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Top News In Rati Retail Today - Breaking & Trending Today

Wall St falls as labor data spurs rate hike jitters before debt ceiling vote

Unexpectedly strong labor market data rattled investors who fear the Fed might hike interest rates again in June. ....

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Belgium's ABEE seals $44 mln battery plant deal in North Macedonia

Belgium's Avesta Battery and Energy Engineering (ABEE) on Monday signed a contract with North Macedonia to build a factory for the production of electric batteries for cars, the government said. ....

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EU prolongs flexibility on auto deals for distribution, repairs

The European Commission has prolonged for five years rules giving the auto industry freer rein to conclude agreements with distributors, spare part retailers and repair garages, with a new emphasis on vehicle-generated data. ....

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Chips, EVs power Biden's big bet on America's industrial policy

A 77-year-old factory in a hard-luck Ohio town sputtered into high gear to produce a new line of electric garbage trucks. A short drive away, construction began on a $20 billion plant that will take pizza-sized silicon wafers and make them into computer chips used in everything from data centers to cars. ....

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Oil firms halt or reduce output in Iraqi Kurdistan, further outages loom

Producers have shut in or reduced output at several oilfields in the semi-autonomous Kurdistan region of northern Iraq following a halt to the northern export pipeline, company statements showed, with more outages on the horizon. ....

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