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Some investors backing out of SPAC merging with Trump’s media firm

The Truth social network logo is seen on a smartphone in front of a display of former U.S. President Donald Trump in this picture illustration taken February 21, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterSept 23 (Reuters) – Some investors are backing out of Digital World Acquisition Corp’s (DWAC.O) plan to …

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Musk says activating Starlink, in response to Blinken on internet freedom in Iran

Starlink logo is seen on a smartphone in front of displayed Ukrainian flag in this illustration taken February 27, 2022. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited access to Reuters.comRegisterSept 23 (Reuters) – SpaceX CEO Elon Musk said on Friday that he would activate the firm’s satellite internet service, Starlink, in response to U.S. Secretary of …

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Airbus slams sceptical supplier Raytheon over jet output

Register now for FREE unlimited access to Reuters.comRegisterPARIS, Sept 23 (Reuters) – Europe’s Airbus (AIR.PA) clashed on Friday with U.S. giant Raytheon Technologies (RTX.N) over plans for a record leap in jetliner output, after the industry’s largest contractor questioned whether a battered supply chain could keep up.The world’s largest planemaker said it was sticking with …

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Raytheon $985 mln hypersonic award puts them far ahead in contracting race

The Pentagon is seen from the air in Washington, U.S., March 3, 2022, more than a week after Russia invaded Ukraine. REUTERS/Joshua RobertsRegister now for FREE unlimited access to Reuters.comRegisterWASHINGTON, Sept 22 (Reuters) – The Pentagon on Thursday said it awarded Raytheon Technologies (RTX.N) a $985 million dollar contract to develop prototypes for a hypersonic …

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Tesla recalls nearly 1.1 million U.S. vehicles to update window reversing software

Register now for FREE unlimited access to Reuters.comRegisterWASHINGTON, Sept 22 (Reuters) – Tesla (TSLA.O) is recalling nearly 1.1 million U.S. vehicles because the window automatic reversal system may not react correctly after detecting an obstruction, increasing the risk of injury.The electric vehicle manufacturer told the National Highway Traffic SafetyAdministration (NHTSA) that it would perform an …

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Japan intervenes to stop yen slide, after BOJ holds rates super low

BOJ keeps ultra-low rates, dovish policy guidanceJapan’s FX diplomat said took ‘decisive’ actionConfirmation of intervention sends dollar sliding over 2%Analysts doubt whether Tokyo can keep propping up yenBank of Canada says did not help BOJTOKYO, Sept 22 (Reuters) – Japan intervened in the foreign exchange market on Thursday to buy yen for the first time …

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Dollar soars to two-decade high as Putin shakes FX market ahead of Fed

Register now for FREE unlimited access to Reuters.comRegisterDollar index at two-decade highEuro slides back toward two-decade lowsPutin announces partial troop mobilization for UkraineMarkets gauging Fed hawkishness in Powell briefingLONDON/NEW YORK, Sept 21 (Reuters) – The dollar surged to a new two-decade high on Wednesday just ahead of another expected aggressive Federal Reserve interest rate hike, …

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Europe races to prepare for energy crunch this winter

Spain may shut energy-intensive industries at peak timesFrance prepares to send gas to Germany in OctoberGermany to sign LNG contracts in UAEBerlin still working on Uniper bailoutBERLIN/LISBON, Sept 19 (Reuters) – Germany was pressing on Monday to secure liquefied natural gas contracts with Gulf producers and other European states outlined measures to conserve energy, with …

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European stocks extend losses as slowdown warnings weigh

Register now for FREE unlimited access to Reuters.comRegisterLONDON, Sept 16 (Reuters) – European stocks dipped on Friday and Europe’s benchmark German 10-year bond yield hit its highest since mid-June as investors braced for a U.S. rate hike while warnings from the World Bank and the International Monetary Fund fanned fears of a slowdown.The World Bank’s …

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