Deutsche Bank Makes Biggest Annual Profit In A Decade
By Tom Sims and Frank Siebelt FRANKFURT (Reuters) -Deutsche Bank capped its most profitable year in a decade on the…
January 2022
Oil Falls As Looming U.S. Rate Hikes Spook Investors
BEIJING (Reuters) -Oil prices fell on Thursday as the U.S. dollar strengthened following signs that the Federal Reserve will tighten…
Spirits Maker Diageo Posts 16% Rise In First-half Sales
LONDON (Reuters) – Diageo, the maker of Johnnie Walker whisky and Tanqueray gin, on Thursday said that first-half sales rose…
Facebook’s Cryptocurrency Venture To Wind Down And Sell Tech Assets – WSJ
(Reuters) – Meta Platforms Inc’s digital currency venture Diem Association is winding down and selling its technology to California-based Silvergate…
Deutsche Bank Nearly Triples Q4 Profit, Defying Expected Loss
FRANKFURT (Reuters) -Deutsche Bank nearly tripled its fourth-quarter profit, defying expectations for a loss, as revenues at the investment bank…
Asian stocks mixed after Wall Street sinks for third day
BEIJING (AP) — Asian stock markets were mixed Friday as traders looked ahead to data on U.S. employment costs that…
China Property Shares Slump As Planned U.S. Rate Hike Adds To Woes
By Clare Jim HONG KONG (Reuters) -China Evergrande Group shares slumped on Thursday after the developer’s thinly detailed roadmap for…
North Carolina chosen for supersonic passenger jet plant
RALEIGH, N.C. (AP) — A Colorado-based aviation company announced Wednesday that it has chosen a North Carolina airport as the…
U.S. Crop Insurance Payouts Rise Sharply As Climate Change Worsens Droughts, Floods
By Leah Douglas (Reuters) – Insurance payments to U.S. farmers for crops lost to droughts and flooding have risen more…
U.S. Yields Rise, Asian Shares Slump As Powell Warns On Inflation
By Andrew Galbraith SHANGHAI (Reuters) – Asian shares tumbled to their lowest in nearly 15 months, short-term U.S. yields rose…