(Refiles to fix typographical error in quote in paragraph 12) By Rajesh Kumar Singh, David Shepardson and Abhijith Ganapavaram CHICAGO…
UAW seeks quick election to represent Ohio GM-LG battery plant workers
By David Shepardson WASHINGTON (Reuters) – The United Auto Workers (UAW) wants an election next month on representing about 900…
Most Gulf central banks raise interest rates after Fed’s move
DUBAI (Reuters) – Most Gulf states said on Wednesday they would increase their key interest rates after the Federal Reserve…
China vows commitment to growth as investors bet on easier COVID policy
HONG KONG/BEIJING (Reuters) -Chinese policymakers pledged on Wednesday that growth was still a priority and they would press on with…
Bed Bath & Beyond’s technology chief resigns after possible data breach
(Reuters) – Bed Bath & Beyond Inc said on Wednesday its customer and technology chief, Rafeh Masood, will step down,…
UAE and U.S. reach deal for $100 billion in clean energy projects
ABU DHABI (Reuters) -The United States and United Arab Emirates have reached an agreement to spend $100 billion on clean…
Suncor Fort Hills deal hints at new strategy for Canada oil sands mine replacement
By Nia Williams and Rod Nickel (Reuters) – Suncor Energy’s acquisition of a larger stake in the Fort Hills oil…
White House announces $13.5 billion funding to help households with energy bills
(Reuters) – President Joe Biden’s administration will make $13.5 billion available to help low-income U.S. households lower their heating costs…
Fed’s Powell: ‘Soft landing’ chances have narrowed
(Reuters) – There remains a chance that the U.S. economy can escape a recession as the Federal Reserve raises interest…
Fed delivers fourth 75 bp hike, signals scale-back coming
NEW YORK (Reuters) – The Federal Reserve on Wednesday raised interest rates by three-quarters of a percentage point as it…