Fed Nominee Cook May Get Senate Consideration Later Tuesday
(Reuters) – U.S. Senate leader Chuck Schumer is expected to call on Tuesday for a procedural vote on Federal Reserve…
Reuters
Exclusive-Citi To Overhaul London Trading Team Linked To ‘flash Crash’ -sources
By Sinead Cruise LONDON (Reuters) -Citigroup is overhauling the leadership of one of the teams linked to a ‘flash crash’…
Fraport To Compensate Rising Inflation With Price Hikes
FRANKFURT (Reuters) – Germany’s largest airport operator Fraport said on Tuesday it expects to be able to compensate for rising…
Fed’s Barkin Says Central Bank Can Tweak Path Once Its Gets To Neutral Rate
(Reuters) – The U.S. Federal Reserve can assess how much more it needs to do to bring inflation back down…
Oil Drops As Economic Worries, Strong Dollar Weigh
By Rowena Edwards LONDON (Reuters) – Oil prices fell in volatile trade on Tuesday as the market balanced impending European…
China Eastern Airlines To Raise Up To $2.2 Billion Through A-Share Sale
HONG KONG (Reuters) – China Eastern Airlines Corp plans to raise up to 15 billion yuan ($2.23 billion) in a…
Commodity Currencies Bounce Back But Sentiment Remains Fragile
By Joice Alves LONDON (Reuters) – Commodity currencies Norwegian crown and the Australian dollar recovered some ground on Tuesday after…
Swedish Match Shares Jump To Record High On Philip Morris Takeover Move
By Anna Ringstrom and Marie Mannes STOCKHOLM (Reuters) -Shares in Swedish Match soared on Tuesday after U.S. rival Philip Morris…
Automotive Industry Faces Long Term Battery, Raw Material Supply Issues, Tavares Says
MILAN (Reuters) – The automotive industry faces a shortage of batteries and raw materials in the coming years as part…
U.S. Producers Undo Years Of Efficiency Gains In Fight For Supplies
By Timothy Aeppel (Reuters) – U.S. manufacturers are finding that their main weapon to fight supply chain snarls is greater…