(Reuters) – Nevada on Thursday approved more than $330 million in tax abatement for electric vehicle maker Tesla Inc that is set to invest more than $3.6 billion in the state to expand its Gigafactory complex with two new factories. Tesla said in January that one of the two new factories will mass produce its …
Tesla to get over $330 million in tax abatement from Nevada Read More »
SANTIAGO(Reuters) – Chilean retailer Cencosud posted a 22% rise in its fourth-quarter profit last year, the company said in a statement on Thursday, boosted by stronger results in its core business such as supermarkets. The result excludes financial effects from its operations in Argentina. Cencosud’s net profit in the October-to-December period totaled 251.028 billion pesos …
Chile’s Cencosud posts uptick in profits boosted by core business Read More »
By Kanishka Singh and Susan Heavey WASHINGTON (Reuters) -The U.S. government on Thursday called on companies to ensure they comply with Russia-related sanctions imposed after Moscow’s invasion of Ukraine, warning that a failure to do so could lead to potential prosecution or enforcement actions. Businesses should be aware of tactics being used to skirt restrictions …
US urges companies to comply with Russia-related sanctions Read More »
SANTIAGO, 2 mar (Reuters) -La minorista chilena Cencosud reportó el jueves un aumento del 22% en su utilidad del cuarto trimestre impulsada por el desempeño positivo en moneda local y aumentos en participación de mercado en la mayoría de sus mercados. Las ganancias entre octubre y diciembre -excluyendo el mecanismo de ajuste IAS29 que se …
Chilena Cencosud registra aumento del 22% en ganancias en cuarto trimestre Read More »
Por Davide Barbuscia NUEVA YORK, 2 mar (Reuters) -Los rendimientos de los bonos del Tesoro estadounidense mantuvieron el jueves sus senda alcista, después de que los sólidos datos laborales reforzaran la preocupación de que la Reserva Federal necesitará subir más las tasas de interés para enfriar la economía. * Los datos procedentes de Europa ya …
Retornos bonos Tesoro EEUU suben ya que dato laboral alimenta temores sobre inflación Read More »
By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) – The dollar strengthened on Thursday after unemployment claims pointed to a still strong U.S. jobs market and other data showed growing labor costs, indicating the Federal Reserve has further to go in raising interest rates to tame inflation. The yield on two-year Treasury notes, which …
Dollar firms after U.S. labor data suggests more rate hikes Read More »
(Reuters) – European Commission President Ursula von der Leyen will discuss clean energy and supply chains with President Joe Biden in Washington on March 10, the White House said, as European nations worry that new U.S. subsidies will hurt their economies. Biden’s Inflation Reduction Act (IRA), a $430 billion bill that offers massive subsidies for …
Biden and EU’s von der Leyen to meet amid subsidies dispute Read More »
By Chris Prentice and Karen Freifeld MIAMI (Reuters) -The U.S. Justice Department is rolling out a new policy aimed at pushing the cost of corporate crime into the pockets of executives, the latest in a series of changes at the agency under President Joe Biden. The agency’s criminal division will give discounts on fines for …
US Justice Dept wants execs to foot bill for corporate misconduct Read More »
By David Shepardson WASHINGTON (Reuters) – Commerce Secretary Gina Raimondo said on Thursday semiconductor chip companies seeking U.S. government funding should move quickly on environmental reviews for new projects. Two senators and U.S. business groups have raised concerns that environmental reviews could delay billions of dollars in semiconductor chip factories. “We are committed to doing …
US Commerce chief urges chip companies to begin environmental reviews Read More »
By David Shepardson WASHINGTON (Reuters) -The U.S. Senate Commerce Committee on Thursday said it would hold a March 8 hearing on efforts by the Federal Aviation Administration (FAA) to reform how it certifies new airplanes after two Boeing 737 MAX crashes killed 346 people. Acting FAA Administrator Billy Nolen will appear at the hearing. Congress …
US Senate panel to hold March 8 hearing on FAA reform efforts Read More »
