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EV charger maker Tritium wins order from Hawaii under federal funding program

Reuters | July 11, 2023

By Abhirup Roy SAN FRANCISCO (Reuters) – Tritium DCFC said on Tuesday it had won an order from Hawaii to make high-speed electric vehicle chargers – the first funds to roll out in a federal program meant to blanket the country with charging infrastructure and boost EV adoption. The U.S. government plans to dole out […]

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Exclusive-Russians flood Kazakhstan with sanction-busting requests – sources

Reuters | March 17, 2023

By Olzhas Auyezov and Mariya Gordeyeva ALMATY (Reuters) – Russian companies have flooded their Kazakh partners in recent weeks with new requests to help them circumvent Western sanctions and import badly needed goods, seven sources with direct knowledge of the matter told Reuters. After Russian forces invaded Ukraine on Feb. 24 last year, the West […]

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Global stocks close in on 4-week highs, oil rises on hopes of ‘soft landing’

Reuters | January 9, 2023

By David Randall NEW YORK (Reuters) -World stocks rallied on Monday to their highest levels since mid-December after China reopened its borders while benchmark Treasury yields drifted lower as investors scaled back expectations for further rate hikes by the Federal Reserve. The gains were broad across global equity markets, with Europe’s STOXX 600 near a […]

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Dollar jumps, U.S. stocks buck global rally

Reuters | January 3, 2023

By Amanda Cooper and Koh Gui Qing LONDON/NEW YORK (Reuters) -The dollar jumped on Tuesday as oil prices sank, while U.S. stocks bucked a global equities rally in a macro-packed week that could offer a steer on when and where U.S. interest rates might peak. The MSCI All-World index fell 0.2%, dragged by losses in […]

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Wall Street takes a breath after Powell rally while dollar falls

Reuters | December 1, 2022

By Sinéad Carew and Marc Jones NEW YORK/LONDON (Reuters) – Wall Street equities made little progress in Thursday’s choppy session as investors digested economic data after a big rally in the previous session from U.S. Federal Reserve signals that it would slow its interest rate hiking pace. The U.S. dollar index fell to its lowest […]

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Wall Street rebounds with a vengeance after initial inflation sell-off

Reuters | October 13, 2022

By Sinéad Carew and Marc Jones NEW YORK/LONDON (Reuters) – Wall Street stock indexes made a dramatic recovery, closing sharply higher after an earlier sell-off on Thursday while the dollar gave up earlier gains as investors poured back into riskier bets after digesting a red-hot U.S. inflation reading that fueled bets for a big Federal […]

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Stocks soar, yields slide on hints of cooling economy

Reuters | October 4, 2022

By Pete Schroeder WASHINGTON (Reuters) -U.S. stocks and oil on Tuesday posted strong gains for a second straight day while U.S. Treasury yields slid as investors wondered if global efforts by central banks to fight inflation may ease in the future. A new report showing shrinking U.S. job openings, a weaker read of U.S. manufacturing […]