Analysis: Dollar’s surge spurs currency hedging by U.S. companies
By Saqib Iqbal Ahmed NEW YORK – U.S. companies are ramping up efforts to protect their profits from a relentless rally in the dollar, as the greenback surges to multi-decade…
By Saqib Iqbal Ahmed NEW YORK – U.S. companies are ramping up efforts to protect their profits from a relentless rally in the dollar, as the greenback surges to multi-decade…
By Alex Lawler, Julia Payne and Ron Bousso LONDON/LAGOS – Almost half the shortfall in planned oil supply by OPEC and its allies is down to Nigeria and Angola, data…
By Saqib Iqbal Ahmed NEW YORK – A massive two-day swing in U.S. stocks highlights a trend that some market participants believe will be a hallmark for months to come:…
By Simon Jessop and Tommy Wilkes LONDON – Financial institutions face losses of at least $225 billion from risks related to water, with a third of them doing nothing to…
By Tom Westbrook SINGAPORE – The yen has tumbled 10% to a two-decade low to the dollar in a matter of weeks. But history suggests that still isn’t cheap, and…
By Jorgelina do Rosario and Karin Strohecker (Reuters) – Sri Lanka’s creditors face losing a third to half of their investment in the country’s dollar bonds, after the government announced…
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…
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 Iain Withers and Carolyn Cohn LONDON – Major British financial companies collectively narrowed their gender pay gaps last year, but some went into reverse gear, including UBS and Deutsche…
Are Latinos Really Abandoning Dems? Poll Analysis Gives New Insight Sebastian Hughes on March 24, 2022 Analysis from election forecaster Sabato’s Crystal Ball released Thursday argues that Latino voters’ recent…
By Chayut Setboonsarng BANGKOK – A global energy crunch is sending liquefied natural gas prices skywards, but Thailand needs to ramp up its purchases to offset a steep production fall…
By Davide Barbuscia NEW YORK – Wild swings in asset prices following Russia’s invasion of Ukraine are prompting some investors to pare risk in their portfolios, fearing that the type…
ANALYSIS: White House Keeps Misleading Public On Oil, Gas Leasing. Here Are The Facts Thomas Catenacci on March 7, 2022 The White House has repeatedly suggested the private sector can…
President Joe Biden has pushed an aggressive anti-fossil fuels agenda since taking office, harming U.S. energy independence goals and enabling Russian aggression, experts said. “Vladimir Putin has had a chance…
As Washington, D.C., prepares for its second winter storm in as many weeks, Democrats in Congress are all-in on their bid to pass their voting legislation and, if it fails,…
Democrats four years ago rode a blue wave to governors’ mansions across the country, flipping Republican-held seats in the Midwest, Northeast and West alike. Now, however, many of those governors…
The price of gasoline is set to increase to $4 per gallon or more within five months, according to an industry analysis released Tuesday. The gas price surge is forecasted…
President Joe Biden’s lax policy on the Nord Stream 2 pipeline, choosing to remove barriers to its construction, has opened the door to a Russian invasion of Ukraine, an expert…
President Joe Biden picked Jessica Rosenworcel and Gigi Sohn for positions on the Federal Communications Commission (FCC) in late October, setting a course for a return to more government oversight…
Congress in the past two weeks managed to avoid a government shutdown and a nationwide debt default amid one of the busiest legislative months in recent memory, but their last-minute…
South Bend Indiana Mayor Pete Buttigieg has risen as an unlikely top tier candidate in the 2020 democratic presidential primary race. We go inside Mayor Pete’s financial strategy with The…
Yesterday, House Democrats introduced two articles of impeachment against President Trump, alleging abuse of power and obstruction of congress regarding his interactions with Ukraine. We have the latest from AP…
The Democratic-controlled House of Representatives approved a resolution on Thursday that sets the rules for public hearings in the impeachment inquiry of US President Donald Trump. The resolution, approved by…
India’s Supreme Court has given ownership of a disputed religious site in the northern town of Ayodhya to Hindus for the construction of a temple in a landmark verdict announced…