(Reuters) – The world’s top central banks dominate the agenda next week with indications abounding that the aggressive pace of rate hikes might slow, but not yet fade away given …
Reuters
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Business News
LVMH chairman’s son Antoine Arnault to head family holding Christian Dior SE
by Reutersby ReutersBy Mimosa Spencer and Dominique Vidalon PARIS (Reuters) -Antoine Arnault, LVMH chairman Bernard Arnault’s eldest son, was on Friday named chief executive of family holding company Christian Dior SE, replacing …
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TOKYO (Reuters) -Japan’s economy is not yet in a phase where the central bank can end yield curve control (YCC), its board member Hajime Takata was quoted as saying by …
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Mexico’s Monex launches share buyback in move toward market exit
by Reutersby ReutersMEXICO CITY (Reuters) – Mexican brokerage Grupo Financiero Monex launched a public tender offer on Friday for its shares, priced at 668.23 million pesos ($33.85 million), as the company moves …
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Belarus to allow Ukraine grain transit with no preconditions – U.N
by Reutersby ReutersBy Michelle Nichols UNITED NATIONS (Reuters) -Belarus told the United Nations on Friday that it would allow, without preconditions, the transit of grain from Ukraine through its territory for export …
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Exclusive-Twitter to introduce new controls for ad placements -email
by Reutersby ReutersBy Sheila Dang (Reuters) – Twitter Inc will roll out new controls as soon as next week to let companies prevent their ads from appearing above or below tweets containing …
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By David Shepardson WASHINGTON (Reuters) -A U.S. auto safety regulator on Friday said it had confirmed a new crash death from a faulty air bag in a Honda car, as …
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Broadcom faces EU antitrust probe into $61 billion VMware deal – sources
by Reutersby ReutersBy Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Broadcom is set to face a setback in its $61 billion bid for cloud computing company VMware with EU antitrust regulators …
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By Lewis Krauskopf NEW YORK (Reuters) – A double dose of potentially market-moving U.S. events next week could set the tone for asset prices in the rest of 2022 and …
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US and World News
U.S. lawmakers urge Biden to guarantee rail workers’ sick leave
by Reutersby ReutersBy David Shepardson WASHINGTON (Reuters) -More than 70 lawmakers including Senator Bernie Sanders and Representative Alexandria Ocasio-Cortez on Friday urged President Joe Biden to take executive action to guarantee rail …
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By Fergal Smith TORONTO (Reuters) – Canada’s main stock index closed lower on Friday for a sixth straight session as weaker oil prices dragged on energy shares and investors weighed …
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US and World News
U.S. rapper Nas is leading hip-hop’s 50th anniversary celebrations
by Reutersby ReutersBy Alicia Powell and Rollo Ross (Reuters) – As hip-hop prepares to turn 50 in 2023, U.S. rapper Nas wants to make sure the world understands its history, relevance and …
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By Herbert Lash and Carolyn Cohn NEW YORK/LONDON (Reuters) -Treasury yields rose and Wall Street stocks fell on Friday after data on U.S. producer prices raised conflicting views, stirring hope …
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By David Shepardson and Ben Klayman WASHINGTON/DETROIT (Reuters) -Chrysler parent Stellantis on Friday said it will indefinitely halt operations at an assembly plant in Illinois in February, citing the rising …
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US and World News
Arid wheat fields and dead cows: a snapshot of Argentina’s worst drought in decades
by Reutersby ReutersBy Maximilian Heath NAVARRO, Argentina (Reuters) – In the fields around the town of Navarro in Argentina’s Pampas farm belt, the dried-out bed of a huge lagoon and decaying bodies …
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BOGOTA (Reuters) – Colombia and the United States will hold a conference in the first quarter of next year to look at measures that would guarantee rights for migrants heading …
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(Reuters) – Cryptocurrency exchange FTX secretly funded media company the Block for over a year with money sent to the Block’s chief executive, Axios reported on Friday, citing sources. The …
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Business News
Exclusive-IMF and Ghana expected to reach staff-level agreement by Tuesday – sources
by Reutersby ReutersBy Cooper Inveen and Christian Akorlie ACCRA (Reuters) -The International Monetary Fund (IMF) and Ghana are expected to reach a staff-level agreement on a loan deal by Tuesday at the …
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Major oil pipeline outage to hit U.S. stockpiles, refinery supplies
by Reutersby ReutersBy Arathy Somasekhar HOUSTON (Reuters) -An outage on the largest oil pipeline to the United States from Canada could affect inventories at a key U.S. storage hub and cut crude …
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US and World News
Griner back in U.S. in ‘good spirits’ as Russia’s Bout lands in Moscow
by Reutersby ReutersBy Susan Heavey WASHINGTON (Reuters) -Basketball star Brittney Griner landed in the United States on Friday after 10 months in Russian detention following a prisoner swap with arms dealer Viktor …
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U.S. imposes sanctions over rights abuses, targets China and Russia
by Reutersby ReutersBy Michael Martina and Daphne Psaledakis WASHINGTON (Reuters) -The United States on Friday imposed sanctions on dozens of people and entities over alleged rights abuses, including Russia’s Central Election Commission, …
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By David Shepardson WASHINGTON (Reuters) -Workers at a General Motors-LG Energy battery cell factory in northeast Ohio overwhelmingly voted to join the United Auto Workers, a big win for the …
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Business News
Oil drops in volatile trade, records biggest weekly slump in months
by Reutersby ReutersBy Shariq Khan (Reuters) -Oil price settled lower in volatile trading on Friday, with both benchmarks recording their biggest weekly declines in months, as growing recession fears negated any supply …
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Keystone spill prompts scrutiny of permit allowing pipeline to run faster
by Reutersby Reuters(Adds editing credit) By Rod Nickel and Nia Williams WINNIPEG/CALGARY (Reuters) – The largest oil spill in the 12-year history of TC Energy Corp’s Keystone pipeline, discovered late Wednesday, raises …
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US and World News
Former Minnesota police officer gets 3-1/2 years in George Floyd case
by Reutersby ReutersBy Brendan O’Brien and Tyler Clifford (Reuters) -A former Minneapolis police officer was sentenced on Friday to 3-1/2 years in prison for his involvement in the killing of George Floyd, …