Dollar Edges Lower from SixWeek Peak, Eyes on Fed

LONDON, Feb 20 Reuters The dollar edged lower on Monday but remained close to Friday39;s sixweek high, as a recent flurry of positive economic data reinforced market expectations of tighter monetary policy from the Federal Reserve. The U.S. dollar index , which measures it against six other major currencies, slipped 0.14 to 103.83, though is […]
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Uber to Introduce EVs in India in Push to Clean Cars

NEW DELHI, Feb 20 Reuters Uber Technologies said on Monday it will introduce electric vehicles EVs in India for ridesharing, its first move to adopt clean cars amid an Indian government push for greater electrification of public transport and shared mobility. With plans to introduce 25,000 EVs over three years, Uber is stepping up competition with […]
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Multiple F1 Teams Contact Honda for 2026 Partnership

Feb 20 Reuters Several teams have approached Honda about a partnership when Formula One39;s new engine era starts in 2026 but no decision has been taken about future involvement, the Japanese manufacturer said on Monday. Honda have an agreement to build engines in Japan for world champions Red Bull and sister team AlphaTauri but that […]
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Deere Profit Beats Forecast, 2023 Outlook Raised

Feb 17 Reuters Deere Co raised its annual profit forecast on Friday after beating Wall Street estimates for the latest quarter on higher revenue for its highhorsepower tractors and an increase in spending from construction customers. Shares of the world39;s largest farm equipment maker rose 6.1. The industrial bellwether, a barometer for the global economy, has […]
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Amazon Asks Employees to Be in Office at Least 3 Days Week

Feb 17 Reuters  Amazon.com Inc would require employees to be in office at least three days a week from May 1, the ecommerce giant said on Friday. The COVID19 pandemic had altered the workplace, with companies sending employees home to work remotely. Even as lockdowns eased around the world, a large population of employees remains remote […]
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Oil Rises on China Demand Hopes and Supply Concerns

LONDON, Feb 20 Reuters Oil prices rose on Monday, buoyed by optimism over Chinese demand, continued production curbs by major producers and Russia39;s plans to rein in supply. Brent crude rose 59 cents, or 0.7, to 83.59 a barrel by 1020 GMT. U.S. West Texas Intermediate WTI crude for March, which expires on Tuesday, was […]
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