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Barrick Gold announces $1 billion buyback, posts higher profit
(Reuters) -Miner Barrick Gold Corp, on Wednesday reported a 6% rise in fourth-quarter profit and announced a share repurchase of up to $1 billion. The miner also declared a dividend of 10 cents per sh...
Syndicated Content Feb 16, 2022
ECB warns about vulnerable property market in euro zone
FRANKFURT (Reuters) - The property market is a "key vulnerability" for euro zone banks as the rise of remote working since the pandemic dents demand for offices and households take on more debt to buy...
Syndicated Content Feb 16, 2022
Hilton revenue more than doubles as vaccinations, holiday travel boost hotel occupancy
(Reuters) - Hilton Worldwide Holdings Inc posted a 106% rise in fourth-quarter revenue on Wednesday, as higher vaccination rates and a rebound in travel demand during the holiday period boosted occupa...
Syndicated Content Feb 16, 2022
Oath Keepers founder to seek release from jail ahead of U.S. sedition trial
By Sarah N. Lynch WASHINGTON (Reuters) - Right-wing Oath Keepers militia founder Stewart Rhodes will ask a U.S. judge on Wednesday to release him from jail as he awaits trial on a charge of seditious ...
Syndicated Content Feb 16, 2022
Fed minutes likely to provide details on rate hikes, balance sheet reduction
By Howard Schneider WASHINGTON (Reuters) - The release on Wednesday of the minutes of the Federal Reserve's last policy meeting is likely to shed light on the U.S. central bank's plans to trim its mas...
Syndicated Content Feb 16, 2022
Q&A: The White House eyes company profits in inflation battle
WASHINGTON (Reuters) - U.S. President Joe Biden ordered his administration last year to boost the domestic economy by cracking down on what it sees as a lack of competition in sectors from agriculture...
Syndicated Content Feb 16, 2022
Private prison company to test U.S. house arrest program for immigrants
By Ted Hesson and Mica Rosenberg WASHINGTON (Reuters) - A private prison company will run a new U.S. pilot program that would place hundreds of migrants caught crossing the U.S.-Mexico border under ho...
Syndicated Content Feb 16, 2022
Tight supplies lift Mideast and Russian crude grades to multi-year highs
By Florence Tan SINGAPORE (Reuters) -Middle East benchmark Dubai crude soared to a record this week while spot premiums for April-loading Russian oil jumped to their highest in more than two years in ...
Syndicated Content Feb 16, 2022
Analysis-‘Flying taxi’ dream faces hurdles before lift-off
By Chen Lin, Gerry Doyle and Jamie Freed SINGAPORE (Reuters) - Vertical Aerospace and Embraer's Eve have gained more customers for their Jetsons-like visions for urban air mobility at the Singapore Ai...
Syndicated Content Feb 16, 2022
Ukraine’s Metinvest to invest $1 billion in new production facilities in 2022
KYIV (Reuters) - Ukraine's largest steelmaker Metinvest BV plans to invest $1 billion this year in modernisation and new production facilities, majority owner Rinat Akhmetov said on Wednesday. "We wil...
Syndicated Content Feb 16, 2022
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