shares in the bank in November 2017, will exit its entire holding with Tuesday's stake sale, a source familiar with the matter told Reuters

AI demand could add 1 million tons to copper demand by 2030, says Trafigura

"That's not something that anyone has actually factored into a lot of these supply and demand balances." Rahim did not say what global copper demand would be in 2030

Spirit Airlines to defer Airbus deliveries, layoff 260 pilots to save cash

A snag with Pratt & Whitney Geared Turbofan (GTF) engines has forced Spirit to ground some of its A320neo aircraft, pinching the company at a time when it is already grappling with a cash crunch

India's consumer price inflation likely eased to 4.91% in Mar: Reuters poll

Inflation was expected to return to the RBI's target next quarter but be above it in subsequent quarters, according to a separate Reuters survey on the longer-term outlook

Blackstone to take Apartment Income REIT private in $10 billion deal

Blackstone also plans to invest another $400 million to improve the REIT's 76 rental housing communities, which are located in primarily coastal markets, the company said

US dollar drifts lower ahead of inflation data; yen nears 34-year lows

Japanese workers' real wages fell in February for a 23rd consecutive month, data showed on Monday, suggesting higher prices kept up pressure on consumers' spending appetite

Wells Fargo boosts end-2024 target on S&P 500 to Street-high of 5,535

The index has gained 9% so far this year, broadly boosted by expectations of interest rate cuts and investor frenzy around the AI boom

JPMorgan says CEO transition is top priority, cites potential successors

The board is 'spending significant time on developing operating committee members who are well-known to shareholders as strong potential CEO candidates,' it said in a proxy statement

China commerce minister begins Europe trip defending Chinese EV sector

Wang reiterated Beijing's stance that Chinese EV makers did not depend on subsidies to gain a competitive advantage, according to a statement published by the commerce ministry on Monday

Tata Motors reports 11% increase in JLR Q4 sales to 114,038 units

Full-year sales for the financial year 2024 also climbed 22% to 431,733 units, the company said in a statement

India 10-year bond yield hits over 2-month high tracking US peers surge

India's headline retail inflation print is seen at 4.7% on-year in March, the lowest since May 2023, amid easing core inflation, Barclays said

Gaza ceasefire talks still deadlocked despite reports of progress: Hamas

Western powers have voiced outrage over what they see as an unacceptably high Palestinian civilian death toll and humanitarian crisis in Gaza arising from Israel's military onslaught to destroy Hamas

EU assesses Apple's plan for complying with music streaming order

They can also invite users to provide their email address to be sent a link to the platform's website to buy digital music content or services