US Business

Apple to require employee proof of COVID-19 booster -The Verge

15/01 Apple Inc will require retail and corporate employees to provide proof of a COVID-19 booster shot, The Verge reported https://www.theverge.com/2022/1/15/22885181/apple-vaccine-covid-19-booster-shot-employees on Saturday, citing an internal email.. . .  Full story

Reliance, Ola Electric, Mahindra bid for incentives under India's battery scheme

15/01 India's Reliance Industries , Softbank Group-backed Ola Electric and automaker Mahindra & Mahindra have submitted bids under the country's $2.4 billion battery scheme, the government said on Saturday.. . .  Full story

Mexico says panel should rule on auto dispute with U.S. by Q3

15/01 An arbitration panel looking at a Mexican complaint regarding U.S. interpretation of how free trade rules apply to the continental automotive industry should make a ruling by the third quarter of this year, Mexican. . .  Full story

CME hog futures rebound, though U.S. slaughtering remains weak

15/01 Chicago Mercantile Exchange lean hog futures bounced back on Friday, though analysts said U.S. staffing shortages caused by COVID-19 infections continued to limit meat production.. . .  Full story

Google mandates weekly COVID-19 tests for people entering U.S. offices

15/01 Alphabet Inc's Google is temporarily mandating weekly COVID-19 tests for any person entering Google offices or facilities in the United States, the tech giant said on Friday.. . .  Full story

Soy futures ease on outlook for rain to aid South America crops

15/01 Chicago Board of Trade soybean futures slumped on Friday to their lowest price in more than a week under continued pressure from forecasts for rain in dry South American growing areas, analysts said.. . .  Full story

Dow closes lower after disappointing bank results

14/01 The Dow closed lower on Friday with a big drag from financial stocks as investors were disappointed by fourth quarter results from big U.S. banks, which cast a shadow over the earnings season kick-off.. . .  Full story

TSX snaps weekly losing streak as energy shares climb

14/01 Canada's main stock index rose on Friday, adding to this week's rally, as technology shares found some relief and higher oil prices boosted the attractiveness of the energy sector.. . .  Full story

Citigroup results show restructuring has its costs

14/01 Citigroup Inc displayed some of the financial bruises required for its current restructuring as it reported a 26% drop in fourth-quarter profit on Friday.. . .  Full story

U.S. rallies a united front against Russia as Putin seeks cracks

14/01 A week of diplomacy by U.S. President Joe Biden failed to defuse tensions between Russia and Ukraine, but has maintained unity with European allies against Moscow as Russian President Vladimir Putin seeks to expose cracks,. . .  Full story

Fed officials say rate hikes near as inflation soars

14/01 U.S. central bankers, in a last flurry of public comments before their upcoming January policy meeting, are making it crystal clear: they'll likely start raising interest rates as early as March to rein in. . .  Full story

Citi says Mexico consumer bank a 'jewel,' as it gears up to sell

14/01 Citigroup Inc described the Citibanamex consumer bank in Mexico it is planning to shed as a "jewel" as it gears up to be active with potential buyers in the coming months.. . .  Full story

Cook, Jefferson, Raskin tapped for Fed board seats

14/01 U.S. President Joe Biden's picks to fill seats on the Federal Reserve's Board of Governors -- including two Black economists, Lisa Cook and Philip Jefferson -- bring a historic measure of diversity and a. . .  Full story

Walmart says two top U.S. executives to leave - memo

14/01 Walmart Inc said on Friday Chief Merchandising Officer of its U.S. unit, Scott McCall, will retire and handover the reigns to grocery chief Charles Redfield, as it looks to capitalize on the gains it. . .  Full story

Investors wary on bank growth despite executives' optimism

14/01 While big U.S. bank bosses were optimistic on the economic outlook on Friday, pointing to an uptick in some lending businesses and a jump in consumer spending, investors were skeptical on the growth outlook. . .  Full story

