Exclusive-Fed’s Daly: March Liftoff Is ‘quite Reasonable’
By Ann Saphir (Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Thursday said that with high inflation…
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Mexican President Urges Investors To ‘Mexicanize’ Citi Asset Sale
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador on Thursday urged domestic investors to snap up the consumer…
Analysis-U.S. Energy Shares On Fire Again To Start 2022, Stoked By Inflation
By Lewis Krauskopf NEW YORK (Reuters) – Shares of U.S. energy companies are soaring in the early days of 2022,…
Microsoft Invests $50 Million In Alcohol-to-jet Fuel Biorefinery
By Laura Sanicola (Reuters) – Microsoft is investing $50 million in a LanzaJet facility in Georgia that will produce jet…
Delta Air Sees A Fast Recovery From Omicron Turbulence
By Rajesh Kumar Singh CHICAGO (Reuters) – Delta Air Lines Inc on Thursday reported higher quarterly earnings on the back…
Fed’s Brainard Nods To March Rate Hike As Calls For Action Grow
By Lindsay Dunsmuir and Ann Saphir (Reuters) – As continued high inflation eats further into Americans’ pocketbooks, Federal Reserve Governor…
Gap Taps NFT Craze By Taking Classic Hoodies Digital
(Reuters) – Gap Inc on Thursday launched non-fungible tokens (NFTs) of its iconic hoodies, sending the apparel maker’s shares about…
Stocks Slip, Bonds Steady After Inflation Palpitations
By Koh Gui Qing NEW YORK (Reuters) – Nervous global stock markets floundered on Thursday as bond yields steadied and…
Inditex Founder Amancio Ortega Buys Toronto Skyscaper For $916 Million
MADRID (Reuters) – Spanish billionaire and Zara founder Amancio Ortega has agreed to buy a landmark Canadian skyscraper for around…
General Motors Taps Three Qualcomm Chips To Power Its Ultra Cruise Feature
(This Jan 6. story corrects second paragraph to reflect that Ultra Cruise will work for 95% of driving scenarios, not…