Fed Finally Moves Against Inflation With Rate Hike
NEW YORK (Reuters) – The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point and…
Deutsche Bank Hires Tech Dealmaker Tej Shah From Macquarie
(Reuters) – Deutsche Bank AG has named senior Macquarie Capital executive Tej Shah as a managing director, according to an…
About 60 Amazon workers stage walkouts over pay, break times
More than 60 workers across three Amazon delivery stations staged a walkout on Wednesday to demand a $3 raise and…
Citigroup To Cover Travel Expenses For Abortions As U.S. States Curb Access
(Reuters) -Citigroup Inc has started covering travel expenses for employees who go out of state for abortions because of newly…
Fed begins inflation fight with key rate hike, more to come
WASHINGTON (AP) — The Federal Reserve launched a high-risk effort Wednesday to tame the worst inflation since the early 1980s,…
Amazon To Divert Freight As Some Chinese Cities Go Under Lockdown
(Reuters) -Amazon.com Inc said it would counter any disruptions due to the lockdowns in Chinese cities by diverting freight to…
BMW To Prioritise EVs Amid Ukraine Crisis, Chip Troubles
By Victoria Waldersee and Christina Amann BERLIN (Reuters) -BMW cut its car division’s 2022 profit margin forecast on Wednesday and…
Sri Lankan leader seeks IMF help as economic crisis deepens
COLOMBO, Sri Lanka (AP) — Sri Lanka’s president said Wednesday that his government was in discussions with the International Monetary…
BMW, VW warn of shortages from part suppliers in Ukraine
LONDON (AP) — BMW and Volkswagen warned this week that Russia’s invasion of Ukraine is causing shortages of some vital…
Wall Street Surges On Ukraine Peace Talks As Fed Decision Eyed
By Devik Jain and Bansari Mayur Kamdar (Reuters) -Wall Street’s main indexes jumped on Wednesday, propelled by technology and financial…