Dollar Swoons As Powell Soothes Policy Fears; CPI Test Looms
By Kevin Buckland TOKYO (Reuters) – The dollar slid to its weakest since mid-November against major peers on Wednesday, after…
2022
Citi To Exit Mexican Consumer Business As Part Of Strategy Revamp
By David Henry NEW YORK (Reuters) – Citigroup Inc will exit its Citibanamex consumer banking business in Mexico, the bank…
Japan Business Mood Sours On Higher Costs, BOJ Sticks To Recovery View
By Daniel Leussink and Leika Kihara TOKYO (Reuters) -Japanese manufacturers turned less positive about their business conditions in January, a…
U.S. Economy Can Withstand Fed Tightening, Omicron Surge, Powell Says
By Howard Schneider and Ann Saphir (Reuters) -Federal Reserve Chair Jerome Powell, in a congressional hearing that pointed to his…
U.S. FTC Delays Vote On Lockheed Purchase Of Aerojet For Two Weeks -sources
By Mike Stone and Diane Bartz WASHINGTON (Reuters) -The U.S. Federal Trade Commission, which assesses mergers to ensure they comply…
Tech Leads Equities’ Rebound As Powell Sticks To Script
By Tom Westbrook SYDNEY (Reuters) – Stocks and commodities rose in relief and the dollar hit a six-week low on…
China’s Factory Prices Rise More Slowly Than Expected In Dec
BEIJING (Reuters) – China’s factory-gate inflation rose more slowly than expected in December as the government took steps to contain…
Aeromexico Says Creditors Approve Its Restructuring Plan
MEXICO CITY (Reuters) -Mexican carrier Aeromexico on Tuesday said its creditors have overwhelmingly approved the company’s restructuring plan as part…
Citi To Exit Mexican Consumer Business As It Pushes Ahead With Strategy Revamp
By David Henry NEW YORK (Reuters) – Citigroup Inc will exit its Citibanamex consumer banking business in Mexico, the bank…
WWE Rival Sues Over Alleged Illegal Wrestling Monopoly
By Jonathan Stempel (Reuters) – World Wrestling Entertainment Inc was sued on Tuesday by a smaller rival that accused it…