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In a big bill that hurts clean energy, residential solar likely to get hit fast

WASHINGTON (AP) — As Republicans in Congress rushed forward with a massive tax and spending cut bill, a North Carolina renewable energy executive wrote to his 190 employees with a warning: Deep cuts to clean energy tax credits were going to hurt. “(The changes) would ...
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Ripple applies for US national bank charter as crypto eyes next frontier

(Reuters) -Crypto firm Ripple is applying for a national bank charter in the U.S., its CEO Brad Garlinghouse wrote in a social media post on Wednesday, shortly after a similar step by stablecoin giant Circle. The move reflects a broader push by crypto firms for ...
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Australian airline Qantas says customer data stolen by cybercriminal

Australian airline Qantas said Wednesday that a hacker made off with a trove of customers’ personal data including passenger names, emails, phone numbers, birth dates and frequent flyer numbers. The company said in a statement that a cybercriminal targeted one of its call centers ...
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Nike, other retailer stocks rise on Trump’s trade deal with Vietnam to reduce tariffs

By Juveria Tabassum (Reuters) -Shares of Nike and other apparel makers rose on Wednesday after U.S. President Donald Trump said he had struck a trade deal with Vietnam that would impose a lower than initially expected tariff rate on many imports from the Southeast Asian country. After ...
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European shares gain on renewable energy, luxury boost

By Sukriti Gupta, Sanchayaita Roy and Shashwat Chauhan (Reuters) -European shares ended higher on Wednesday, led by renewable-energy stocks after a revised budget bill in the United States passed a crucial vote, while focus was on any trade deals ahead of U.S. President Donald ...
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Oil futures, options trade at record levels in Q2 as investors navigate volatility

By Georgina McCartney HOUSTON (Reuters) -Total oil futures and options lots traded on the Intercontinental Exchange (ICE) hit record highs in the second quarter, as U.S. President Donald Trump waged a trade war and geopolitical conflicts in the Middle East escalated.  WHY IT’S IMPORTANT Significant volatility in ...
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Trump asks Supreme Court to remove 3 Democrats on the Consumer Product Safety Commission

WASHINGTON (AP) — The Trump administration on Wednesday asked the Supreme Court to remove three Democratic members of the Consumer Product Safety Commission, who were fired by President Donald Trump and then reinstated by a federal judge. Trump has the power to fire independent agency ...
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Britain’s Starmer backs his Treasury chief after U-turns dent the government’s fiscal plans

LONDON (AP) — British Prime Minister Keir Starmer’s office said Wednesday that Treasury chief Rachel Reeves is secure in her job after a series of government U-turns dented her revenue-raising plans. Speculation about Reeves’ future mounted after she appeared to be in tears Wednesday in ...
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WHO pushes countries to raise prices on sugary drinks, alcohol and tobacco by 50%

By Jennifer Rigby LONDON (Reuters) -The World Health Organization is pushing countries to raise the prices of sugary drinks, alcohol and tobacco by 50% over the next 10 years through taxation, its strongest backing yet for taxes to help tackle chronic public health problems. The ...
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EU turns to private funding to boost quantum technology ambition

By Foo Yun Chee BRUSSELS (Reuters) -The European Union is seeking to attract private funding to help it take the lead in quantum technology by 2030, EU tech chief Henna Virkkunen said on Wednesday, as the bloc works to cut its reliance in the sector ...
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Giorgio Armani posts 24% core profit drop in tough 2024, steps up investments

MILAN (Reuters) -Italian fashion house Giorgio Armani said on Wednesday its core profit dropped 24% last year hit by declining revenues and a slight increase in operating costs. The unlisted Milanese group said it retained a long-term approach in the face of the difficulties facing ...
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Ford recalls more than 200,000 vehicles over malfunctioning rearview camera

Ford Motor Co. is recalling more than 200,000 vehicles because a software defect can cause the rearview camera to fail, increasing the risk of a crash and injury. Ford told U.S. highway safety regulators that the camera can either display a blank image or that ...
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