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By Francesco Guarascio HANOI (Reuters) -Vietnam is stepping up its fight against counterfeits and digital piracy after the United States accused the country of being a major hub for these illegal activities and threatened crippling tariffs, documents reviewed by Reuters show. Among products that are subject to increased inspections at borders to ascertain their authenticity …

Exclusive-Vietnam cranks up fight on imported counterfeits amid US tariff talks Read More »

By David Shepardson NEW YORK (Reuters) – United Airlines on Tuesday said it expects flight issues to ease at Newark Liberty International Airport in the coming weeks as runway construction concludes and the Federal Aviation Administration considers cuts to the schedule. The Chicago-based airline, which has borne the brunt of the airport’s recent chaos, also …

United expects flight issues at Newark to ease, may need to cut more flights Read More »

By Svea Herbst-Bayliss NEW YORK (Reuters) -Elliott Investment Management scored a victory on Monday in its board fight at Phillips 66 when prominent proxy advisory firm Institutional Shareholder Services (ISS) recommended that investors elect all four of the activist’s director nominees. Elliott, which owns a roughly $2.5 billion stake in Phillips, has been pushing the …

Elliott wins ISS support in Phillips 66 proxy battle Read More »

By David Shepardson WASHINGTON (Reuters) -Republicans in the U.S. House of Representatives on Monday proposed killing the electric vehicle tax credit and repealing fuel efficiency rules designed to prod automakers into building more zero-emission vehicles as part of a broad-based tax reform bill. The proposal, which is set for a House Ways and Means Committee …

US House Republicans seek to kill EV tax credit, loan program Read More »

By Valerie Volcovici and Nichola Groom WASHINGTON (Reuters) – U.S. House lawmakers laid out plans on Monday to phase out clean energy tax credits, slash spending on electric vehicles and renewable energy, and claw back other climate-related funds as part of the Republicans’ attempt to pass a multi-trillion-dollar budget in line with President Donald Trump’s …

US House targets big climate, clean energy rollbacks in budget proposal Read More »

(Reuters) – An aircraft leasing firm owned by Saudi Arabia’s sovereign wealth fund has placed an order for up to 30 Boeing 737 MAX jets, the U.S. planemaker said on Tuesday. AviLease, owned by the Public Investment Fund (PIF), has placed a firm purchase order for 20 737-8 jets, with an option to buy 10 …

Saudi Arabia’s AviLease places order for up to 30 Boeing 737 MAX jets Read More »

By Yousef Saba and Nafisa Eltahir RIYADH (Reuters) – Saudi Aramco will sign on Tuesday memoranda of understanding with U.S. liquefied natural gas producer NextDecade and utility firm Sempra, Aramco’s chief executive said, as the oil giant expands in the LNG market. “The U.S. today, in terms of gas, is almost 100 billion (dollars) in …

Aramco to sign MoUs with NextDecade, Sempra for 6.2 million tons of LNG Read More »