By Lewis Krauskopf NEW YORK (Reuters) – A rally that has lifted stocks in the early weeks of 2023 may…
Argentine savers ‘drown’ under spiraling prices as inflation hits 99%
By Miguel Lo Bianco and Horacio Soria BUENOS AIRES (Reuters) – Argentina’s inflation rate has hit just shy of 100%,…
JPMorgan CFO sees nearly 20% drop in banking revenue in first quarter
(Reuters) – JPMorgan Chase & Co, the largest U.S. bank by assets, is expecting a nearly 20% drop in banking…
Mexico’s top diplomat says met with Tesla brass, ‘good news’ imminent
MEXICO CITY (Reuters) – Mexican Foreign Minister Marcelo Ebrard said on Tuesday he met with senior executives from electric automaker…
Pilot Company trims energy trading unit following Buffett takeover
By Laura Sanicola and Arathy Somasekhar (Reuters) – U.S. fuel retailer Pilot Company is trimming its energy trading operation, following…
Hyundai, Kia offer software upgrade to 8.3 million U.S. vehicles to prevent thefts
By David Shepardson WASHINGTON (Reuters) – Hyundai Motor and Kia Corp will offer software upgrades to 8.3 million U.S. vehicles…
Sandwich chain Subway to explore sale
(Reuters) -Subway said on Tuesday it was exploring a possible sale of its business as the sandwich chain faces surging…
Microsoft to defend Activision deal at EU hearing on Feb. 21
By Foo Yun Chee BRUSSELS (Reuters) – Microsoft will make a last-ditch effort to defend its $69 billion bid for…
Yellen says counties should use COVID funds for housing, job training
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Tuesday called on counties, cities and states to focus their remaining…
Saudi Arabia’s PIF says U.S. stocks value falls nearly $6 billion in fourth quarter
By Yousef Saba DUBAI (Reuters) – Saudi Arabia’s sovereign Public Investment Fund held $30.9 billion worth of U.S. stocks at…