Category Archives:
Mitsui posts record profit on strong metals, offsetting Russia loss
By Yuka Obayashi TOKYO (Reuters) -Japanese trading house Mitsui & Co Ltd reported a record full-year profit on Monday as soaring metals and energy prices offset a loss from its liquefied natural gas (...
May 02, 2022
Germany to invite India, Indonesia, Senegal, S Africa to G7 summit
BERLIN (Reuters) - Senegal, South Africa, India and Indonesia will be invited as guest countries to attend the G7 summit hosted by Germany in June , a German government spokesperson said on Monday. (R...
May 02, 2022
Bond investors go for safety, brace for ultra-hawkish Fed
By Gertrude Chavez-Dreyfuss and Davide Barbuscia NEW YORK (Reuters) - The Federal Reserve's well-telegraphed plan to hike interest rates by half a percentage point on Wednesday and start reducing its ...
May 02, 2022
Goldman Sachs slashes credit exposure to Russia
(Reuters) -Goldman Sachs Group Inc reduced its total credit exposure to Russia to $260 million in March from $650 million at the end of 2021, the bank said in a regulatory filing on Monday. The bank s...
May 02, 2022
Apple hit with EU antitrust charge over its payment technology
By Foo Yun Chee BRUSSELS (Reuters) - EU antitrust regulators charged Apple on Monday with restricting rivals' access to its NFC chip technology in a move that could result in a hefty fine for the iPho...
May 02, 2022
G-III Apparel to buy Karl Lagerfeld brand
(Reuters) - G-III Apparel Group Ltd said on Monday it has agreed to acquire the remaining 81% stake in the Karl Lagerfeld brand for $210 million. (Reporting by Deborah Sophia in Bengaluru; Editing by ...
May 02, 2022
Hispanics lose faith in Democrats over inflation as U.S. elections loom
By Tim Reid and Brad Brooks PHOENIX/COMMERCE CITY, Colo. (Reuters) - Ricardo Aguirre sits near his two taco trucks and laments the soaring cost of tomatoes, onions, meat and cilantro, which have doubl...
May 02, 2022
Deliveroo suspends pay cut for UAE delivery riders after rare worker strike
By Alexander Cornwell DUBAI (Reuters) - Deliveroo has suspended plans that would cut rider earnings in the United Arab Emirates after a rare strike by foreign delivery workers in the Gulf Arab state o...
May 02, 2022
The Fed wants to cool the U.S. housing market. Here’s what that feels like
By Ann Saphir and Lindsay Dunsmuir (Reuters) - In mid-April, months into an increasingly frustrating house hunt, Harsh Grewal and his wife settled on a place in a San Francisco suburb and were preppin...
May 02, 2022
Explainer-What’s at stake in the 2022 U.S. congressional elections
By James Oliphant and Jason Lange WASHINGTON (Reuters) - Control of the U.S. Congress is at stake in this November's midterm elections, along with President Joe Biden's remaining policy agenda. Republ...
May 02, 2022
Wed May 13
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