By Katanga Johnson WASHINGTON -The U.S. Securities and Exchange Commission (SEC) on Monday proposed new rules aimed at preventing conflicts of interest in management and governance of clearing houses. Clearing …
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By Arathy Somasekhar HOUSTON – Oil prices rose nearly 2% on Monday in volatile trading, bouncing off multi-month lows touched last week, as positive economic data from China and the …
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By John McCrank NEW YORK -The dollar eased on Monday, giving back some of the gains it made following Friday’s blockbuster U.S. jobs report, as investors looked ahead to Wednesday’s …
- Financial News
Analysis: Democrats score big wins on climate, drugs with $430 billion U.S. Senate bill
by Reutersby ReutersBy David Morgan WASHINGTON – Democrats scored a major policy victory when the U.S. Senate passed a $430 billion climate change, healthcare and tax bill that will help reduce the …
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By Chibuike Oguh, Kane Wu and Anirban Sen (Reuters) -Carlyle Group Inc Chief Executive Kewsong Lee has abruptly stepped down months before the scheduled end of his five-year contract, raising …
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By Laura Sanicola NEW YORK – U.S. fuel retailers are fighting the inclusion of a tax credit for sustainable aviation fuel (SAF) in Democrats’ $430 billion spending bill, arguing SAF …
- Top HeadlinesUS and World News
Two more grain ships sail from Ukraine as third port opens
by Reutersby ReutersISTANBUL – Two more ships, carrying corn and soybeans, departed from Ukrainian Black Sea ports on Monday, Turkey and Ukraine said, taking the total to ten since the first ship …
- Politics
Factbox-U.S. climate deal has money for EVs, clean energy and even Big Oil
by Reutersby Reuters(Reuters) – After years of failed attempts to pass major legislation to combat climate change, the U.S. Senate’s Inflation Reduction Act is poised to become largest U.S. climate legislation in …
- Top HeadlinesUS and World News
Wildfires are destroying California’s forest carbon credit reserves -study
by Reutersby ReutersBy Nichola Groom (Reuters) – Carbon offsets generated from forests to counteract future climate-warming emissions from California’s big polluters are rapidly being depleted as trees are ravaged by wildfire and …
- Financial News
New Colombian tax bill aims at oil exports to fund social spending
by Reutersby ReutersBy Nelson Bocanegra and Carlos Vargas BOGOTA -Colombia’s new leftist government on Monday formally proposed a tax reform bill to lawmakers which would raise some 25 trillion pesos ($5.76 billion) …
- Financial News
U.S. tax bill may drag on earnings, cause buyback rush; gives some sectors a boost
by Reutersby ReutersNEW YORK -The climate, healthcare and tax bill passed by the U.S. Senate over the weekend could shave corporate earnings slightly and make companies pull forward their share repurchase plans, …
- Top HeadlinesUS and World News
China’s Hainan expands COVID lockdowns to quell outbreak
by Reutersby ReutersBEIJING/SHANGHAI -China’s Hainan, an island province dependent on tourism, locked down more areas on Monday, state media reported, as it battles its worst COVID-19 outbreak after seeing very few cases …
- Financial News
BioNTech expects Omicron-adapted vaccine deliveries as soon as October
by Reutersby ReutersBERLIN -BioNTech expects to begin deliveries of two Omicron-adapted vaccines as soon as October, which will help spur demand in the fourth quarter, the German biotech firm said on Monday …
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(Reuters) -Kia Corp’s Russian subsidiary launched a voluntary recall of more than 100,000 cars on Monday due to a possible airbag malfunction, a government regulator announced. The recall affects Kia …
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By Sam Nussey TOKYO – SoftBank Group Corp is planning to cut headcount at its flagship Vision Fund investing arm, CEO Masayoshi Son said on Monday, after a crash in …
- Financial News
Nutrien names Ken Seitz as CEO of the Canadian potash fertilizer producer
by Reutersby ReutersBy Rod Nickel and Arunima Kumar (Reuters) -Canada’s Nutrien Ltd, the world’s largest potash fertilizer producer, named Ken Seitz as chief executive on Monday, removing the interim tag. Nutrien in …
- Top HeadlinesUS and World News
Michigan AG alleges conspiracy by Trump backers to break into voting equipment
by Reutersby ReutersBy Peter Eisler and Nathan Layne (Reuters) -Michigan Attorney General Dana Nessel is alleging that her Republican political opponent in the November elections orchestrated a conspiracy with a state lawmaker …
- Financial News
Putin allows Russian banks under sanctions to halt some FX operations
by Reutersby Reuters(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW – Russian banks that have their foreign currency funds frozen due to …
- Top HeadlinesUS and World News
Washington DC lightning strike that killed three offers climate warning
by Reutersby ReutersBy Gloria Dickie (Reuters) – Scientists say that climate change is increasing the likelihood of lightning strikes across the United States, after lightning struck at a square near the White …
- Financial News
ECB, IMF call on climate standard setters to align company disclosures
by Reutersby ReutersBy Huw Jones LONDON – A global standard setter for company climate disclosures should align with European and U.S. alternatives for easier implementation across jurisdictions and to avoid fragmenting information …
- Financial News
Mexican corporate card Clara lands $150 million debt facility from Goldman Sachs
by Reutersby ReutersBy Kylie Madry MEXICO CITY – Mexican “unicorn” Clara, a startup with a valuation over $1 billion that offers corporate credit cards and expense management resources, said on Monday it …
- Financial News
Tyson Foods misses earnings, warns of supply constraints; shares fall
by Reutersby ReutersBy Tom Polansek and Praveen Paramasivam (Reuters) -Tyson Foods shares fell 10% on Monday as the U.S. meat processor reported weaker-than-expected quarterly earnings and warned of supply constraints and reduced …
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COPENHAGEN -Danish brewer Carlsberg lifted its profit growth forecast for this year on the back of strong performances in Europe and Asia, it said on Monday. It now expects “high …
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By Shreyashi Sanyal and Anisha Sircar (Reuters) – European shares logged their best day in nearly two weeks on Monday after clocking falls in the previous week when a strong …
- Top HeadlinesUS and World News
Chile sinkhole grows large enough to swallow France’s Arc de Triomphe
by Reutersby Reuters(In Aug. 7 story, Lundin Mining corrects information to add Japan’s Sumitomo Metal Mining Co Ltd as a co-owner of the property, paragraph 6.) (Reuters) -A sinkhole in Chile has …