Fed Not Gunning For Stocks, But May Need To For Inflation To Fall
WASHINGTON (Reuters) -The Federal Reserve is not targeting equity markets in its battle against inflation, but that is “one of…
Dollar Drops As Yen, Swiss Franc Draw Safe-haven Flows
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar slipped across the board on Thursday, falling to a 2-week low,…
ExxonMobil To Sell Barnett Shale Assets For $750 Million
(Reuters) – ExxonMobil Corp said on Thursday it had signed a deal to sell its Barnett Shale assets to units…
Tesla Investor Calls For Share Buyback After Musk’s Twitter Deal Hurts Stocks
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Leo KoGuan, a major individual investor in Tesla, on Thursday called on the…
EXPLAINER: ESG investing and the debate surrounding it
NEW YORK (AP) — Here’s the latest sign ESG investing is now mainstream after starting as a niche corner of…
Lufthansa CEO Says Boeing ‘will Get Back To Its Feet’
By David Shepardson WASHINGTON (Reuters) -Lufthansa Chief Executive Carsten Spohr said on Thursday the German airline strongly backs U.S. airplane…
Russia’s Sberbank Divests Some Non-core Assets
(Reuters) – Russia’s largest lender Sberbank has ceased to be a shareholder in some non-financial assets, the company said on…
Fed nominee Michael Barr calls inflation ‘far too high’
WASHINGTON (AP) — President Joe Biden’s pick to be the Federal Reserve’s top banking regulator pledged Thursday to help reduce…
WhatsApp To Launch Cloud API, Premium Features To Attract Businesses
By Elizabeth Culliford and Katie Paul (Reuters) – WhatsApp is introducing free cloud-based API services in a push to get…
Exclusive-Bell, Telus Lobby Canada To Stop Sale Of Shaw’s Wireless Business To Quebecor -sources
By Divya Rajagopal and David Ljunggren TORONTO (Reuters) – The Canadian federal government and competition bureau should block Quebecor from…