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Home - Results for business - Page 2509
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"business"

  • Financial News

    Toronto index falls as sliding commodities weigh on energy, material stocks

    by Reuters March 15, 2022
    by Reuters March 15, 2022

    By Bansari Mayur Kamdar – Canada’s benchmark index extended losses for a third straight session on Tuesday, as weakness in energy and metal prices due to rising COVID-19 cases in …

  • Financial News

    EU leaders back urgently refilling gas stores for next winter – draft

    by Reuters March 15, 2022
    by Reuters March 15, 2022

    By Kate Abnett BRUSSELS -European Union countries should immediately start refilling their gas stores to prepare for next winter and provide a buffer against supply shocks, EU country leaders will …

  • Financial News

    Workers at Exxon Mobil refinery in Texas vote to retain USW union after lockout

    by Reuters March 15, 2022
    by Reuters March 15, 2022

    (This March 14 story corrects headline to USW) – The United Steelworkers union (USW) won a vote to continue representing workers at an Exxon Mobil Corp refinery in Beaumont, Texas, …

  • Financial News

    Canada, U.S. shippers brace for possible CP Rail strike, latest supply-chain disruption

    by Reuters March 15, 2022
    by Reuters March 15, 2022

    By Rod Nickel WINNIPEG, Manitoba -Thousands of workers at Canada’s second-biggest railway, Canadian Pacific Railway Ltd, have threatened to strike this week, potentially disrupting the movement of grain, potash and …

  • Financial News

    OPEC flags risk to oil demand outlook from Ukraine war, inflation

    by Reuters March 15, 2022
    by Reuters March 15, 2022

    By Alex Lawler LONDON -OPEC said on Tuesday that oil demand in 2022 faced challenges from Russia’s invasion of Ukraine and rising inflation as crude prices soar, increasing the likelihood …

  • Department of Justice Press Releases

    Georgia Cyber Fraud Task Force marks one year of progress

    by DOJ Press March 15, 2022
    by DOJ Press March 15, 2022

    ATLANTA – The U.S. Attorney’s Office for the Northern District of Georgia along with the Office of the Georgia Attorney General, six metro-Atlanta District Attorneys, the FBI Atlanta Field Office, …

  • Financial News

    Russia to spend $9 billion to rebuild supply chains, PM says

    by Reuters March 15, 2022
    by Reuters March 15, 2022

    – Russia plans to spend 1 trillion roubles ($9 billion) on so-called anti-crisis measures, Prime Minister Mikhail Mishustin said on Tuesday, as the government tries to at least partially offset …

  • Financial News

    Aeroflot CEO no longer on airline trade group IATA’s board of governors

    by Reuters March 15, 2022
    by Reuters March 15, 2022

    MONTREAL – The chief executive of Russian carrier Aeroflot is no longer on the board of governors of the International Air Transport Association (IATA), a spokesman for the airline trade …

  • Financial News

    RWE needs to divest brown coal to become fully green – Enkraft

    by Reuters March 15, 2022
    by Reuters March 15, 2022

    ESSEN, Germany – Activist shareholder Enkraft on Tuesday said RWE would have to divest its brown coal division to fully transform and decarbonise its business, adding the company was too …

  • Financial News

    UniCredit considers quitting Russia, Credit Suisse outlines Russian wealth clients

    by Reuters March 15, 2022
    by Reuters March 15, 2022

    By Valentina Za, Brenna Hughes Neghaiwi and Marc Jones MILAN/ZURICH/LONDON -UniCredit could decide on a costly exit from Russia after its invasion of Ukraine, the Italian bank’s CEO said on …

  • Financial News

    JPMorgan to buy Irish fintech firm Global Shares

    by Reuters March 15, 2022
    by Reuters March 15, 2022

    – JPMorgan Chase & Co said on Tuesday it would buy Global Shares, an Irish fintech firm whose software helps businesses manage employee stock plans. The deal, the terms of …

  • Financial News

    Musk expected at Tesla gigafactory’s first delivery on March 22 -paper

    by Reuters March 15, 2022
    by Reuters March 15, 2022

    BERLIN – Tesla Inc aims to deliver the first cars from its long-delayed $5 billion gigafactory near Berlin next Tuesday, Handesblatt business daily reported, adding that local German politicians expect …

