Stocks fall as Powell says inflation fight not over
By Caroline Valetkevitch NEW YORK (Reuters) – Global stock indexes fell on Wednesday as Federal Reserve Chair Jerome Powell said…
Economy
Intelsat, SES end talks on $10 billion merger – Bloomberg News
(Reuters) – Intelsat SA has ended negotiations to combine with SES SA as it was not able to reach an…
Atlanta Fed’s Bostic: Rates should stay steady from here
By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve should not raise interest rates further or it would risk “needlessly”…
Dollar dips as Powell testimony disappoints hawks
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar fell against a basket of currencies on Wednesday after Federal…
Fed nominees stress importance of inflation, job mandates in Senate hearing
By Michael S. Derby (Reuters) – Two Federal Reserve officials and a labor economist who aspires to join their ranks…
Mastercard launches global plan to recycle credit cards
By Simon Jessop LONDON (Reuters) – Payments company Mastercard on Wednesday launched a global project to recycle credit and debit…
Grupo Mexico defends legality of San Martin mine operations after U.S. labor complaint
By Daina Beth Solomon MEXICO CITY (Reuters) – Grupo Mexico said Wednesday it legally resumed operations at its San Martin…
Bank of Canada to gauge need for further hikes based on data -minutes
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada agreed that the need for further rate hikes…
Uber to lay off 200 employees in recruitment division
(Reuters) – Uber Technologies said on Wednesday it was cutting 200 jobs in its recruitment division amid plans to keep…
Belgian PM, foreign minister quizzed in parliament in Iran visa scandal
By Charlotte Van Campenhout BRUSSELS (Reuters) – Belgian Prime Minister Alexander De Croo and Foreign Minister Hadja Lahbib were quizzed…