Financial News

By Chibuike Oguh (Reuters) – GTCR LLC and Clayton, Dubilier & Rice (CD&R) are among private equity firms that have expressed interest in acquiring U.S. medical device manufacturer Merit Medical …

By Arathy Somasekhar HOUSTON -Oil prices rose 2% on Friday but notched their second straight weekly decline after countries announced plans to release crude from their strategic stocks. Brent crude …

By David Shepardson WASHINGTON -The Federal Aviation Administration (FAA) said on Friday it is naming a new head of its aircraft certification service as the agency works to implement significant …

By Gertrude Chavez-Dreyfuss NEW YORK – The U.S. dollar index on Friday posted its largest weekly percentage gain in a month, supported by the prospect of a more aggressive pace …

WASHINGTON – The U.S. federal judge hearing the government’s antitrust case against Alphabet’s Google said on Friday he was not convinced that he had the authority to sanction the company …

By Carolyn Cohn and Noor Zainab Hussain LONDON – Munich Re is planning new wordings in cyber insurance policies to exclude war, to avoid disputes over what is covered, the …

(Reuters) – Proxy advisory firm Glass Lewis urged shareholders of Goldman Sachs Group Inc to vote against special bonuses the Wall Street bank has proposed for two top executives. The …

By Elizabeth Dilts Marshall NEW YORK -Bank of America on Friday voiced support for the securities regulator’s proposal requiring U.S.-listed companies to disclose their climate-related risks and greenhouse gas emissions. …

BRUSSELS – The European Union has agreed to freeze the assets in the EU of the boss of Russia’s top lender Sberbank, Vladimir Putin’s two daughters and more oligarchs, according …

By Cassandra Garrison MEXICO CITY – The head of the Inter-American Development Bank (IDB), Mauricio Claver-Carone, on Friday said he was the target of an “anonymous political media campaign” after …

By David Randall NEW YORK – Some investors are looking for bargains in beaten-down growth and tech stocks, betting they will shine as the Federal Reserve fights to slow the …

By Seher and Dareen (Reuters) – Palladium rose 11% on Friday on renewed supply concerns after trading in the metal from Russian refineries was suspended in London over Moscow’s invasion …

(Reuters) -Amazon.com accused the new union at a New York City warehouse of threatening workers unless they voted to organize, an assertion an attorney for the labor group called “really …

By Erwin Seba HOUSTON – Negotiators from Chevron Corp and the United Steelworkers union (USW) are scheduled to meet on Monday to discuss a possible end to a strike at …

By Dawn Chmielewski (Reuters) – As David Zaslav prepares to take over as head of Hollywood’s new powerhouse, the soon-to-be formed Warner Bros Discovery, he’ll confront a challenge few anticipated …

By Anthony Esposito MEXICO CITY – Central banks from Brazil to Chile may be forced to dole out more monetary “medicine” than expected as inflation in the region continue to …

(Reuters) -The Russian rouble on Friday hit its strongest level against the euro since June 2020 after an unexpected central bank rate cut, but soon reversed gains and ended the …

(Reuters) -Japanese automaker Mitsubishi Motors said on Friday it had stopped production at a Russian van plant in Kaluga that it owns with Stellantis until further notice, joining other major …

By Stephen Jewkes and Francesca Landini MILAN -Investment funds Global Infrastructure Partners and Brookfield are not contemplating any “hostile” move on Italy’s road and airport operator Atlantia as a rival …

(Reuters) – Airbus said its production targets are not affected by the war in Ukraine as it sees raw material supplies secured even if Russian exports are embargoed, the Frankfurter …

By Susan Mathew and Anisha Sircar (Reuters) -European shares rallied on Friday to erase weekly losses, while investors focused on a tight race between far-right rival Marine Le Pen and …

By Valentina Za and Andrea Mandala MILAN -France’s Credit Agricole has become the single largest investor in Banco BPM after buying a 9.2% stake, raising the prospect of a full …

NEW YORK – A U.S. recession is not imminent despite the inversion of a part of the U.S. Treasury yield curve which has been “artificially pressured” by some investors, BlackRock …

By Noor Zainab Hussain and Carolyn Cohn LONDON – AIG, one of the world’s biggest commercial insurers, is considering cutting cover for Russia and Ukraine, to shield itself from the …

By Yoruk Bahceli (Reuters) -Euro zone bond yields rose on Friday as traders further ramped up bets on European Central Bank rate hikes this year. Minutes from the ECB’s latest …