reuters.com

Fewer people in the US plan to buy EVs this year, study shows ( www.reuters.com )

The number of buyers in the U.S. considering an electric vehicle purchase in 2024 has fallen from a year ago due to a shortage of affordable cars, inadequate charging infrastructure and ignorance about EV benefits, a study by J.D. Power, opens new tab has shown....

China property shares jump on report of government plans to buy unsold homes ( www.reuters.com )

Shares of Chinese property developers rallied on Thursday after a report that China was considering a plan for local governments across the country to buy millions of unsold homes from distressed companies to ease a protracted property crisis....

UK tightens scrutiny of all Indian spice imports amid contamination allegations ( www.reuters.com )

Britain's food watchdog has applied extra control measures on all spice imports from India, it said on Wednesday, becoming the first to ramp up scrutiny of all Indian spices after contamination allegations against two brands sparked concerns among global food regulators....

Hundreds arrested, roads barricaded in New Caledonia as riots continue ( www.reuters.com )

SYDNEY, May 16 (Reuters) - Armed forces were protecting New Caledonia's two airports and port after a third night of violent riots that have killed four people, the Pacific Island's top French official said on Thursday morning, adding at least four alleged instigators were under house arrest....

Exclusive: Bank of America banker who died had sought to leave, citing long hours, recruiter says ( www.reuters.com )

The 35-year-old Bank of America (BAC.N) investment banker who died from a blood clot earlier this month wanted to leave the U.S. bank because he was working more than 100 hours a week, according to an executive recruiter who spoke with him about seeking a new job.

US Supreme Court upholds consumer finance watchdog agency's funding mechanism ( www.reuters.com )

The U.S. Supreme Court on Thursday upheld the Consumer Financial Protection Bureau's funding mechanism in a challenge brought by the payday loan industry, handing a victory to President Joe Biden's administration and a setback to the agency's conservative critics.

U.S. warned Austria's Raiffeisen Bank International (RBI) access to dollar system could be curbed over Russia ( www.reuters.com )

TLDR: RBI, the largest Western bank in Russia, has been warned by the U.S. Treasury about financial system access in a letter voicing concerns over its Russian business. Concerns remain even though RBI dropped plans to sell its Russia-business to sanctioned billionaire Deripaska. Austrian finance ministry says it assumes RBI...

U.S. warned Austria's Raiffeisen Bank International (RBI) access to dollar system could be curbed over Russia ( www.reuters.com )

TLDR: RBI, the largest Western bank in Russia, has been warned by the U.S. Treasury about financial system access in a letter voicing concerns over its Russian business. Concerns remain even though RBI dropped plans to sell its Russia-business to sanctioned billionaire Deripaska. Austrian finance ministry says it assumes RBI...

The inside story of Elon Musk’s mass firings of Tesla Supercharger staff ( www.reuters.com )

May 15 (Reuters) - The day before Elon Musk fired virtually all of Tesla’s electric-vehicle charging division last month, they had high hopes as charging chief Rebecca Tinucci went to meet with Musk about the network’s future, four former charging-network staffers told Reuters....

U.S. warned Austria's Raiffeisen Bank International (RBI) access to dollar system could be curbed over Russia ( www.reuters.com )

TLDR: RBI, the largest Western bank in Russia, has been warned by the U.S. Treasury about financial system access in a letter voicing concerns over its Russian business. Concerns remain even though RBI dropped plans to sell its Russia-business to sanctioned billionaire Deripaska. Austrian finance ministry says it assumes RBI...

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