(Corrects to delete quote in paragraph 6 following post publication review) SHANGHAI (Reuters) -Chinese businesses are hoarding dollars because they expect their own currency to weaken, and that in turn is exacerbating a slide in the yuan that has been driven by wobbly stock markets and feeble growth in the world's second largest economy. This feedback loop has been playing...

OSLO, April 17 (Reuters) - The Baltimore port's alternate channels are not deep enough to accommodate the oceangoing container vessels that Maersk and other carriers use, the Danish shipping group said in a statement on Wednesday. ...

BIRMINGHAM, Mich., April 17 (Reuters) - The U.S. auto industry needs regulatory certainty from politicians in Washington and the back and forth as the White House changes hands doesn't help, but the adoption rate of electric vehicles will continue to grow, Ford Motor's ( F ) executive chairman Bill Ford said on Wednesday. The growth rate on EV sales has...

Shares of Agrify Corporation ( AGFY ) are soaring after the news of its proposed acquisition. Vertical farming technology and infrastructure provider Nature’s Miracle Holding Inc. entered into a term sheet to acquire 100% of all the outstanding shares of Agrify ( AGFY ). Each shareholder of Agrify ( AGFY ) would be expected to receive approximately 0.45 of a share of Nature’s Miracle for...