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January 18, 2022
Yellen Says U.S. State, Local Aid Strengthened Cities’ COVID Responses
By David Lawder WASHINGTON (Reuters) – The $350 billion in coronavirus relief funds for state and local governments has allowed…
Canada Puts On Hold Contracts With Malaysia Glove Maker Supermax
(This November 14 story corrects headline, paragraph 1 to say contracts put on hold, not paused imports) KUALA LUMPUR (Reuters)…
Asia Shares Drop As Treasury Yields Hit Fresh Highs
By Daniel Leussink TOKYO (Reuters) – Asia’s share markets struggled on Wednesday as U.S. Treasury yields hit fresh two-year highs…
Oil Rises To 7-year High As Turkey Outage Adds To Tight Supply Outlook
By Sonali Paul MELBOURNE (Reuters) – Oil prices rose for a fourth day to a seven-year high as an outage…
Microsoft To Gobble Up Activision In $69 Billion Metaverse Bet
By Subrat Patnaik and Supantha Mukherjee (Reuters) – Microsoft Corp is buying “Call of Duty” maker Activision Blizzard for $68.7…
Airlines Scramble To Rejig Schedules Amid U.S. 5G Rollout Concerns
By Tim Hepher and David Shepardson (Reuters) -Major international airlines rushed on Tuesday to rejig or cancel flights to the…
Sony Shares Untraded With A Glut Of Sell Orders On Microsoft Gaming Push
TOKYO (Reuters) – Shares in Japan’s Sony Group were untraded with a glut of sell orders on Wednesday after gaming…
Ford Records $8.2 Billion Fourth-quarter Gain From Rivian Investment
(Reuters) -Ford Motor Co said on Tuesday its fourth-quarter results would include an $8.2 billion gain on its investment in…
AT&T, Verizon Pause 5G Rollout Near U.S Airports To Avoid Flight Disruptions
By David Shepardson WASHINGTON (Reuters) – AT&T and Verizon Communications on Tuesday agreed to temporarily defer turning on some wireless…
Australia’s Lynas Posts Record Revenue On Strong Demand For Rare Earths
(Reuters) -Australia’s Lynas Rare Earths Ltd posted record second-quarter revenue on Wednesday, as demand for metals used in electric vehicles…