Yellen Says U.S. State, Local Aid Strengthened Cities’ COVID Responses
By David Lawder WASHINGTON (Reuters) – The $350 billion in coronavirus relief funds for state and local governments has allowed…
Headlines
Canada Puts On Hold Contracts With Malaysia Glove Maker Supermax
(This November 14 story corrects headline, paragraph 1 to say contracts put on hold, not paused imports) KUALA LUMPUR (Reuters)…
Asia Shares Drop As Treasury Yields Hit Fresh Highs
By Daniel Leussink TOKYO (Reuters) – Asia’s share markets struggled on Wednesday as U.S. Treasury yields hit fresh two-year highs…
Oil Rises To 7-year High As Turkey Outage Adds To Tight Supply Outlook
By Sonali Paul MELBOURNE (Reuters) – Oil prices rose for a fourth day to a seven-year high as an outage…
Microsoft To Gobble Up Activision In $69 Billion Metaverse Bet
By Subrat Patnaik and Supantha Mukherjee (Reuters) – Microsoft Corp is buying “Call of Duty” maker Activision Blizzard for $68.7…
Airlines Scramble To Rejig Schedules Amid U.S. 5G Rollout Concerns
By Tim Hepher and David Shepardson (Reuters) -Major international airlines rushed on Tuesday to rejig or cancel flights to the…
Sony Shares Untraded With A Glut Of Sell Orders On Microsoft Gaming Push
TOKYO (Reuters) – Shares in Japan’s Sony Group were untraded with a glut of sell orders on Wednesday after gaming…
Ford Records $8.2 Billion Fourth-quarter Gain From Rivian Investment
(Reuters) -Ford Motor Co said on Tuesday its fourth-quarter results would include an $8.2 billion gain on its investment in…
AT&T, Verizon Pause 5G Rollout Near U.S Airports To Avoid Flight Disruptions
By David Shepardson WASHINGTON (Reuters) – AT&T and Verizon Communications on Tuesday agreed to temporarily defer turning on some wireless…
Australia’s Lynas Posts Record Revenue On Strong Demand For Rare Earths
(Reuters) -Australia’s Lynas Rare Earths Ltd posted record second-quarter revenue on Wednesday, as demand for metals used in electric vehicles…