  • Financial News

    Russia’s VTB closes London-based investment bank as sanctions bite

    by Reuters March 15, 2022
    by Reuters March 15, 2022

    By Lawrence White LONDON – Russia’s second-biggest bank VTB is closing the London-based arm of its investment banking unit VTB Capital, it said on Tuesday, as Western sanctions continue to …

  • Financial News

    Russian central bank halts purchases of gold from banks to meet household demand

    by Reuters March 15, 2022
    by Reuters March 15, 2022

    -The Russian central bank said it will suspend the buying of gold from banks from Tuesday to meet increased demand for the precious metal from households, its latest attempt to …

  • Financial News

    Credit Suisse CEO details tens of billions managed for Russian clients

    by Reuters March 15, 2022
    by Reuters March 15, 2022

    By Brenna Hughes Neghaiwi ZURICH -Credit Suisse is reviewing its operations in Russia, Chief Executive Thomas Gottstein said on Tuesday, as he detailed tens of billions of dollars in assets …

  • Financial News

    Exclusive-Hellenic clinches initial deal to ramp up crude oil supplies from Saudi Arabia

    by Reuters March 15, 2022
    by Reuters March 15, 2022

    ATHENS – Hellenic Petroleum, Greece’s biggest oil refiner, has clinched an initial deal to get additional crude oil supplies from Saudi Arabia, two sources from the refiner said on Tuesday. …

  • Financial News

    Acacia Research taps Starboard SPAC executive as M&A chief

    by Reuters March 15, 2022
    by Reuters March 15, 2022

    By Svea Herbst-Bayliss BOSTON – Acquisition platform Acacia Research Corp, backed by activist fund Starboard Value and a recent bidder for retailer Kohl’s Corp, appointed one of the hedge fund’s …

  • Financial News

    American Airlines cuts first-quarter capacity forecast as oil prices surge

    by Reuters March 15, 2022
    by Reuters March 15, 2022

    – American Airlines Group Inc cut its current-quarter capacity forecast on Tuesday, as airlines grapple with high fuel prices due to the Russia-Ukraine war. (Reporting by Abhijith Ganapavaram in Bengaluru; …

  • Financial News

    London Stock Exchange to enter market for private company financing

    by Reuters March 15, 2022
    by Reuters March 15, 2022

    By Huw Jones LONDON – The London Stock Exchange Group (LSEG) said on Tuesday it had teamed up with digital private asset platform Floww to enter the market for unlisted …

  • Financial News

    Canada housing starts rise 8% in February

    by Reuters March 15, 2022
    by Reuters March 15, 2022

    OTTAWA – Canadian housing starts rose 8% in February compared with the previous month on gains in both multiple urban starts and single detached urban starts, data from the national …

  • Department of Justice Press Releases

    Founders of Boston Nonprofit Indicted on Fraud Charges

    by DOJ Press March 15, 2022
    by DOJ Press March 15, 2022

    BOSTON – The founders of a local nonprofit, Violence in Boston (VIB), have been indicted by a federal grand jury in connection with a series of alleged schemes designed to …

  • Financial News

    Gazprom says gas exports outside ex-Soviet Union down 28.5% y/y so far in 2022

    by Reuters March 15, 2022
    by Reuters March 15, 2022

    – Russian energy giant Gazprom said on Tuesday that natural gas exports outside former Soviet Union countries fell by 28.5% year on year to 30.7 billion cubic metres (bcm) in …

  • Financial News

    Wall Street-backed MEMX to launch options exchange

    by Reuters March 15, 2022
    by Reuters March 15, 2022

    By John McCrank NEW YORK – Members Exchange (MEMX), the fastest growing U.S. stock exchange, said on Tuesday it plans to launch an options exchange in the fourth quarter, pending …

  • Financial News

    Allies join G7’s WTO stance towards Russia – EU trade chief

    by Reuters March 15, 2022
    by Reuters March 15, 2022

    BRUSSELS – Nine other countries have joined the G7 nations in stripping Moscow of its privileged trade treatment following Russia’s invasion of Ukraine, EU trade chief Valdis Dombrovskis said on …

  • Financial News

    Tesla raises prices for second time in days on rising costs

    by Reuters March 15, 2022
    by Reuters March 15, 2022

    BEIJING -Tesla Inc raised its prices in China and the United States for the second time in less than a week, after CEO Elon Musk said the U.S. electric carmaker …

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