Yields higher in choppy trade after data flurry

14/01 U.S. Treasury yields were higher on Friday in choppy trade as a batch of soft economic data on consumer and manufacturing activity was seen as not enough to derail the Federal Reserve's path of. . .  Full story

Citigroup CEO Fraser fights to sell turnaround plan to investors

14/01 Citigroup Inc Chief Executive Jane Fraser faces a struggle to convince skeptical analysts and investors that she can turn the bank around despite overseeing a radical overhaul in less than a year at the. . .  Full story

Banks say they are paying up for talent as hiring is competitive

14/01 Banks are facing cutthroat competition to hire and are being forced to pay more to recruit and keep talent, with both Citigroup Inc and JPMorgan Chase & Co saying they are having to pay. . .  Full story

Canada faces significant financial risks if net-zero actions delayed

14/01 Canada's low-carbon transition poses important risks for some sectors, and delaying actions to prepare could expose financial institutions and investors to "sudden and large losses," the country's central bank and financial regulator said in a. . .  Full story

"The Matrix" co-producer Village Roadshow considering strategic options - WSJ

14/01 Village Roadshow Entertainment Group, which has co-produced 'Joker' and 'The Matrix', is considering taking on an investor or selling itself, the Wall Street Journal reported https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.wsj.com%2Farticles%2Fvillage-roadshow-producer-on-movie. . .  Full story

Biden seeks to reshape Fed with historically diverse slate of nominees

14/01 U.S. President Joe Biden on Friday nominated former Federal Reserve Governor Sarah Bloom Raskin for the Fed's key regulatory post and economists Lisa Cook and Philip Jefferson to serve on its board in what. . .  Full story

U.S. drillers add most oil and gas rigs in a week since April -Baker Hughes

14/01 U.S. energy firms this week added the most oil and natural gas rigs in a week since April as rising oil prices prompt more drillers to return to the wellpad.. . .  Full story

U.S. bill would block defense contractors from using Chinese rare earths

14/01 A bipartisan piece of legislation introduced in the U.S. Senate on Friday would force defense contractors to stop buying rare earths from China by 2026 and use the Pentagon to create a permanent stockpile. . .  Full story

U.S. holiday sales endure supply chain, Omicron snags to hit $887 bln - NRF

14/01 U.S. holiday sales in 2021 came in at a better-than-expected $886.7 billion, boosted by customers returning to stores and splurging more online, even as a jump in COVID-19 cases and supply chain issues threatened. . .  Full story

Raskin nomination for Fed regulation chief puts Wall Street on notice

14/01 U.S. President Joe Biden's decision to nominate Sarah Bloom Raskin to lead regulation and supervision at the Federal Reserve will put a progressive in the most powerful role overseeing Wall Street's biggest banks.. . .  Full story

Early holiday shopping hammers U.S. retail sales; Omicron drag anticipated in January

14/01 U.S. retail sales dropped by the most in 10 months in December, likely the result of Americans starting their holiday shopping in October to avoid empty shelves at stores.. . .  Full story

Sixth Street Partners in final talks to buy stake in Eni's power unit - sources

14/01 U.S. investment firm Sixth Street Partners has emerged as the leading bidder for the power generation unit of Italian energy group Eni and is in advanced talks to buy a minority stake in the. . .  Full story

JPMorgan shares fall as mixed outlook sours profit beat

14/01 JPMorgan Chase & Co posted fourth-quarter profit ahead of market expectations on Friday, but its shares fell as much as 6% as analysts expressed disappointment over its forecasts for future profitability.. . .  Full story

Emissions set to rise with global power demand - IEA

14/01 Global electricity demand over the next few years is set to slow after a record 2021 but will still result in higher carbon emissions without rapid gains in low-carbon supply and energy efficiency, the. . .  Full story

NY Fed's Williams says completely sensible to raise interest rates

14/01 It is "sensible" for the Federal Reserve to begin raising interest rates this year as it removes some of the support provided during the pandemic, New York Fed President John Williams said Friday.. . .  Full story

