Category Archives:
Heavy slate of U.S. oil refinery overhauls to crimp fuel output
By Laura Sanicola WASHINGTON (Reuters) - U.S. oil refiners plan twice as many refinery overhauls this spring as usual, aiming to resume maintenance delayed by the pandemic and by the lure of record-hi...
Jan 18, 2023
Britain’s Royal Mail begins moving some export parcels after cyber incident
LONDON (Reuters) - Britain's Royal Mail said on Wednesday it had begun moving limited volumes of export parcels as it trials "operational workarounds", after a cyber incident severely disrupted its in...
Jan 18, 2023
Davos 2023: Thirty years on, author Neal Stephenson discusses his metaverse vision with Meta
DAVOS, Switzerland (Reuters) - The author who first envisioned the metaverse 30 years ago sat down on Wednesday with a top executive from the company investing billions in building it and agreed there...
Jan 18, 2023
Fed’s Mester says rates need to rise “a little bit” above 5%
(Reuters) - The Federal Reserve needs to raise interest rates a "little bit" above the 5.00% to 5.25% range in order to bring inflation to heel, Cleveland Fed President Loretta Mester said on Wednesda...
Jan 18, 2023
Crypto company ConsenSys lays off 96 employees – blog
(Reuters) -Blockchain technology company ConsenSys plans to cut 11% of its workforce, or 96 jobs, according to a letter from chief executive officer Joseph Lubin on Wednesday. The job cuts will help r...
Jan 18, 2023
Davos 2023: China recovery could be very quick -IMF’s Gopinath
DAVOS, Switzerland (Reuters) -China could see a sharp recovery in economic growth from the second quarter onwards based on current infection trends after the dismantling of most COVID-19 restrictions,...
Jan 18, 2023
NASA awards $425 million for Boeing fuel-efficient airliner research project
WASHINGTON (Reuters) - NASA said Wednesday it awarded $425 million to Boeing Co for the agency's "Sustainable Flight Demonstrator" project as the Biden administration works to cut aviation sector emis...
Jan 18, 2023
U.S. agency cites Amazon.com for safety hazards
NEW YORK (Reuters) - A U.S. government agency on Wednesday issued citations against three Amazon.com Inc facilities for violations that exposed workers to safety hazards, the U.S. attorney in Manhatta...
Jan 18, 2023
Exclusive-U.S. energy chief warns Republicans that oil bill would raise pump prices
By Nandita Bose and Jarrett Renshaw WASHINGTON (Reuters) - U.S. Energy Secretary Jennifer Granholm warned Republicans in a letter seen by Reuters on Wednesday that limiting President Joe Biden's autho...
Jan 18, 2023
Changing nature of inflation prompts new inequalities, New York Fed says
(Reuters) - Asian American/Pacific Islander (AAPI) households and those with lower incomes have experienced higher inflation over the past few months as a rise in the costs of food and shelter and a f...
Jan 18, 2023
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