As Costs Soar, Some Japanese Companies Do The Unthinkable: Raise Prices
By Kantaro Komiya TOKYO (Reuters) – Premium telescopes, violin bows and speciality paper are bucking a deflationary trend that has…
January 11, 2022
Citi To Exit Mexican Consumer Banking Business In Strategy Revamp
By David Henry NEW YORK (Reuters) -Citigroup Inc will exit its Citibanamex consumer banking business in Mexico, ending a two-decade-long…
Oil Jumps Nearly 4% As Omicron Impact Seen As Short-lived
By Arathy Somasekhar (Reuters) – Oil soared nearly 4% on Tuesday, supported by tight supply and expectations that rising coronavirus…
U.S. Stocks Bounce, Investors Digest News Of 2022 Rate Hikes
By Koh Gui Qing NEW YORK (Reuters) – U.S. stocks bounced and Treasury yields retreated on Tuesday in choppy trade…
Wall Street Closes Higher After Powell Testimony Eases Investors’ Concerns
By Sinéad Carew (Reuters) – U.S. stock indexes gained ground on Tuesday with Nasdaq leading the advance as investors appeared…
U.S. New Vehicle Prices Hit Record High In December – Kelley Blue Book
(Reuters) – The average transaction price of new vehicles in the United States shot up nearly 14% in December from…
Kroger’s King Soopers Sweetens Offer Ahead Of Union Strike
(Reuters) – Kroger’s King Soopers sweetened its offer to workers to $170 million, a day before workers have threatened to…
ARK’s Wood Turns Focus To Deflation, ‘stay Connected’ Stocks
By David Randall NEW YORK (Reuters) – Star stock picker Cathie Wood of ARK Invest doubled down on her bet…
Omicron Surge Puts The Brakes On Recovery Of U.S. Companies
By Uday Sampath Kumar and Praveen Paramasivam (Reuters) – U.S. companies ranging from American Eagle to United Airlines are set…
KKR’s Bid Target TIM Close To Decision On New CEO, Sources Say
By Elvira Pollina MILAN (Reuters) -Telecom Italia (TIM) is moving closer to appointing a new chief executive, with General Manager…