Analysis-Citi’s Banamex Unit Could Receive Bids From Mexico Moguls, Global Banks
By Kylie Madry, Valentine Hilaire and Carolina Pulice MEXICO CITY (Reuters) – After Citigroup Inc on Tuesday announced plans to…
Headlines
U.S. Companies Saw Modest Growth In Late 2021, Fed Survey Shows
(Reuters) – The U.S. economy expanded at a modest pace through the end of last year, with American firms saying…
Strong Rise In U.S. Consumer Prices Gives Fed Little Respite
By Howard Schneider WASHINGTON (Reuters) – U.S. consumer inflation running at levels not seen in more than a generation will…
U.S. Consumer Inflation Soars To New 40-year High
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices increased solidly in December as rental accommodation and used cars maintained…
Oil Rally To Continue In 2022 As Demand Outstrips Supply, Analysts Say
By Bozorgmehr Sharafedin LONDON (Reuters) – Oil prices that rallied 50% in 2021 will power further ahead this year, some…
Exclusive-Tereos To Exit Malt Market, Eyes Romanian Sugar Unit Closure
PARIS (Reuters) – Tereos, the French sugar and ethanol group, has sealed an agreement with grain cooperative Axereal to sell…
Insurer Zurich Could Exceed 2022 Financial Targets, Says CEO
LONDON (Reuters) – Zurich Insurance could exceed its targets for the 2022 financial year as the business has performed well…
Ventilator Recall And Profit Warning Double Whammy Slam Philips
By Bart H. Meijer AMSTERDAM (Reuters) – Shares in Philips plunged 15% on Wednesday, their worst intra-day drop in over…
U.S.-EU Trade, Technology Body To Meet In Europe In 2022-Tai
WASHINGTON (Reuters) – The new U.S.-European Union Trade and Technology Council, a body formed to help patch up strained transatlantic…
Workers At Nearly 80 Kroger’s King Soopers Go On Strike As Talks Stall
By Siddharth Cavale and Praveen Paramasivam (Reuters) -More than 8,000 workers at nearly 80 King Soopers stores went on strike…