BERLIN (Reuters) -Germany must tighten its energy-relief measures in the face of soaring inflation, ensuring only households and businesses that…
Galaxy Digital to cut majority exposure to crypto exchange FTX
(Reuters) -Crypto financial services company Galaxy Digital Holdings Ltd said on Wednesday it was looking to cut nearly 62% of…
Citigroup to buy banking license from Deutsche Bank in Mexico for wholesale unit
NEW YORK (Reuters) – Citigroup Inc said on Tuesday it would purchase Deutsche Bank’s Mexican banking license in order to…
Fed terminal rate to reach just under 5%, said bond strategists – Reuters poll
BENGALURU (Reuters) – Sovereign bond yields are likely to remain elevated in the near term and be at higher levels…
U.S. wholesale inventories revised lower in September
WASHINGTON (Reuters) – U.S. wholesale inventories increased less than initially thought in September amid decreases in stocks of petroleum and…
U.S. court rejects requests to block Albertsons’ dividend payout
(Reuters) – A U.S. federal court on Tuesday denied requests to temporarily block Albertsons Companies Inc’s $4 billion dividend payment…
Vodafone teams up with KKR and GIP in $16 billion towers deal
By Paul Sandle LONDON (Reuters) -Vodafone has agreed to sell a chunk of it masts company Vantage Towers to Global…
U.S. climate envoy Kerry: We need multilateral development bank reform
SHARM EL-SHEIKH, Egypt (Reuters) – Multilateral development bank reform is absolutely critical, U.S. climate envoy John Kerry said on Wednesday,…
Germany’s Lindner: EU must base new fiscal rules on financial solidity
BERLIN (Reuters) – Germany will assess proposals from the European Commission on changes to EU fiscal debt rules but any…
Phillips 66 plans to lay off 1,100 workers by end-2022
(Reuters) – Refiner Phillips 66 said on Wednesday, it plans to reduce its employee headcount by 1,100 to help cut…