• Fed, set to impose smaller hike, may hint of fewer increases

    WASHINGTON (AP) — The Federal Reserve is poised this week to raise its benchmark interest rate for an eighth time since March. But the Fed will likely announce a smaller hike for a second straight time, and it could change some key wording in its post-meeting statement about future rate increases.

  • Adani accuses short-seller Hindenburg of attacking India

    NEW DELHI, India (AP) — India’s Adani Group, run by Asia’s richest man, has hit back at a report from U.S.-based short-seller Hindenburg Research, calling it “malicious,” “baseless” and full of “selective misinformation.”

  • Automakers Renault, Nissan make cross-shareholdings equal

    TOKYO (AP) — Nissan and Renault have agreed to equalize the stakes they hold in each other, both sides said Monday, ironing out a source of conflict in the Japan-French auto alliance.

  • Will Europe’s ban on Russian diesel hike global fuel prices?

    FRANKFURT, Germany (AP) — Europe is taking another big step toward cutting its energy ties with Russia, banning imports of diesel fuel and other products made from crude oil in Russian refineries.

  • Dutch electronics giant Philips to cut 6,000 jobs worldwide

    THE HAGUE, Netherlands (AP) — Dutch consumer electronics and medical equipment maker Philips said Monday it is cutting 6,000 jobs worldwide over the next two years as it revealed a net loss of 1.6 billion euros ($1.7 billion) in 2022, down from a net profit of 3.3 billion euros last year.

  • Taxes slow India’s solar power rollout but boost manufacture

    BENGALURU, India (AP) — In May last year Fortum India, a subsidiary of a Finnish solar developer, won the bid for a solar power project in the state of Gujarat. The project was due to be completed three months ago and would have generated enough electricity for 200,000 homes.

  • Biden, McCarthy to discuss debt limit in talks on Wednesday

    WASHINGTON (AP) — House Speaker Kevin McCarthy said Sunday he is looking forward to discussing with President Joe Biden a “reasonable and responsible way that we can lift the debt ceiling ” when the two meet Wednesday for their first sit-down at the White House since McCarthy was elected to the post.

  • Elon Musk’s mysterious ways on display in Tesla tweet trial

    SAN FRANCISCO (AP) — Elon Musk’s enigmatic personality and unconventional tactics are emerging as key exhibits in a trial revolving around one of his most polarizing pursuits — tweeting.

  • Lots of sound and fury on US debt, but not a crisis — yet

    WASHINGTON (AP) — For all the sound and fury about raising the nation’s debt limit, most economists say federal borrowing is not at a crisis point … at least not yet.

  • Online system to seek asylum in US is quickly overwhelmed

    TIJUANA, Mexico (AP) — Hours before sunrise, migrants at one of Mexico’s largest shelters wake up and go online, hoping to secure an appointment to try to seek asylum in the U.S. The daily ritual resembles a race for concert tickets when online sales begin for a major act, as about 100 people glide their thumbs over phone screens.