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OPEC+ output hike gamble pays off as oil prices recover
By Alex Lawler LONDON (Reuters) - The gamble taken by OPEC and its allies, under pressure from top oil consumer the United States, to raise oil output in January despite its own forecasts of oversuppl...
Syndicated Content Dec 09, 2021
Major U.S. retailers urge action by Congress on online sellers
WASHINGTON (Reuters) - The chief executives of major U.S. retailers including Target, Home Depot, Kroger, CVS Health, Autozone and Best Buy on Thursday urged Congress to take action to address some an...
Syndicated Content Dec 09, 2021
General Motors sets rare earth magnet supply deals with two U.S. suppliers
(Reuters) - General Motors Co said it will source rare earth magnets for its future electric vehicles from U.S.-based manufacturing facilities under two separate deals announced Thursday. The company ...
Syndicated Content Dec 09, 2021
Volkswagen prepares battery division for capital markets – CEO
FRANKFURT (Reuters) - Volkswagen is readying its battery unit for a partial sale or listing and has agreed to convert it into a so-called European company, or Societas Europaea, to provide the conditi...
Syndicated Content Dec 09, 2021
Ukraine raises rate to 9% as inflation and Russia conflict risks weigh
By Natalia Zinets KYIV (Reuters) - Ukraine's central bank raised its main interest rate to 9% from 8.5% on Thursday and stood ready to tighten monetary policy again as it warned about the risk of a mi...
Syndicated Content Dec 09, 2021
Virginia Republican governor-elect pledges to remove state from regional carbon market
WASHINGTON (Reuters) - Virginia's Republican Governor-elect Glenn Youngkin this week pledged to remove the state from a regional cap and trade carbon market using "executive action." Virginia passed a...
Syndicated Content Dec 09, 2021
Exclusive: Activist investor Macellum prepares Kohl’s board challenge -sources
By Svea Herbst-Bayliss NEW YORK (Reuters) - Activist hedge fund Macellum Advisors GP LLC is planning to nominate directors to Kohl's Corp's board because it believes the U.S. retailer has not done eno...
Syndicated Content Dec 09, 2021
Analysis-Flawed market reform leaves energy consumers with less choice
By Susanna Twidale and Nina Chestney LONDON (Reuters) - High gas and power prices have driven energy retailers to the wall in many countries in a blow to market liberalisation efforts, leaving consume...
Syndicated Content Dec 09, 2021
Coatue, Tiger Global buy $100M of talent network Braintrust’s tokens
By Jane Lanhee Lee OAKLAND, Calif (Reuters) - Investors including Coatue Management and Tiger Global Management bought $100 million worth of tokens by Braintrust, a talent network built using blockcha...
Syndicated Content Dec 09, 2021
Germany must build fiscal reserves for next crisis – Scholz
By Christian Kraemer and Michael Nienaber BERLIN (Reuters) - Fighting the coronavirus pandemic is the biggest challenge for Germany's new government and Berlin must create fiscal reserves now to be pr...
Syndicated Content Dec 09, 2021
Peoria, IL, USA
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