MEXICO CITY (Reuters) – Worker representatives at German automaker Audi’s Mexico plant have extended a strike deadline to Jan. 11 from Jan. 1 as they aim to reach an agreement with the fir[...]
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December 30, 2022
Fed reverse repo facility hits record $2.554 trillion
By Michael S. Derby NEW YORK (Reuters) – A key facility the Federal Reserve uses to help control short-term interest rates saw record inflows on Friday, the final trading day of the year. The Ne[...]
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U.S. dollar down, still set for best year since 2015
By Hannah Lang WASHINGTON (Reuters) – The dollar was on track to post its best year since 2015 on Friday in the last trading day of a year dominated by Federal Reserve rate hikes and fears of a[...]
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Stumbling Treasury rally clouds bond market outlook for 2023
By Davide Barbuscia NEW YORK (Reuters) – U.S. government bond investors hurting after the biggest annual decline in the history of the asset class are riding out yet another selloff, as worries[...]
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Chevron sending two oil tankers to Venezuela under U.S. approval
By Marianna Parraga HOUSTON (Reuters) -U.S. oil company Chevron Corp is sending two oil tankers to Venezuela, one of which will load the first cargo of crude destined for the United States in nearly f[...]
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First pre-trial hearing in Microsoft-Activision case set for Jan. 3
WASHINGTON (Reuters) – A judge has set Jan. 3 for the first pre-trial hearing in the Biden administration’s case against Microsoft over its $69 billion bid to take over “Call of Duty[...]
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Petrobras’ next CEO seen overseeing strategic shift with renewables focus
By Marta Nogueira, Rodrigo Viga Gaier and Maria Carolina Marcello RIO DE JANEIRO/BRASILIA (Reuters) – The nomination of a Brazilian senator and longtime energy consultant to lead Petrobras sugge[...]
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Next Petrobras CEO says he will change company’s fuel price policy
BRASILIA (Reuters) – The incoming chief executive of Brazil’s state-run oil company Petrobras said on Friday he planned to tweak the country’s fuel price policy, but said investors n[...]
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Russia outlines plan for ‘unfriendly’ investors to sell up at half-price
MOSCOW (Reuters) – Foreign investors from “unfriendly” countries selling stakes in Russian assets may have to do so at half-price or less, the finance ministry said on Friday, with t[...]
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