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U.S. producer prices increase strongly in February
WASHINGTON (Reuters) - U.S. producer prices rose solidly in February, and further gains are likely amid higher prices of crude oil and other commodities following Russia's war against Ukraine. The pro...
Syndicated Content Mar 15, 2022
American Airlines cuts first-quarter capacity forecast as oil prices surge
(Reuters) - American Airlines Group Inc cut its current-quarter capacity forecast on Tuesday, as airlines grapple with high fuel prices due to the Russia-Ukraine war. (Reporting by Abhijith Ganapavara...
Syndicated Content Mar 15, 2022
London Stock Exchange to enter market for private company financing
By Huw Jones LONDON (Reuters) - The London Stock Exchange Group (LSEG) said on Tuesday it had teamed up with digital private asset platform Floww to enter the market for unlisted companies that want t...
Syndicated Content Mar 15, 2022
Democratic SEC Commissioner Lee to leave agency after term ends in June
By Katanga Johnson WASHINGTON (Reuters) -U.S. Securities and Exchange Commission (SEC) Democratic Commissioner Allison Lee plans to leave the agency after her term ends in June, the agency said in a s...
Syndicated Content Mar 15, 2022
Canada housing starts rise 8% in February
OTTAWA (Reuters) - Canadian housing starts rose 8% in February compared with the previous month on gains in both multiple urban starts and single detached urban starts, data from the national housing ...
Syndicated Content Mar 15, 2022
Theater operator AMC, fund manager Eric Sprott to invest $56 million in Hycroft Mining
(Reuters) - AMC Entertainment said on Tuesday it would invest $56 million in gold and silver producer Hycroft Mining Holding Corp along with Canadian fund manager Eric Sprott, a move the theater opera...
Syndicated Content Mar 15, 2022
India’s Zomato and Blinkit reach merger agreement – TechCrunch
BENGALURU (Reuters) - Indian food-delivery firm Zomato Ltd has reached an all-stock merger with Blinkit that values the instant-delivery service between $700 million and $750 million, TechCrunch repor...
Syndicated Content Mar 15, 2022
Gazprom says gas exports outside ex-Soviet Union down 28.5% y/y so far in 2022
(Reuters) - Russian energy giant Gazprom said on Tuesday that natural gas exports outside former Soviet Union countries fell by 28.5% year on year to 30.7 billion cubic metres (bcm) in the period from...
Syndicated Content Mar 15, 2022
Wall Street-backed MEMX to launch options exchange
By John McCrank NEW YORK (Reuters) - Members Exchange (MEMX), the fastest growing U.S. stock exchange, said on Tuesday it plans to launch an options exchange in the fourth quarter, pending regulatory ...
Syndicated Content Mar 15, 2022
U.S. consumers to spend record $1 trillion online in 2022 – report
(Reuters) - U.S. consumer spending on e-commerce is expected to hit a record $1 trillion this year thanks to the pandemic-driven shift to online shopping, a report from Adobe Analytics showed on Tuesd...
Syndicated Content Mar 15, 2022
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