Wall St Week Ahead-Earnings to test growth stocks after rocky start to year

14/01 A rough start to 2022 for U.S. tech and growth stocks is raising stakes for upcoming earnings reports, as investors seek reasons to keep faith in the shares while bracing for U.S. interest rate. . .  Full story

Online checkout firm Bolt valued at $11 bln after BlackRock-led funding- source

14/01 Online checkout platform Bolt raised $355 million in a late-stage funding round led by fund manager BlackRock Inc at a valuation of $11 billion, according to people familiar with the matter.. . .  Full story

Burned by COVID supply crunch, hospitals invest in U.S. mask-making

14/01 Two days before Christmas, a cargo ship left Mumbai with a mask-making machine bound for Illinois-based OSF HealthCare, which will use the equipment to make its own N95 masks.. . .  Full story

Halkbank prosecution put on hold pending U.S. Supreme Court appeal

14/01 A U.S. appeals court put the federal government's prosecution of Turkish state-owned lender Halkbank for allegedly helping Iran evade American sanctions on hold while the bank appeals to the U.S. Supreme Court.. . .  Full story

U.S. holiday sales over the past decade

14/01 The 2021 holiday shopping season weathered everything from an overburdened supply chain to an Omicron-driven resurgence in COVID-19 cases, with the National Retail Federation (NRF) saying sales rose by a bigger-than-expected 14.1% during November and. . .  Full story

-Bausch + Lomb to list in U.S. and Canada, discloses revenue jump

14/01 Eye-care products maker Bausch + Lomb Corp on Thursday filed to go public in the United States and Canada through an initial public offering and disclosed a jump in sales for the first time.. . .  Full story

U.S. consumer sentiment sours in early January to second lowest level in decade

14/01 U.S. consumer sentiment soured in early January, falling to the second lowest level in a decade as Americans fretted about soaring inflation and doubted the ability of government economic policies to fix it, a. . .  Full story

US bond funds post ouflows on expectations of Fed tightening

14/01 U.S. bond funds faced outflows for the first time in four weeks in the seven days to Jan. 12 on rising prospects that the U.S. Federal Reserve will begin tightening its policy with an. . .  Full story

BlackRock assets cross $10 trillion, revenue slightly misses

14/01 BlackRock Inc's fourth-quarter profit beat analyst estimates on Friday, as the world's largest money manager's fee income rose and assets under management topped $10 trillion, but shares dipped as revenue slightly missed Wall Street estimates.. . .  Full story

Automobiles boost U.S. business inventories in November

14/01 U.S. businesses maintained a strong pace of inventory accumulation in November, with motor vehicle stocks rebounding a bit more than initially thought, suggesting the worst of global supply chain problems was likely behind.. . .  Full story

Russian finance minister: we will withstand possible restrictions on govt debt

14/01 Russia will be able to withstand possible restrictions on Russian debt that are being discussed by the United States, relying on domestic banks to provide enough demand for government bonds, Finance Minister Anton Siluanov said. . .  Full story

Casino stocks rise after Macau keeps licence limit

14/01 Shares of casino operators jumped on Friday after the Macau government ended a period of uncertainty by keeping the casino operators allowed to operate in the world's largest gambling hub to six.. . .  Full story

U.S. manufacturing output unexpectedly falls in December on autos

14/01 Production at U.S. factories unexpectedly fell in December, pulled down by a decline in output at motor vehicle plants amid an ongoing global semiconductor shortage.. . .  Full story

Pakistan to seek peace, economic connectivity under new security policy

14/01 Pakistan on Friday launched its first-ever comprehensive National Security Policy that it said was centred on regional peace and economic connectivity, and stressed that it wanted improved relations with arch-rival neighbouring India.. . .  Full story

Global bond funds see outflows on expectations of faster Fed rate moves

14/01 Global bond funds faced their first weekly outflow in four weeks in the seven days to Jan. 12 on expectations that the U.S. Federal Reserve will raise rates as many as four times this. . .  Full story

