(Reuters) – Citigroup said on Friday it has asked vaccinated staff in the New York Tri-State area to prepare for a return to office from Feb. 7, according to a person familiar with the matter. (Reporting by Mehnaz Yasmin in Bengaluru; Editing by Vinay Dwivedi)
By Daniel Wiessner (Reuters) – Amazon.com Inc may soon face claims from a U.S. labor board that it unlawfully fired a vocal union supporter at a New York warehouse in the midst of an organizing campaign. A National Labor Relations Board (NLRB) official in Brooklyn recently found that claims involving the worker, Daequan Smith, had…
By David Shepardson and Jane Lanhee Lee WASHINGTON/SAN FRANCISCO (Reuters) -Intel Corp said on Friday it would invest up to $100 billion to build potentially the world’s largest chip-making complex in Ohio, looking to boost capacity as a global shortage of semiconductors affects everything from smartphones to cars. The move is part of Chief Executive…
By Herbert Lash and Tommy Wilkes NEW YORK/LONDON (Reuters) -Risk aversion dominated markets on Friday as stocks slumped on Wall Street and in Europe, oil prices fell from seven-year highs earlier in the week and bond prices surged with traders scurrying for the relative safety of government debt. Poor subscriber growth reported late Thursday at…
By Julia Love SAN FRANCISCO (Reuters) -A group of employees at an Activision Blizzard studio that works on the “Call of Duty” franchise said on Friday that they had formed a union and would seek voluntary recognition from the company, signaling organized labor’s first foothold at the video game giant. The union, supported by the…
By Scott DiSavino NEW YORK (Reuters) -Oil prices slid for a second day in a row on Friday, pressured by an unexpected rise in U.S. crude and fuel inventories while investors took profits after the benchmarks touched seven-year highs earlier in the week. However, both crude benchmarks rose for a fifth week in a row,…
By Tim Hepher PARIS (Reuters) -Qatar Airways took a $4 million-a-day dispute with Europe’s Airbus to social media on Friday, publishing a video https://www.youtube.com/watch?v=mKN0SpWeILo&feature=youtu.be of the scarred exterior of grounded A350 jets that the airline said underscored “serious and legitimate safety concerns.” The two sides have been locked for months in a spiralling dispute over…
By Scott DiSavino NEW YORK (Reuters) – Oil prices slid for a second day on Friday, pressured by an unexpected rise in U.S. crude and fuel inventories while investors took profits after the benchmarks touched seven-year highs earlier in the week. However, both crude benchmarks were heading for a fifth straight weekly gain, rising over…
LONDON (Reuters) – A potential invasion of Ukraine by neighbouring Russia would be felt across a number of markets, from wheat and energy prices and the region’s sovereign dollar bonds to safe have assets. Below are four charts showing where a potential escalation of tensions could be felt across global markets: 1/SAFE HAVENS Inflation at…
By David Lawder and Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Friday rebranded the Biden administration’s economic agenda as “modern supply side economics” that seeks more labor supply, better infrastructure, education and research to boost potential U.S. growth and ease inflationary pressures. In remarks to a World Economic Forum virtual session, Yellen…
