Oil Prices Hit 7-year Highs; Mideast Unrest Stokes Supply Jitters
By Stephanie Kelly NEW YORK (Reuters) -Oil prices on Tuesday climbed to their highest since 2014 as possible supply disruption…
January 18, 2022
Biden Administration In Talks To Head Off 5G Aviation Standoff
WASHINGTON (Reuters) – The Biden administration is “actively engaged” with wireless carriers, airlines, airplane manufacturers and key federal agencies to…
VW, Bosch Plan Joint Venture To Equip Gigafactories – Report
(Reuters) – Volkswagen and autos supplier Bosch are planning to form a joint venture to build the machinery to equip…
Microsoft To Buy ‘Call Of Duty’ Maker For $68.7 Billion In Gaming Push
By Subrat Patnaik (Reuters) – Microsoft Corp said on Tuesday it was acquiring “Call of Duty” videogame maker Activision Blizzard…
Holiday Inn Owner Names First Female Chair
By Priyanshi Mandhan (Reuters) -IHG said on Tuesday finance industry veteran Deanna Oppenheimer will become the Holiday Inn-owner’s first female…
World Tourism Inched Back In 2021, Still A Fraction Of Pre-pandemic Levels
MADRID (Reuters) – The world tourism industry barely improved last year compared to 2020, with all indicators staying way below…
Nasdaq Futures Tumble As Rising Yields Spark Tech Rout
By Bansari Mayur Kamdar (Reuters) -Futures tracking the technology-heavy Nasdaq 100 index slumped almost 2% on Tuesday as traders returned…
BlackRock’s Fink Defends As ‘not Woke’ Push To Value More Than Profits
By Akriti Sharma, Ross Kerber and Simon Jessop BOSTON/LONDON (Reuters) -Larry Fink, chief executive of the world’s biggest asset manager…
Activist Investor Macellum Says Kohl’s Should Explore Strategic Alternatives
(Reuters) – Activist hedge fund Macellum Advisors GP LLC said on Tuesday Kohl’s Corp should explore strategic alternatives, including a…
Chocolate-maker Lindt Sees Slower Growth After Bottlenecks Bite
By Silke Koltrowitz ZURICH (Reuters) -Swiss chocolate maker Lindt & Spruengli expects sales of its upmarket chocolates to grow less…