Financial News

(Reuters) -As expectations rise that the U.S. Federal Reserve will step up its efforts to contain inflation with bigger interest rate hikes, Chicago Fed President Charles Evans and Atlanta Fed …

By David Shepardson WASHINGTON -Senior officials in the Biden administration and major automotive leaders agree that charging station infrastructure for electric vehicles should offer an interoperable experience based on any …

By Bansari Mayur Kamdar and Noel Randewich (Reuters) – The S&P 500 ended higher on Thursday, with Pfizer and Tesla fueling a late-session rally while investors eyed the war in …

By Gertrude Chavez-Dreyfuss NEW YORK – The U.S. dollar climbed to nearly two-year highs on Thursday, as investors digested hawkish signals from the Federal Reserve, but wondered whether the currency’s …

By Simon Jessop and Ross Kerber LONDON -Amazon.com Inc., the world’s biggest retailer, will face a shareholder vote calling for an independent audit of its treatment of warehouse workers after …

By Seher and Dareen (Reuters) – Gold prices rose on Thursday as concerns over rising costs and the Ukraine crisis bolstered its appeal as an inflation hedge and a safe …

By Francesca Landini and Stephen Jewkes MILAN -The Benetton family, which controls Italy’s Atlantia, has told Global Infrastructure Partners (GIP) and Brookfield it is not interested in the funds’ takeover …

By Laura Sanicola (Reuters) -Oil settled lower on Thursday, adding to weekly losses on uncertainty that the euro zone will be able to effectively sanction Russian energy exports and after …

(Reuters) – The recent sharp strengthening of the rouble “does not pose a risk to Russia’s fiscal policy,” the finance ministry said on Thursday. The rouble firmed sharply in Moscow …

By Timour Azhari, Enas Alashray and Tom Perry BEIRUT -The International Monetary Fund (IMF) said on Thursday it had reached a draft funding agreement with Lebanon – but that Beirut …

BEIRUT – The International Monetary Fund (IMF) said on Thursday it had reached a preliminary agreement with Lebanon for a four-year extended fund facility that would only get full approval …

SANTIAGO – Chile’s President Gabriel Boric announced on Thursday a $3.7 billion economic recovery plan that includes a hike in the minimum wage, subsidies and financing for sectors of the …

By Ernest Scheyder (Reuters) – Rio Tinto, General Motors and even the U.S. Energy Department are investing heavily in a crop of newer technologies that could revolutionize the way lithium …

By Marcy de Luna (Reuters) -The Federal Energy Regulatory Commission (FERC) said on Thursday it granted Sempra Energy an extension to build two pipelines in Texas and Louisiana to connect …

By Rajesh Kumar Singh CHICAGO – Robin Hayes, the ebullient chief executive of JetBlue Airways Corp, was on an Amtrak train on Tuesday coming back from Boston when news broke …

By Eric Onstad and Pratima Desai LONDON – Commodity trader Trafigura and other firms are moving to take large amounts of zinc out of London Metal Exchange approved warehouses in …

(Reuters) – Activision Blizzard Inc said on Thursday nearly 1,100 U.S.-based temporary and contingent quality assurance workers of some divisions will be converted to full-time employees, starting July 1. The …

By Dan Burns (Reuters) – The Federal Reserve on Wednesday signaled it will likely start culling assets from its $9 trillion balance sheet at its meeting in early May and …

By Elvira Pollina MILAN -Telecom Italia (TIM) turned its back on a takeover approach from KKR on Thursday when it refused to grant the U.S. fund access to its books …

MUMBAI – India’s Tata Group on Thursday launched its much-awaited e-commerce “super app” offering everything from apparel to air tickets in a renewed push for a slice of a fast …

By Chris Taylor NEW YORK -When Nicole Flecchia contracted COVID-19 in January of 2021, the University of Rhode Island grad student figured she might be looking at a few days …

(Reuters) -The Russian rouble firmed sharply in Moscow trade on Thursday to levels last seen before Russia sent tens of thousands of soldiers to Ukraine, while stocks indexes jumped higher, …

By David Lawder WASHINGTON – U.S. Treasury Secretary Janet Yellen said on Thursday crypto asset regulations should support responsible innovation while managing risks, sticking to the contours of a recent …

By David Shepardson and Karen Freifeld WASHINGTON/NEW YORK -The U.S. Commerce Department stepped up its crackdown against Russian airlines on Thursday, slapping Aeroflot , Azur Air, and UTair with enforcement …

By Gram Slattery and Gabriel Araujo RIO DE JANEIRO – After two messy, drama-filled weeks struggling to fill the top job at state-run oil company Petrobras Brazil’s government turned this …