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U.S. recession fears darken outlook for global growth

U.S. recession fears darken outlook for global growth

WASHINGTON/LONDON/TOKYO, June 23 (Reuters) – Manufacturing growth is slowing worldwide as China’s COVID-19 curbs and Russia’s invasion of Ukraine disrupt supply chains and keep inflation at the highest in years, while the growing risk of a U.S. recession poses a new threat to the global economy. Gauges of factory activity released Thursday in Japan, Britain, …

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Biden administration leans on Tesla for guidance in renewable fuel policy reform

Biden administration leans on Tesla for guidance in renewable fuel policy reform

June 23 (Reuters) – U.S. President Joe Biden rarely mentions electric car maker Tesla Inc (TSLA.O) in public. But privately his administration has leaned on the company to help craft a new policy to allow electric vehicles (EVs) to benefit from the nation’s lucrative renewable fuel subsidies, according to emails reviewed by Reuters. The Biden …

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Exclusive: India's Russian coal purchases spike despite sanctions

Exclusive: India’s Russian coal purchases spike despite sanctions

A worker unloads coal from a goods train at a railway yard in the northern Indian city of Chandigarh July 8, 2014. REUTERS/Ajay Verma/Files Register now for FREE unlimited access to Reuters.com Register India’s Russian coal buying May 27-June 15 up 6-fold-govt data India’s Russian oil buying May 27-June 15 up 31-fold-govt data June Russia …

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