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…
Fed not yet done on hikes but likely close – Harker
(Reuters) – The Federal Reserve has not yet finished its round of interest rate hikes to reduce inflation but it…
Markets ride $1 trillion global liquidity wave: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) -The explanation for the whoosh higher in risk assets this year may be as…
Fed must be ready to hike rates for longer than now expected, Logan says
(Reuters) – The U.S. central bank will need to keep gradually raising interest rates to beat inflation, Dallas Federal Reserve…
Aerospace engine makers work with European regulators after delays in U.S. rules
By Allison Lampert (Reuters) – Aerospace companies are pushing U.S. regulators to simplify domestic rulemaking, after delays led the country’s…
Burger King owner Restaurant Brands gets new CEO in turnaround boost
By Hilary Russ NEW YORK (Reuters) -Restaurant Brands International Inc on Tuesday named a new chief executive as it accelerates…
Louis Vuitton expected to raise prices as much as 20% in China
SHANGHAI/PARIS (Reuters) – LVMH’s top fashion brand Louis Vuitton is expected to increase prices in China by as much as…
Coca-Cola to push ahead with price hikes as PepsiCo hits pause
By Ananya Mariam Rajesh (Reuters) -Coca-Cola Co said on Tuesday it would raise soda prices further in 2023 to combat…
Exxon tells U.S. labor board refinery lockout did not target union
By Erwin Seba HOUSTON (Reuters) – A 10-month lockout of union workers at an Exxon Mobil refinery was undertaken to…