Biden taps Raskin, Cook and Jefferson for Fed Board

14/01 U.S. President Joe Biden on Friday nominated former Federal Reserve Governor Sarah Bloom Raskin to be the central bank's vice chair for supervision and two Black economists, Lisa Cook and Philip Jefferson, to serve on. . .  Full story

Gen Z investors shift focus from 'meme-stocks' to the 'metaverse,' report shows

14/01 Enthusiasm around "meme stocks" has eased for young investors a year on from the GameStop Corp trading frenzy, with Gen Z's attention shifting to companies in areas like electric vehicles and the "metaverse," according to. . .  Full story

U.S. import prices fall in December on petroleum products

14/01 U.S. import prices unexpectedly fell in December amid a decline in the cost of petroleum products, adding to signs that the worst of high inflation was probably over.. . .  Full story

Office Depot parent delays spin-off after new offer for consumer business

14/01 ODP Corp said on Friday it had decided to delay its previously announced plans to split into two public companies to mull over sale offers for its consumer business, sending its shares up 10%.. . .  Full story

U.S. retail sales plunge in December

14/01 U.S. retail sales tumbled in December as Americans struggled with shortages of goods and an explosion of COVID-19 infections, but that will likely not change expectations that economic growth accelerated in the fourth quarter.. . .  Full story

listed China stocks pick up momentum after a bruising 2021

14/01 U.S.-listed China shares rose before the opening bell on Friday, enjoying a robust rally at the start of the year as fewer jarring regulatory headlines from Beijing spurred investors to pick up battered names. . .  Full story

Union Pacific encourages employees to work from home through January

14/01 U.S. railroad operator Union Pacific Corp said it was encouraging employees to work from home until Jan. 30, as the fast-spreading Omicron variant of the coronavirus forces companies to rethink bringing employees back to office.. . .  Full story

A quiet experiment is testing broader privatization of U.S. Medicare

14/01 Millions of retirees have opted out of traditional Medicare over the past two decades, choosing to join a privatized, managed-care version of the program. But the choice might not be in their hands much. . .  Full story

Citi to sell Southeast Asia retail business in $3.7 bln deal to Singapore's UOB

14/01 Citigroup has agreed to sell its consumer business in four Southeast Asian markets to United Overseas Bank (UOB) for about S$5 billion ($3.7 billion), bringing the U.S. bank closer to its goal of exiting retail. . .  Full story

China's Dec trade with United States, EU, other key economies

14/01 China posted a record trade surplus in December and in 2021, as exports outperformed expectations during a global pandemic, but some analysts pointed to a slowdown in international shipments in the coming months.. . .  Full story

LG Energy Solution raises $10.8 bln in S.Korea's biggest IPO

14/01 South Korean battery maker LG Energy Solution (LGES) raised $10.8 billion in its initial public offering (IPO), attracting record demand for a deal in South Korea, the company said on Friday.. . .  Full story

China to suspend more incoming U.S. flights as Shanghai reports COVID-19 cluster

14/01 China on Friday suspended four more incoming U.S. flights, bringing the total cancellation this year to 74, as COVID-19 cases caused by the highly contagious Omicron variant soared to record highs in the United. . .  Full story

Indian electric van maker for Amazon raises funds

14/01 Indian start-up EVage, which is building electric delivery vans for e-commerce and logistics companies including Amazon.com Inc, has raised $28 million from U.S.-based venture capital firm RedBlue Capital, the company said on Friday.. . .  Full story

Citi establishes clearing and settlement service for Beijing Stock Exchange

14/01 Citigroup Inc said on Friday it has established clearing and settlement services for the new Beijing Stock Exchange and the city's New Third Board, in order to facilitate foreign investment.. . .  Full story

