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Author

Reuters

Reuters

  • Business News

    Canada budget deficit shrinks over first eight months of 2021/22

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    OTTAWA, Jan 28 – Canada recorded a much smaller budget deficit in the first eight months of fiscal 2021/22 compared to the same period a year ago, as the costs …

  • Pets and Animals

    Bidens welcome Willow the cat to the White House

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    By Jeff Mason WASHINGTON – The Biden family finally has a cat. First lady Jill Biden’s office has announced America’s first family is excited to welcome a two-year-old, gray-and-white-striped feline …

  • Business News

    Weaker U.S consumer spending, rising inflation pose dilemma for Fed

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    By Lucia Mutikani WASHINGTON – U.S. consumer spending fell in December, suggesting the economy lost speed heading into the new year amid snarled supply chains and raging COVID-19 infections, while …

  • Business News

    Staying put but splurging: China’s hotels, restaurants to see Lunar New Year boost

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    By Sophie Yu and Ryan Woo BEIJING – Hotels and restaurants in China’s big cities are bracing for a rush of guests over the Lunar New Year as people forced by …

  • Business News

    Barilla serves up new premium pasta to keep up with consumer tastes

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    MILAN – Barilla, the world’s biggest pasta maker, is moving upmarket with a new high-end pasta range that aims to keep up with consumer tastes for premium quality foods. The …

  • Business News

    European shares end fourth week lower with tech, autos slammed

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    By Anisha Sircar -European shares fell on Friday, with the STOXX 600 index down for the fourth straight week as auto and technology stocks led declines amid the prospect of …

  • Business News

    AT&T Mexico says govt should limit America Movil’s market concentration – paper

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    MEXICO CITY – AT&T’s top executive in Mexico has urged the government to place limits on its telecom rival America Movil and keep it out of new markets to ensure …

  • Business News

    Robinhood climbs back from lowest level since IPO

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    By Noor Zainab Hussain and Medha Singh -Shares of Robinhood Markets Inc reversed course to trade nearly 6% higher on Friday, driven by a broader market rebound, after touching their …

  • Business News

    Bargain hunters study stock valuations after big declines

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    By Lewis Krauskopf NEW YORK – A steep slide in U.S. stocks has investors gauging equity valuations to determine whether now is the time to scoop up shares at a …

  • Business News

    Just-in-time gives way to “buy everything you can” as U.S. supply disruptions persist

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    By Timothy Aeppel – Stephen Bullock eight months ago gave up on the idea of buying raw materials and parts only shortly before they were needed on his assembly line. …

  • Business News

    Mexico’s economy likely entered recession in fourth quarter: Reuters poll

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    By Miguel Gutierrez and Gabriel Burin MEXICO CITY – Mexico’s economy likely contracted in the last three months of 2021, in what would mark a second straight quarter of negative …

  • Business News

    Chevron reviews court decision that blocked Gulf of Mexico lease sale

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    By Sabrina Valle HOUSTON – Chevron Corp is reviewing a federal judge decision that invalidated the results of an oil and gas lease sale in the Gulf of Mexico on …

  • MIsc. News

    Ford, GM juggle today’s challenges with tomorrow’s promises

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    By Joseph White and Paul Lienert DETROIT – General Motors Co and Ford Motor Co are expected to report next week they turned solid profits for the last quarter of …

  • Business News

    Disney names Alexia Quadrani to lead investor relations

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    – Walt Disney Co has named Alexia Quadrani, a former analyst for JP Morgan & Chase Co’s media equity research group, as senior vice president of investor relations, reporting to …

  • Featured NewsUS and World News

    Dial down the Russian war talk to save our economy, Ukraine tells West

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    By Natalia Zinets and Matthias Williams KYIV – Ukraine’s president wants weapons and loans at a time of problems with Moscow. But one thing he does not want from the …

  • MIsc. News

    Vans owner slips as production delays, China curbs hit sales forecast

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    By Ananya Mariam Rajesh -Vans shoe maker VF Corp cut its full-year revenue forecast on Friday as it struggles with material shortages, labor issues at factories and slump in sales …

  • Business News

    Italian business leader rejects criticism of call with Putin

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    MILAN – Companies have the right to protect their interests in Russia even at a time of rising tensions, a top Italian CEO said on Friday, rejecting criticism of a …

  • Business News

    Brazil rates set to soar further as US Fed prepares for lift-off: Reuters poll

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    By Gabriel Burin BUENOS AIRES – Brazil’s central bank is set to deliver a third consecutive 150 basis point rate rise on Wednesday in a bid to minimize risks of …

  • Business News

    Daimler AG to rebrand as Mercedes-Benz on Feb. 1

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    BERLIN – Daimler AG will be formally renamed Mercedes-Benz Group AG on Tuesday – nearly a year after the spin-off of its truck and bus division was announced – in …

  • Business News

    De La Rue activist investor calls for sale or break-up of banknote printer – FT

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    – Crystal Amber Fund, one of De La Rue’s largest investors, has called on the British banknote printer to consider a sale or break-up after its profit warning, the Financial …

  • Business News

    Fuel demand rebound powers Phillips 66 profit beat

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    -Phillips 66 posted quarterly earnings that powered past Wall Street estimates on Friday, as the U.S. refiner capitalized on mounting demand for fuel due to a loosening up of coronavirus …

  • Business News

    Exclusive-China securities regulator met foreign banks to soothe economic concerns-sources

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    By Xie Yu and Selena Li HONG KONG -The China Securities and Regulatory Commission (CSRC) met this week with executives at top western banks and asset managers to reassure them …

  • Business News

    Electrolux profit falls as supply-chain headwinds linger

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    By Helena Soderpalm STOCKHOLM -Electrolux said on Friday global supply chain issues would persist after posting a drop in quarterly profit, while expecting demand in 2022 above pre-pandemic levels. Households …

  • Business News

    Fed’s Kashkari says rate hike ‘pause’ conceivable in spring

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    By Ann Saphir – The Fed will likely raise rates in March to tamp down on too-high inflation, Minneapolis Fed President Neel Kashkari said on Friday, but its actions after …

  • Business News

    Credit Suisse hikes cash bonuses as talent war rages

    by Reuters January 28, 2022
    by Reuters January 28, 2022

    By Brenna Hughes Neghaiwi and Oliver Hirt ZURICH -Credit Suisse is boosting cash payouts for senior bankers, it told employees on Friday, as it tries to retain top performers after …

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