By Marcela Ayres and Bernardo CaramBrazil's government will take longer to phase out its diesel subsidy than the gasoline benefit, reflecting concerns the process must be handled carefully, even after the drop in global oil prices, to avoid price shocks or fuel shortages, Planning and Budget Minist…
By Jonathan StempelA divided federal appeals court on Thursday upheld a ban covering four Los Angeles-area counties on the manufacture, sale and installation of various appliances that emit nitrous oxides, rejecting claims by appliance makers and trade groups that the pollution control measure conf…
By Chuck MikolajczakU.S. Treasury yields pulled back from earlier highs on Thursday, after a weaker-than-expected report on the labor market cooled expectations for a rate hike by the Federal Reserve in the near future.The Labor Department said nonfarm payrolls increased by 57,000 jobs last month a…
By Alberto Fajardo and Mayela ArmasRescuers dug out alive a 44-year-old security guard trapped in the ruins of the mall where he worked in the Venezuelan state of La Guaira, more than a week after two strong earthquakes devastated the country's northern coast.Work to save Hernan Alberto Gil from th…
Citi said on Thursday it sees aluminium prices bottoming over the next month, before it recovers to between $3,300 to $3,500 per metric ton between September and December.
By Mike Scarcella7-Eleven has sued Nike NYSE:NKE in federal court in Texas, accusing the sportswear giant of copying the convenience store chain's signature orange, green and red stripe design on a sneaker that Nike plans to release on July 11, known as "7-Eleven Day."In its lawsuit filed on Wednes…
Alphabet's NASDAQ:GOOG Google said on Thursday it weakened a large network of internet-connected devices that was being used to hide and route malicious online activity.The tech giant said it took action against the NetNut residential proxy network, also known as Popa, in partnership with the FBI a…
Tesla NASDAQ:TSLA on Thursday launched a six-seater version of its best-selling Model Y in the U.S. and Puerto Rico.
By Renee HickmanChicago corn, wheat and soybean futures were underpinned on Thursday by U.S. planting and stocks estimates released by the U.S. Department of Agriculture, but prospects for beneficial crop weather in the U.S. Midwest kept a ceiling on prices, according to analysts.Gains were additio…
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By Will DunhamWhile it once was temperate and lush, Earth's southernmost continent Antarctica froze over about 34 million years ago, covered by an ice sheet that today is up to around 3 miles (5 km) thick. By contrast, the planet's northernmost realm, the Arctic region, did not freeze over for anot…
Andy Burnham, the Labour lawmaker expected to replace Keir Starmer as British prime minister, said on Thursday he had not yet decided who would serve as his finance minister in any future government.Speaking to LBC radio, Burnham also pledged to stick to Labour's manifesto commitments on tax and ma…
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By Tom PolansekWith U.S. beef prices soaring and supplies tight, the U.S. Department of Agriculture surprised meat producers and traders on Thursday by reporting a spike in the nation's export sales, fueling questions over the accuracy of the data.The beef export sales, reported in weekly USDA data…
By Sukanya Mitra and Ashitha ShivaprasadGold rose more than 2% on Thursday, extending gains after weaker-than-expected U.S. non-farm payrolls data reduced expectations of Federal Reserve interest rate hikes this year.Spot gold TVC:GOLD was up 2.2% at $4,116.54 per ounce as of 1:20 p.m. EDT (1720 G…
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MICROSOFT IS PLANNING TO MERGE ITS CONSUMER AND ENTERPRISE COPILOT CHATBOTS IN AUGUST - THE INFORMATIONMICROSOFT COPILOT EXEC JACOB ANDREOU IS CUTTING LOW-VALUE COPILOT FEATURES -
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