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European stocks set to suffer weekly loss as global economic outlook deteriorates

European stocks set to suffer weekly loss as global economic outlook deteriorates

Join now for FREE unlimited access to Reuters.com Register LONDON, Sept 16 (Reuters) – European stocks fell on Friday and Wall Street was expected to open lower as investors braced for a U.S. rate hike next week amid new warning signs of a global economic slowdown. The World Bank’s chief economist said on Thursday he …

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Biden, unions and railroad leaders fight for deal as shutdown looms

Biden, unions and railroad leaders fight for deal as shutdown looms

DETROIT/LOS ANGELES, Sept 14 (Reuters) – Biden administration officials held labor contract talks on Wednesday evening to avoid a possible rail shutdown that could disrupt freight shipments and hamper food supplies and fuel, but a small union rejected a deal and Amtrak called it all off. long-distance passenger travel. Railroads including Union Pacific (UNP.N), Berkshire …

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Biden hops in Corvette, declares Detroit 'back' at EV-focused auto show

Biden hops in Corvette, declares Detroit ‘back’ at EV-focused auto show

Join now for FREE unlimited access to Reuters.com Register DETROIT, Sept 14 (Reuters) – President Joe Biden won a victory lap at the Detroit auto show on Wednesday by highlighting automakers’ push into electric vehicles, including billions of dollars in investment in battery factories, thanks to new government support. The self-proclaimed “car guy” Biden rode …

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European stocks and the euro jump on Ukrainian advances in the northeast

European stocks and the euro jump on Ukrainian advances in the northeast

Join now for FREE unlimited access to Reuters.com Register LONDON, Sept 12 (Reuters) – European stocks surged on Monday after Ukrainian forces made a rapid advance into Kharkiv province in Russia’s worst setback since abandoning its push into Kyiv in March, while the euro extended gains inspired by the European Central Bank last week. On …

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