By Marianna Parraga and Matt Spetalnick HOUSTON/WASHINGTON -Chevron Corp. is preparing to take operating control of its joint ventures in Venezuela if Washington relaxes sanctions on Caracas to boost crude …
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– Russia on Monday passed a law allowing the country’s airlines to place airplanes leased from foreign companies on the country’s aircraft register – a manoeuvre likely to stoke Western …
- Financial News
EU to tighten sanctions on Russian oil companies, but stops short of import ban – source
by Reutersby ReutersBy Francesco Guarascio BRUSSELS – European Union states are set to adopt new sanctions against Russia’s oil majors Rosneft, Transneft and Gazprom Neft, but will continue to buy oil from …
- Financial News
European shares gain on Ukraine hopes; Volkswagen surges on strong results
by Reutersby ReutersBy Sruthi Shankar and Shreyashi Sanyal – European stocks rose on Monday, clinging to hopes of diplomatic efforts by Ukraine and Russia to end weeks-long conflict, while shares in Volkswagen …
- Financial News
Apple supplier Foxconn in talks to build factory in Saudi Arabia – WSJ
by Reutersby Reuters– Foxconn Technology Group is in talks with Saudi Arabia about jointly building a $9 billion facility that could make microchips, electric-vehicle components and other electronics, the Wall Street Journal …
- Financial News
U.S. consumers lift inflation, spending expectations, NY Fed survey finds
by Reutersby ReutersBy Jonnelle Marte – U.S. consumers upped their outlook for where inflation will be a year from now and in three years time, and they expect to spend substantially more …
- Financial News
Canada’s top stock index shines as investors seek inflation hedge
by Reutersby ReutersBy Alexander Schummer and Fergal Smith TORONTO – As Russia’s invasion of Ukraine disrupts the global economy and drives up oil, gold and industrial metal prices, investors are embracing Canada’s …
- Financial News
White House working to line up bipartisan support for Fed nominee Raskin
by Reutersby ReutersWASHINGTON – The White House said on Monday it was working to line up bipartisan support for Federal Reserve nominee Sarah Bloom Raskin, after Democratic Senator Joe Manchin said he …
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– Pfizer Inc and Bayer said on Monday they would maintain humanitarian supply of medicines to Russia, but would pull back from other non-essential spending in the country. Global companies …
- Financial News
Petrobras CEO vows to remain despite criticism over fuel price hike
by Reutersby ReutersBy Rodrigo Viga Gaier RIO DE JANEIRO -Petrobras Chief Executive Joaquim Silva e Luna said on Monday he will not leave the Brazilian state-run oil company despite facing criticism from …
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Elon Musk Gives Biden’s Labor Secretary Tour Of Tesla Factory Thomas Catenacci on March 14, 2022 Tesla CEO Elon Musk gave Secretary of Labor Marty Walsh a tour of his …
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Central Bank Expected To Raise Interest Rates Wednesday Harry Wilmerding on March 14, 2022 The Federal Reserve is expected to raise interest rates after its meeting Wednesday to combat the …
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(This March 10 story corrects to say allowing airlines .. to register rights to leased aircraft ..not.. to register as property) – Russia’s government said on Thursday that it had …
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– As Russia blocked access to Meta Platforms Inc’s flagship social media platforms, Facebook and Instagram, demand from internet users for tools to skirt the restrictions skyrocketed, data from a …
- Financial News
Germany to buy 35 Lockheed F-35 fighter jets from U.S. amid Ukraine crisis
by Reutersby ReutersBERLIN -Germany will buy 35 U.S. F-35 fighter jets to replace its ageing Tornado, it said on Monday, announcing a first big defence deal since Chancellor Olaf Scholz pledged a …
- Financial News
Shell stopped from selling Nigerian assets until $2 billion appeal decided
by Reutersby ReutersBy Camillus Eboh ABUJA – A Nigerian court has stopped Shell Plc from selling any assets in Nigeria until a decision is reached on the company’s appeal of a nearly …
- Financial News
U.S. lawmakers seek review of USPS next-generation delivery vehicle contract
by Reutersby ReutersBy David Shepardson WASHINGTON -A group of five House Democratic lawmakers on Monday asked a federal watchdog to review if the U.S. Postal Service (USPS) complied with environmental regulations in …
- Financial News
JPMorgan to resume hiring unvaccinated individuals, drop mask mandate -memo
by Reutersby Reuters-JPMorgan Chase & Co will resume hiring unvaccinated individuals from April 4, the bank said in an internal memo seen by Reuters on Monday, as it looks to ease rules …
- Financial News
Allianz, Swiss Re join other financial firms in turning from Russia
by Reutersby ReutersBy Tom Sims, Simon Jessop and Paul Arnold FRANKFURT/LONDON/ZURICH – Allianz and Swiss Re said on Monday they were cutting back on Russian business as European financial institutions turn their …
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– Electric Last Mile Solutions Inc’s shares fell more than 45% on Monday after the electric vehicle startup disclosed a probe by the U.S. Securities and Exchange Commission and withdrew …
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By Dawn Chmielewski – Discovery Inc Chief Financial Officer Gunnar Wiedenfels on Monday provided the most concrete details to date about the media company’s plans to combine its Discovery+ streaming …
- Financial News
Russian gas will continue to flow through Ukraine to Europe – Ukraine’s Naftogaz
by Reutersby ReutersBy Susanna Twidale LONDON – Russian gas will continue to flow to Europe through Ukraine as long as the operators of Ukraine’s gas networks are able to function, the head …
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-Yum China Holdings Inc said on Monday a COVID-19 resurgence in the country in recent weeks had dented sales in the first quarter, setting back the revival its KFC, Pizza …
- Financial News
Citigroup expands Russia withdrawal, raising prospect of losses
by Reutersby ReutersBy Noor Zainab Hussain and David Henry -Citigroup Inc on Monday followed rival Wall Street banks by accelerating its withdrawal from Russia, saying it is no longer taking on new …
- Financial News
Biden administration announces $409 million for transportation projects in 39 states
by Reutersby Reuters– The administration of U.S. President Joe Biden awarded $409 million in grants to 70 projects in 39 states to modernize and electrify America’s buses, and improve their safety, the …