-Japan's Hitachi to sell about 50% of its stake in construction unit

14/01 Japan's Hitachi Ltd said on Friday it plans to sell about half of its stake in Hitachi Construction to trading company Itochu in a sale worth about 182.4 billion yen ($1.60 billion).. . .  Full story

Taiwan offers Honduras economic incentives as new leader waits in wings

14/01 Taiwan on Friday cut to zero tariffs on 25 goods imported from Honduras under a free-trade agreement (FTA), offering an incentive ahead of this month's inauguration of a new president who had threatened to. . .  Full story

U.S. venture capital deals notched all-time high of $330 billion in 2021

14/01 Venture capital dealmaking in the United States reached an all-time high in 2021 at nearly $330 billion, buoyed by excess liquidity and an accommodative monetary policy, according to a report from PitchBook and the. . .  Full story

China 2021 meat imports fall 5.4%, surge in domestic pork supply weighs

14/01 China's imports of meat fell 5.4% in 2021 from the year before, customs data showed on Friday, as a surge in domestic supply of pork cut demand for overseas supplies.. . .  Full story

China 2021 soybean imports slip 3.8% on falling margins, weak demand

14/01 China's soybean imports in 2021 fell from the previous year, the first annual drop since 2018, customs data showed on Friday, depressed by weakening demand from its massive livestock sector.. . .  Full story

Citigroup reaches 99% compliance on U.S. staff vaccine mandate

14/01 About 99% of Citigroup Inc's staff in the United States have complied with the company's COVID-19 vaccine requirements, the bank's Head of Human Resources Sara Wechter said in a LinkedIn post on Thursday.. . .  Full story

Trump's Fed eased bank rules. Now what can Democrats roll back?

14/01 Under Republican leadership appointed by former President Donald Trump, the U.S. Federal Reserve eased a raft of bank rules and requirements introduced following the 2007-2009 financial crisis, arguing they were too blunt and onerous.. . .  Full story

China's 2021 trade surplus with U.S. at $396.58 bln

14/01 China's trade surplus with the United States was $39.23 billion in December and $396.58 billion for the whole of 2021, data from China's General Administration of Customs showed on Friday. (Reporting by Gabriel Crossley; Editing. . .  Full story

Brazil meatpacker Minerva mulls switch to Nasdaq listing -source

14/01 Brazil meatpacker Minerva is considering moving its legal domicile outside Brazil, and is leaning toward switching its listing to Nasdaq from the local stock exchange B3, a source close to the company told Reuters. . .  Full story

Fed's Waller says course of inflation this year to dictate rate hikes

14/01 U.S. Federal Reserve Governor Christopher Waller, who has been at the forefront at the U.S. central bank in calling for a faster and more aggressive response to high inflation, on Thursday said that if. . .  Full story

IEA says Canada can be key global oil supplier if emissions promises kept

14/01 Canada, the world's fourth-largest oil producer, can be a key global supplier for years to come providing it sticks to promises to sharply cut emissions, the International Energy Agency (IEA) said on Thursday.. . .  Full story

Fed's Daly: March liftoff is 'quite reasonable'

14/01 San Francisco Federal Reserve Bank President Mary Daly on Thursday said that with high inflation that's not abating and a labor market on a tear by nearly all measures, raising interest rates in March. . .  Full story

Wall St closes down, Fed speakers put rate hikes in focus

13/01 Wall Street's major indexes closed lower on Thursday with Nasdaq's 2.5% drop leading the losses as investors took profits, particularly in technology stocks after a three-day rally, while multiple Federal Reserve officials were out talking. . .  Full story

CME hogs dip on concerns over slower slaughtering, heavier pigs

13/01 Chicago Mercantile Exchange lean hog futures fell on Thursday amid concerns that a reduced pace of slaughtering is limiting demand for pigs that are growing heavier, analysts said.. . .  Full story

Bausch & Lomb files for US IPO

13/01 Bausch & Lomb said on Thursday the Canadian eye products company has filed paperwork with the U.S. Securities and Exchange Commission to list on the New York Stock Exchange. (Reporting by Mehnaz Yasmin in Bengaluru;. . .  Full story

