By David Shepardson WASHINGTON (Reuters) -The U.S. Chamber of Commerce and two Texas business groups sued the Federal Communications Commission on Tuesday seeking to overturn the Biden administration’s new digital …
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JPMorgan extends Venezuela’s ‘watch period’ in benchmark bond index
by Reutersby ReutersNEW YORK/LONDON (Reuters) – JPMorgan has delayed a key decision on whether to lift the weighting of Venezuela’s bonds in its widely-followed EMBI index series by a month, with the …
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Pfizer posts surprise 4th quarter profit, but key products miss on sales
by Reutersby ReutersBy Michael Erman and Bhanvi Satija (Reuters) -Pfizer reported a surprise quarterly profit on Tuesday, helped by cost cuts and higher-than-expected demand for its COVID treatment Paxlovid, but sales of …
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Extremist sentenced to 18 years for attack on Ohio church that planned drag events
by Reutersby ReutersBy Kanishka Singh (Reuters) – A far-right extremist from Ohio was sentenced to 18 years in federal prison for firebombing a church that planned to host two drag events, a …
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Southwest prepared to wait for delayed Boeing MAX 7s, executive says
by Reutersby ReutersDUBLIN (Reuters) -Southwest Airlines is willing to wait until 2026 or 2027 if necessary to take delivery of Boeing 737 MAX 7 aircraft, a senior executive said on Tuesday after …
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By Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings unexpectedly increased in December and data for the prior month was revised higher, suggesting that the labor market likely remains too …
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WSJ plans to restructure Washington bureau, let go of some staff – Axios
by Reutersby Reuters(Reuters) – The Wall Street Journal is planning to restructure its Washington bureau and lay off some staff, news site Axios reported on Tuesday. “The reorganization will also move some …
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FRANKFURT (Reuters) – Germany’s RAG foundation has written off all of its investments in Rene Benko’s insolvent Signa Group, RAG Chief Executive Bernd Toenjes said in an interview with Frankfurter …
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BERLIN/FRANKFURT (Reuters) – The European Central Bank has tamed the “greedy beast” of inflation, ECB policymaker Joachim Nagel said on Tuesday, in a departure from his usual cautious tone. The …
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Chevron reroutes Kazakh oil to Asia around Africa – sources, LSEG data
by Reutersby ReutersMOSCOW (Reuters) – Chevron is sending cargoes of Kazakhstan’s CPC Blend oil to Asia around Africa’s Cape of Good Hope rather than via the Red Sea to avoid the risk …
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Italy Finance Minister sought clarification from UniCredit CEO over Pop Sondrio, sources say
by Reutersby ReutersBy Valentina Za and Giuseppe Fonte MILAN (Reuters) – Italy’s Economy Minister Giancarlo Giorgetti sought clarification from UniCredit CEO Andrea Orcel over the lender’s potential interest in Popolare di Sondrio …
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NEW DELHI (Reuters) – India’s economy is likely to grow at 6.5% in the financial year starting April 1, 2024 and at a similar pace the year after, the International …
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By Arriana McLymore NEW YORK (Reuters) – Whether Amazon.com can cash in on its delivery heft by boosting fee revenue from its “Buy With Prime” service after a 2022 overhaul …
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Exclusive-UNC pays anti-affirmative action group $4.8 million after US Supreme Court loss
by Reutersby ReutersBy Nate Raymond (Reuters) – The University of North Carolina has agreed to pay $4.8 million to cover the fees and expenses of a group founded by affirmative action critic …
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Citibank sued by New York over alleged failure to reimburse fraud victims
by Reutersby ReutersBy Luc Cohen and Tatiana Bautzer NEW YORK (Reuters) – New York state’s attorney general’s office said on Tuesday said it had sued Citibank for allegedly failing to protect customers …
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Biden says he has decided how to respond to attack on US troops in Jordan
by Reutersby ReutersBy Jeff Mason and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden said on Tuesday he has made up his mind on how to respond to a drone attack that …
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By Jonathan Landay, Maya Gebeily, Andrew Mills and Nidal al-Mughrabi WASHINGTON/BEIRUT/DOHA (Reuters) – Hamas is studying a three-phase Gaza ceasefire plan that would secure the release of most Israeli hostages …
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Brazil creates 1.484 million jobs in 2023 after worse-than-expected December
by Reutersby ReutersBRASILIA (Reuters) – Brazil ended 2023 with a net creation of 1.484 million jobs, said the Labor Ministry on Tuesday, a result that followed disappointing figures from December. Latin America’s …
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By David Milliken and William Schomberg LONDON (Reuters) -The International Monetary Fund (IMF) warned Britain’s Conservative government on Tuesday not to cut taxes in the run-up to a national election …
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Iraqi, Jordanian foreign ministers hold call after attack on U.S. outpost in Jordan
by Reutersby Reuters(Reuters) – Iraqi Foreign Minister Fuad Hussein, in a phone call with his Jordanian counterpart on Tuesday, condemned an attack on a U.S. military outpost on Jordanian territory near the …
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(Reuters) – The Federal Reserve will conclude its latest two-day policy meeting on Wednesday, and while it is expected to maintain its policy rate in the current 5.25%-5.50% range, data …
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‘No obstacle’ to Argentina mega reform bill in Congress, government says
by Reutersby ReutersBy Walter Bianchi BUENOS AIRES (Reuters) – Argentina’s government said on Tuesday that it was confident its sprawling economic reform bill, known as the “omnibus bill”, would gain approval in …
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Citadel’s Griffin says cooling inflation could lead to Fed rate cuts this summer
by Reutersby Reuters(Reuters) – Cooling inflation in the United States gives the Federal Reserve room to potentially start cutting interest rates this summer, Citadel founder and billionaire investor Ken Griffin said on …
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By Emma Rumney LONDON (Reuters) -Shares in Diageo recovered on Tuesday after initially falling 4%, as the world’s top spirits maker reassured investors it was taking steps to fix problems …
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By Shashwat Chauhan and Shristi Achar A (Reuters) -European shares closed slightly higher after hitting fresh two-year highs on Tuesday, as investors drew comfort from upbeat corporate updates, while France’s …