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…
Bill Gates buys Heineken stake, despite saying he’s ‘not a big beer drinker’
AMSTERDAM (Reuters) – Bill Gates has bought 3.76% stake in Dutch drinks giant Heineken Holding NV, although the billionaire founder…
Meta loses bid to toss $175 million verdict in streaming patent case
By Blake Brittain (Reuters) – A federal judge in Austin, Texas on Tuesday rejected a request by Meta Platforms Inc’s…