Oil Rises On Supply Tightness Despite “constructive” Ukraine-Russia Talks
By Sonali Paul MELBOURNE (Reuters) – Oil prices climbed on Wednesday, erasing losses from the previous session, on hopes of…
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Facebook Advertisers Can Pursue Class Action Over Ad Rates
(Reuters) – A U.S. judge ruled on Tuesday that a lawsuit accusing Meta Platforms Inc’s Facebook of deceiving advertisers about…
U.S. Prosecutors Cast Doubt On Ex-Goldman Banker’s Wife Testimony At 1MDB Trial
By Luc Cohen NEW YORK (Reuters) – U.S. prosecutors on Tuesday sought to cast doubt on the testimony of the…
Lululemon Forecasts Strong 2022, Plans Selective Price Hikes
By Ananya Mariam Rajesh (Reuters) -Lululemon Athletica on Tuesday forecast full-year profit and revenue above estimates as demand for athletic…
No Current Talks With Tesla About Potential Union Vote -UAW President
By Joseph White and David Shepardson (Reuters) – United Auto Workers (UAW) President Ray Curry said on Tuesday he has…
EXPLAINER: Why bond yields may be warning of a recession
NEW YORK (AP) — One of the more reliable warning signals for an economic recession is starting to shine. The…
Outgoing CEO Luna Says Petrobras Has No Place For ‘adventurers’
(Reuters) – Petrobras has a strong governance and there is no room for “adventurers” within the firm, said outgoing Chief…
WeWork Names Top Boss Mathrani As Chairman
(Reuters) – Flexible workspace provider WeWork Inc on Tuesday named Chief Executive Officer Sandeep Mathrani as chairman and said SoftBank…
Lululemon Forecasts Strong Full-year Revenue
(Reuters) – Lululemon Athletica forecast full-year revenue above analysts’ estimates on Tuesday, signaling demand for athletic wear would remain consistent…
Russian Supply Chains Next In Line For Sanctions – U.S. Treasury’s Adeyemo
By David Lawder and Kate Holton LONDON/WASHINGTON (Reuters) -The United States and its allies plan new sanctions on more sectors…