Author Archives: Syndicated Content
Biden administration kills Antofagasta’s Minnesota copper project
By Ernest Scheyder (Reuters) - The U.S. Department of the Interior canceled two mineral leases for Antofagasta Plc's proposed Twin Metals copper and nickel mine in Minnesota on Wednesday, effectively ...
Jan 26, 2022
Defence company Leonardo has made no decision on DRS business sale
MILAN (Reuters) - Defence and aerospace group Leonardo said on Wednesday it had not taken a formal decision about a sale of a business line at its DRS division. Bloomberg reported on Wednesday that Le...
Jan 26, 2022
Fed says bond maturity runoff will be main tool for shrinking balance sheet
By Jonnelle Marte (Reuters) - The Federal Reserve will rely primarily on letting bond holdings run off the balance sheet as they mature, rather than selling bonds outright, as it seeks to trim its mas...
Jan 26, 2022
U.S. FDA labels Philips’ expanded ventilator recall as most serious
(Reuters) -The U.S. Food and Drug Administration (FDA) on Wednesday classified medical equipment maker Philips' expanded recall of certain ventilators in December as Class 1, or the most serious type ...
Jan 26, 2022
Instant View: FOMC reaffirms March for taper end, and, maybe, rate hike
NEW YORK (Reuters) - The Federal Reserve on Wednesday signaled it is likely to raise U.S. interest rates in March and reaffirmed plans to end its bond purchases that month before launching a significa...
Jan 26, 2022
Chevron shares hit record high ahead of 4th-quarter results
By Sabrina Valle HOUSTON (Reuters) - Shares of U.S. oil major Chevron Corp on Wednesday hit an all-time high amid a strong stock market rally and ahead of the release of Chevron's fourth-quarter finan...
Jan 26, 2022
Fidelity brokerage’s ‘rubber-stamping’ allowed meme stock abuses, regulator says
By Jonathan Stempel (Reuters) - Massachusetts' securities regulator on Wednesday charged Fidelity Brokerage Services with improperly "rubber-stamping" applications to trade options, saying the "blatan...
Jan 26, 2022
UBS steps up U.S. push with $1.4 billion Wealthfront purchase
By Michael Shields ZURICH (Reuters) - Swiss bank UBS has agreed to buy U.S.-focused automated wealth management provider Wealthfront, which has more than $27 billion in assets under management, in an ...
Jan 26, 2022
Tunisia extends night curfew and bans all gatherings for two weeks
TUNIS (Reuters) - Tunisia extended on Wednesday a night curfew and banned all gatherings for another two weeks to counter the rapid spread of COVID-19, the government said on Wednesday. (Reporting By ...
Jan 26, 2022
Union calls 1%/year pay increase offer for U.S. refinery workers ‘ridiculous’
HOUSTON (Reuters) - The United Steelworkers union (USW) called a 1% per year pay increase offered by lead oil industry negotiator Marathon Petroleum "ridiculous," according to a message sent to member...
Jan 26, 2022
