Category Archives:
U.S. crude stocks surge on strategic reserve release
By David Gaffen (Reuters) - U.S. crude stocks surged by more than 9 million barrels, in part due to releases from the nation's strategic reserves, while gasoline and distillate inventories fell last w...
Apr 13, 2022
Russian cenbank warns consumer inflation will accelerate further
(Reuters) - Consumer inflation in Russia will keep on accelerating in annual terms due to base effects, the central bank said on Wednesday, warning that rouble volatility will continue, leading to ups...
Apr 13, 2022
Activist investor Blackwells criticizes new Peloton CEO, urges sale
By Svea Herbst-Bayliss BOSTON (Reuters) - The activist investor that pushed to oust Peloton Interactive Inc's co-founder and leader in January is now criticizing its new chief executive officer, argui...
Apr 13, 2022
‘Long time, if ever’ before dollar replaced as key global currency – Yellen
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen said it would be "a long time, if ever" before the U.S. dollar was replaced as the key reserve currency in the global economy. The dollar's ...
Apr 13, 2022
Benetton, Blackstone put finishing touches to bid valuing Atlantia at $50 billion
By Stephen Jewkes and Francesca Landini MILAN (Reuters) - The Benetton family and investment fund Blackstone are talking to banks to put the final touches to a bid for Italy's Atlantia, sources said o...
Apr 13, 2022
Outlook for Afghan economy ‘dire’ as household incomes shrink – World Bank
(Reuters) - The outlook for Afghanistan's economy is dire with per capita income having fallen by over a third in the last four months of 2021 after the Islamist Taliban seized power and foreign force...
Apr 13, 2022
Stellantis confirms 2022 margin guidance, sees strong U.S. sales
(Reuters) - Carmaker Stellantis on Wednesday confirmed its forecast for double-digit operating income margin for 2022 and said its expected sales in North America, especially in its highly profitable ...
Apr 13, 2022
US group says finds Facebook posts offering endangered wildlife for sale
SHANGHAI (Reuters) - Facebook has become a "thriving marketplace" for illegal online wildlife trading, allowing the sale of many critically endangered species, a report by the U.S.-based campaign grou...
Apr 13, 2022
Texas trucker border inspections disrupting supply chain, raising prices -White House
(Reuters) - Texas Governor Greg Abbott's truck inspection policies at the Mexico border are disrupting supply chains and leading to higher prices for goods, the White House said on Wednesday. "Governo...
Apr 13, 2022
Blackrock sees opportunity for three new renewable energy funds
SAO PAULO (Reuters) - Blackrock Inc's CEO Larry Fink said on Wednesday the world's biggest asset manager forecasts the launch of three infrastructure funds focused on renewable energy, as the war in U...
Apr 13, 2022
Peoria, IL, USA
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