BERLIN (Reuters) – Morgan Stanley’s infrastructure investment arm informed the board of German renewables firm PNE AG that it is no longer pursuing talks with potential buyers of Photon[...]
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January 27, 2023
Mexican president set to meet Citigroup CEO, spokesperson says
By Kylie Madry and Isabel Woodford MEXICO CITY (Reuters) -Citigroup <C.N> Chief Executive Jane Fraser is planning to meet with Mexican President Andres Manuel Lopez Obrador, a government spokesp[...]
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Boeing to hire 10,000 workers in 2023 as it ramps up production
By Valerie Insinna and David Shepardson WASHINGTON (Reuters) – Boeing expects to hire 10,000 workers in 2023 as it recovers from the pandemic and increases jetliner production, but will trim som[...]
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U.S. consumer spending ends 2022 on weaker footing; inflation slowing
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending fell for a second straight month in December, putting the economy on a lower growth path heading into 2023, while inflation contin[...]
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Wood’s ARK Innovation Fund on pace for best month ever as battered stocks surge
By David Randall NEW YORK (Reuters) – Cathie Wood’s ARK Innovation Fund is closing in on the best monthly performance in its history as it rides a rebound in many of the high-growth stocks[...]
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Analysis-Google faces greater threat of forced ad unit sale from U.S. lawsuit
By Jack Queen and Mike Scarcella (Reuters) – The U.S. government is more likely to force Google to divest a key business with an antitrust lawsuit it filed this week than a group of states that[...]
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Goldman Sachs slashes CEO Solomon’s pay 29% to $25 million
By Lananh Nguyen NEW YORK (Reuters) -Goldman Sachs Group Inc. slashed compensation for its Chief Executive Officer David Solomon by 29% to $25 million for 2022, the bank said in a filing Friday. Solom[...]
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Jet fuel prices up as demand jumps, refinery outages limit supply
By Shariq Khan, Laura Sanicola and Seher Dareen (Reuters) – Jet fuel prices have risen to levels never recorded in January as demand from China’s lifting of COVID-19 travel restrictions an[...]
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European shares end higher as focus shifts to cenbank meetings
By Ankika Biswas and Amruta Khandekar (Reuters) – European shares ended higher on Friday as investors assessed mixed earnings from the region, while easing inflation in the United States bolster[...]
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