Lego To Invest Over $1 Billion In U.S. Brick Plant
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Toymaker Lego on Wednesday said it will invest more than $1 billion in a…
June 2022
France’s Le Maire: “We Are In The Middle Of An Inflation Peak”
PARIS (Reuters) – French Finance Minister Bruno Le Maire said on Wednesday that the euro zone was “in the middle…
Bitcoin Sinks To Fresh 18-month Low As Crypto Meltdown Deepens
By Tom Wilson and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) -Bitcoin slumped on Wednesday to a new 18-month low, dragging smaller…
Exclusive: Aramco Trading Plans To Absorb Motiva Trading Ahead Of Possible IPO
By Julia Payne LONDON (Reuters) – Saudi Aramco is planning to merge two energy trading units, people familiar with the…
Volkswagen-led Consortium Obtains 87.38% Of Europcar Shares In Takeover Bid
BERLIN (Reuters) – Volkswagen-led consortium Green Mobility Holdings has acquired 87.38% of France’s Europcar, enough to give it control over…
Fed attacks inflation with its largest rate hike since 1994
WASHINGTON (AP) — The Federal Reserve intensified its fight against high inflation on Wednesday, raising its key interest rate by…
Growth Stocks Lift Wall Street Ahead Of Fed’s Rate Decision
By Anisha Sircar and Devik Jain (Reuters) – Wall Street’s main indexes climbed more than 1% on Wednesday, boosted by…
ECB Promises New Instrument To Support Indebted Members
By Balazs Koranyi and Francesco Canepa FRANKFURT/MILAN (Reuters) -The European Central Bank promised fresh support and a new scheme on…
Russia again cuts natural gas exports thru European pipeline
BERLIN (AP) — Russia’s Gazprom announced a reduction in natural gas flows through a key European pipeline for the second…
U.S. Import Prices Increase Solidly In May
WASHINGTON (Reuters) – U.S. import prices increased solidly in May amid higher prices for petroleum products, but there were tentative…