WASHINGTON (Reuters) – After U.S. Treasury Secretary Janet Yellen called China a “barrier” to debt reform in Africa this week,…
J&J expects inflation, China COVID hit to carry into 2023
By Bhanvi Satija and Manas Mishra (Reuters) – Johnson & Johnson on Tuesday said it sees the impact from high…
Insurer Travelers profit falls on winter storm costs
(Reuters) – Property and casualty insurer Travelers Companies Inc reported a 37% fall in quarterly profit on Tuesday, hurt by…
Exclusive-Blackstone in talks with Bain to sell $480 million stake in top Indian REIT-sources
By Sriram Mani MUMBAI (Reuters) – Blackstone is in talks to sell around half of its stake in India’s largest…
U.S. oil & gas M&A hit 17-year low; big firms dominate deals-report
By Liz Hampton (Reuters) – U.S. oil and gas deal-making declined by 13% last year to $58 billion compared to…
U.S. mattress maker Serta Simmons files for bankruptcy protection
By Jonathan Stempel (Reuters) – Serta Simmons Bedding LLC, which accounts for nearly one-fifth of U.S. bedding sales, has filed…
New York pension seek stricter climate emissions rules from bank portfolios
By Ross Kerber (Reuters) – Shareholder resolutions filed by New York City’s top pension official will ask top Wall Street…
Exclusive-Binance moved $346 million for seized crypto exchange Bitzlato, data show
By Tom Wilson and Angus Berwick LONDON (Reuters) -Crypto giant Binance processed almost $346 million in bitcoin for the Bitzlato…
Mexico early-January prices exceed market forecasts, rate hikes expected
By Brendan O’Boyle and Gabriel Araujo MEXICO CITY (Reuters) -Mexico’s headline inflation accelerated and exceeded expectations in early January, data…
U.S. Treasury activates another maneuver to avoid breaching debt limit
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen activated another extraordinary cash management measure on Tuesday to…