Financial News

By David French and Laura Sanicola – EP Energy is exploring a sale of oil-producing acreage in Utah it hopes will avert a challenge from a U.S. antitrust regulator to …

By Tejaswi Marthi -Treasury Wine Estates said on Wednesday its operating earnings outside mainland China jumped 28%, underpinned by growth in its luxury and premium brands, sending shares of the …

– Meta Platforms Inc said on Tuesday it had closed its acquisition of Kustomer, a U.S. customer service startup, after winning conditional EU antitrust approval for the deal last month. …

By David Lawder and Andrea Shalal WASHINGTON -U.S. Treasury Secretary Janet Yellen will urge her G20 counterparts to work towards ending the COVID-19 pandemic in developing countries and ensuring they …

By Jonnelle Marte and Ann Saphir – Senate Republicans on Tuesday delayed a pivotal committee vote on President Joe Biden’s nominees to the Federal Reserve Board, including Jerome Powell as …

BOGOTA – Colombia’s central bank will have to front load interest rate hikes in the first half of this year in order to get a grip on inflation and maintain …

WASHINGTON -A judge at the U.S. Federal Trade Commission has dismissed a complaint that the agency filed aimed at requiring Marlboro maker Altria Group to sell a minority investment in …

SAO PAULO – Brazilian planemaker Embraer SA said on Tuesday that American Airlines has placed a firm order for three new E175 aircraft, which will be operated by its Envoy …

By Akash Sriram -Gaming platform Roblox Corp on Tuesday missed Wall Street estimates for quarterly bookings as the pandemic-driven frenzy for its video games waned, sending its shares down more …

By Fergal Smith TORONTO – Canada’s main stock index rose on Tuesday, helped by a rally in global equity markets after Russia indicated it was withdrawing some troops from exercises …

By Helen Coster – When the reality series “The Challenge: War of the Worlds” launches on four continents in June, ViacomCBS Inc aims to test a key component of its …

By Erwin Seba HOUSTON – Exxon Mobil Corp on Tuesday welcomed an upcoming vote by workers at its Beaumont, Texas, refinery on a new contract offer, saying its terms ensure …

By Mayela Armas CARACAS – The Venezuelan central bank’s gold reserves dropped seven tonnes last year to a new 50-year low, according to financial statements published by the bank on …

By Lucia Mutikani WASHINGTON – U.S. producer prices increased by the most in eight months in January amid a surge in the cost of hospital outpatient care and goods such …

By David Shepardson WASHINGTON -Two U.S. lawmakers asked the Transportation Department’s Office of Inspector General to review the Federal Aviation Administration’s (FAA) oversight over Boeing Co’s actions surrounding the 737 …

By Supantha Mukherjee STOCKHOLM -Ericsson said on Tuesday an internal investigation in 2019 found serious breaches of its compliance rules in Iraq, including evidence of corruption-related misconduct and improper use …

PARIS -Increased uncertainty about the inflation outlook means the European Central Bank needs to keep its options fully open, especially on future interest rate hikes, ECB policymaker Francois Villeroy de …

By Mathieu Rosemain PARIS – France is grouping the country’s top cybersecurity experts in Paris’ business district of La Defense, bringing together startups and household names to tackle the scourge …

TUNIS -The World Bank will lend Tunisia about $400 million to finance social reforms, the Tunisian government said on Tuesday, as it started talks with the International Monetary Fund on …

By David Lawder – Canada prevailed on Tuesday in a challenge to U.S. solar panel tariffs under the trade pact between Canada, the U.S. and Mexico, its trade minister said …

By Deborah Mary Sophia and Hilary Russ -Burger King parent Restaurant Brands International Inc said on Tuesday that it stripped its most famous sandwich, the Whopper, from discount menus and …

MILAN -Two activist investors in Generali on Tuesday urged Italy’s leading insurer to engage in “an open and constructive dialogue” to overcome issues that have held back its growth. Generali …

(Repeats without changes) MILAN – Italy’s fifth-largest bank BPER Banca will present a new business plan after the closing of the deal for Carige, Chief Executive Piero Luigi Montani said …

By Sheila Dang – Coinbase Global on Tuesday said it is launching a pilot program to allow cryptocurrency recipients in Mexico to cash out their funds in pesos, a move …

-Marriott International Inc’s fourth-quarter results topped Wall Street estimates, as increasing vaccination rates and holiday-season traffic boosted occupancy rates across its hotels, sending the company’s shares up over 3% in …