By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors are piling into shorter-dated options contracts, boosting trading volumes in the…
Trade group argues U.S. SEC case unfairly labels crypto as securities
By Hannah Lang (Reuters) – Cryptocurrency trade association Chamber of Digital Commerce is urging a federal court to dismiss a…
Volaris airline hopeful Mexico regains top safety rating in 6 months
By Kylie Madry and Aida Pelaez-Fernandez MEXICO CITY (Reuters) -Mexican low-cost carrier Volaris is “optimistic” the country will recover the…
Fed funds futures contracts price in further quarter-point hikes
(Reuters) – Traders of futures tied to the Federal Reserve’s policy rate on Wednesday largely stuck to the view the…
Luminar, Mercedes-Benz expand deal for self-driving tech
(Reuters) – Self-driving sensor maker Luminar Technologies Inc announced an expanded partnership with Mercedes-Benz Group on Wednesday to enable fully…
Top brands pull out of Russia, but their goods remain easy to find
By Alexander Marrow MOSCOW (Reuters) – Trucks carrying Coca Cola roll across the border into Russia, tourists return from abroad…
Global debt sees first annual drop since 2015 – IIF
By Marc Jones LONDON (Reuters) – The post-pandemic rebound in world growth and inflation last year meant the amount of…
Citigroup lifts CEO Fraser’s 2022 pay to $24.5 million
(Reuters) -Citigroup increased Chief Executive Officer Jane Fraser’s compensation by nearly 9% to $24.5 million for 2022, the lender said…
Highly paid oil rig worker merits overtime, U.S. Supreme Court says
By Daniel Wiessner (Reuters) – An oil rig supervisor who earned more than $200,000 a year working for Houston-based Helix…
Pirelli sees scope for higher 2023 revenues after strong results
(Reuters) – Italian tyremaker Pirelli said on Wednesday it expects revenues this year of some 6.6-6.8 billion euros, at least…