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Morning Bid: Cat, mouse and 5%

A look at the day ahead in U.S. and global markets from Mike Dolan. The cat-and-mouse game between the Fed and financial markets has intensified around 5% peak interest rates

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Early Black Friday ‘deals’ abound, but actual bargains are scarce

Retailers such as Target Corp (TGT.N) and Kohls Corp (KSS.N) are slashing prices by as much as 50% on toys and other popular holiday gifts in early Black Friday deals

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Factbox: Advertisers react to Twitter’s new ownership

Advertisers are grappling with Twitter’s new ownership under Tesla boss Elon Musk, who once tweeted “I hate advertising”. Below are reactions from some of the companies: Allianz SE (ALVG.DE) German

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France’s EDF, Credit Agricole sign 1 bln euro nuclear loan

EDF (EDF.PA) and Credit Agricole (CAGR.PA) said on Friday they had signed a 1 billion euro ($1.04 billion) loan to finance the maintenance of nuclear power plants in France. The

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U.S. aims for zero-emissions heavy-duty vehicles by 2040

The United States aims to only sell and produce zero-emissions medium- and heavy-duty vehicles like school buses and tractor trailers by 2040, the U.S. energy secretary agreed at the COP27

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Volkswagen in talks with pre-IPO investors for battery unit – sources

German carmaker Volkswagen (VOWG_p.DE) is holding discussions with investors to join its battery division ahead of a possible partial initial public offering (IPO) of the subsidiary, two people familiar with

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Japanese electric motor maker Nidec to build $715 mln Mexican plant

Japanese electric motor maker Nidec Corp (6594.T) is planning to invest about $715 million to build a plant in Mexico to make electric car motors, its chief executive said in

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