WASHINGTON – The U.S. government said on Thursday it would grant an additional 20,000 H-2B visas for the first half of the fiscal year, in an attempt to ease the …
Reuters
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– First-time owners of electric vehicles were reluctant to switch back to gasoline-fueled cars even as concerns continued to loom about the availability of charging infrastructure, a report from J.D. …
- Business News
Altice calls off Portugal sale over valuation row with buyout funds – sources
by Reutersby ReutersBy Pamela Barbaglia and Sergio Goncalves LONDON – Altice Europe NV has ditched a plan to sell its Portuguese business after private equity bids failed to meet price expectations, leaving …
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Just a week before the opening ceremony of the 2022 Olympic Winter Games, U.S. television viewers can be forgiven for forgetting the date, or even that it is taking place …
- US and World News
U.S. unveils plan to improve cyber defenses for water utilities
by Reutersby ReutersBy Nandita Bose WASHINGTON – The White House on Thursday unveiled a plan to beef up cybersecurity in the nation’s water sector, an extension of its efforts to thwart attacks …
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By Tom Sims and Frank Siebelt FRANKFURT -Deutsche Bank delivered its most profitable year in a decade on the back of a dealmaking bonanza, strengthening Chief Executive Christian Sewing’s hand …
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WASHINGTON – New orders for U.S.-made capital goods were unexpectedly unchanged in December, suggesting a loss of momentum in business spending on equipment amid shortages. The Commerce Department said on …
- Business News
Analysis-‘Nimble’ Fed narrows normalisation window for timid ECB
by Reutersby ReutersBy Balazs Koranyi FRANKFURT – A flurry of rate hikes by the U.S. Federal Reserve will complicate life for the European Central Bank over the coming year, even if their …
- Business News
WhatsApp has until end of Feb to clarify privacy policy change, EU says
by Reutersby ReutersBy Foo Yun Chee BRUSSELS – Facebook unit WhatsApp has been given until the end of February to explain changes to its privacy policy and whether this complies with EU …
- Business News
Analysis-Investors look to prune portfolio risk as Fed hawkishness rules markets
by Reutersby ReutersBy David Randall and Davide Barbuscia NEW YORK – The Federal Reserve’s hawkish shift is bolstering the case for investors looking to trim risk from their portfolios, as the U.S. …
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By Foo Yun Chee BRUSSELS – Facebook on Thursday secured EU antitrust approval for its acquisition of U.S. customer service startup Kustomer after agreeing to provide rivals free access to …
- Business News
Northrop sales disappoint as supply chain snarls restrict deliveries
by Reutersby ReutersBy Mike Stone and Nathan Gomes -Northrop Grumman Corp missed fourth-quarter revenue estimates on Thursday as labor shortages and supply chain snarls hampered its ability to deliver components for defense …
- Business News
DBS to announce purchase of Citi’s Taiwan consumer business -sources
by Reutersby ReutersTAIPEI -Singapore’s DBS Group will announce on Friday it is to buy Citigroup’s consumer finance business in Taiwan, two sources familiar with the matter told Reuters on Thursday. DBS and …
- Business News
Exclusive-Russian bonds would weather sanctions, but yields would rise -deputy Finance Minister
by Reutersby ReutersBy Darya Korsunskaya MOSCOW -Any tightening of western sanctions on an already stressed Russian domestic bond market would make borrowing more expensive for the government and cause significant short-term volatility, …
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FRANKFURT – The European Central Bank launched a stress test on Thursday to assess how prepared banks are to deal with potential shocks stemming from climate risk, it said in …
- Business News
Siemens Energy weighs options for Siemens Gamesa integration -sources
by Reutersby ReutersBy Christoph Steitz FRANKFURT -Siemens Energy has stepped up efforts to explore a full integration of wind turbine business Siemens Gamesa, sources told Reuters, after profit warnings and share price …
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By David Shepardson and Alexandra Alper WASHINGTON – Prominent U.S. business leaders expressed support for key parts of President Joe Biden’s proposed $1.75 trillion spending bill on climate and social …
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By Valentina Za MILAN -Italian lender UniCredit has signed an agreement with unions for 1,200 voluntary job cuts to be partly offset by 725 new hires, the country’s biggest banking …
- Business News
EU airline passenger data law gets thumbs-up from EU court adviser
by Reutersby ReutersBy Foo Yun Chee BRUSSELS – An EU law on gathering airline passenger information conforms with the bloc’s rights and data protection laws, but such data should only be retained …
- Business News
Crypto firm Fireblocks raises $550 million, company valued at $8 billion
by Reutersby ReutersBy Gertrude Chavez-Dreyfuss NEW YORK – Fireblocks, a digital asset infrastructure provider, said on Thursday it raised $550 million from institutional investors, making it one of the largest financing rounds …
- Business News
EU watchdog seeks more influence over margin calls at clearing houses
by Reutersby ReutersBy Huw Jones LONDON – The European Union’s securities watchdog proposed changes on Thursday to the bloc’s rules for clearing houses, saying more harmonisation was needed to avoid the sector …
- US and World News
Biden says 14.5 million Americans have signed up for health insurance since November
by Reutersby ReutersBy Nandita Bose WASHINGTON – President Joe Biden said on Thursday 14.5 million Americans have signed up for health insurance since Nov. 1, attributing the progress to the passage of …
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By Gertrude Chavez-Dreyfuss NEW YORK – CoinTracker, which tracks consumers’ cryptocurrency taxes and portfolios, said on Thursday it has raised $100 million in funding from a slew of institutional investors and …
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By Michael Shields and Brenna Hughes Neghaiwi ZURICH – UBS has agreed to buy California-based digital wealth management start-up Wealthfront in a $1.4 billion all-cash deal, as the Swiss bank …
- Business News
Analysis-Robinhood shares stumble as trading frenzy wanes, regulators circle
by Reutersby ReutersBy Hannah Lang – Robinhood Markets Inc became a household name ahead of its stellar IPO last year, when retail investors used its trading app to drive shares of GameStop …