U.S. yields retreat in choppy trade, but uptrend firmly in place

13/01 U.S. Treasury yields on Thursday fell, as risk appetite soured with stocks lower and investors consolidating positions that pushed 2- and 5-year rates to two-year highs earlier in the week, as they prepared for an. . .  Full story

Fed officials nod to March rate hike as inflation drumbeat grows louder

13/01 Federal Reserve Governor Lael Brainard on Thursday became the latest and most senior U.S. central banker to signal that interest rates will rise in March to battle inflation that's eroding the value of workers'. . .  Full story

Corn, soy futures sag on improved South America weather forecasts

13/01 U.S. corn and soybean futures tumbled on Thursday on expectations that rains forecast for dry crop-growing areas of South America may limit harvest losses, traders said.. . .  Full story

Valero, Exxon among winners of U.S. sale of strategic oil reserves - DOE

13/01 The U.S. Energy Department said on Thursday it had sold 18 million barrels of strategic crude oil reserves to six companies, including Exxon Mobil and a unit of refiner Valero Energy Corp, after saying. . .  Full story

Cruz's U.S. Senate bill on Nord Stream 2 sanctions fails to pass

13/01 A U.S. bill to slap sanctions on Russia's Nord Stream 2 pipeline sponsored by Republican Senator Ted Cruz failed to get enough votes to pass on Thursday.. . .  Full story

Microsoft invests $50 million in alcohol-to-jet fuel biorefinery

13/01 Microsoft is investing $50 million in a LanzaJet facility in Georgia that will produce jet fuel from ethanol next year, LanzaJet said.. . .  Full story

Biogen eyes potential acquisitions - Stat News

13/01 Biogen Inc is working with investment bank Goldman Sachs to find potential targets for acquisitions, Stat News reported on Thursday, citing an unnamed source.. . .  Full story

Ford crosses $100 bln in market value for the first time

13/01 Ford Motor Co's market value breached $100 billion for the first time on Thursday, as more investors bet on the Detroit automaker's electrification strategy.. . .  Full story

Fed's Clarida: Policy normalization in 2022 is consistent with framework

13/01 Beginning to normalize monetary policy this year would be "entirely consistent" with the Federal Reserve's new average inflation targeting framework, Fed Vice Chair Richard Clarida said in a paper released Thursday.. . .  Full story

Aramco Oil Pipelines investors miss funding goal with $2.5 bln bond sale

13/01 A group of institutional investors that last year took a stake in Saudi Aramco's oil pipelines network sold $2.5 billion in dual-tranche amortising bonds on Thursday, significantly below the amount sought, a bank document showed.. . .  Full story

Private equity firm TPG valued at over $10 bln in strong market debut

13/01 TPG shares rose nearly 12% in their stock market debut on Thursday, valuing the 30-year-old private equity firm at more than $10 billion, after the company went public to cash in on a pandemic-driven. . .  Full story

Fed's Brainard vows to battle inflation, deflects Republican climate criticism

13/01 Federal Reserve Governor Lael Brainard, in a hearing for her nomination to become the U.S. central bank's vice chair, pledged on Thursday to help bring inflation under control and deflected Republican senators' concerns that she. . .  Full story

Fed's Evans: we need to be adjusting monetary policy

13/01 Chicago Federal Reserve Bank President Charles Evans on Thursday said monetary policy as it stands is "not well-positioned" for high inflation and that interest rates need to rise this year.. . .  Full story

Fed's Barkin says labor shortage is part of a long lasting phenomenon

13/01 The labor shortage making it difficult for businesses to find needed workers may persist because of longstanding trends in demographics and challenges related to the pandemic, Richmond Federal Reserve Bank President Thomas Barkin said Thursday.. . .  Full story

Fed's Brainard ready to raise rates 'as soon as' bond-buying taper ends

13/01 Federal Reserve Governor Lael Brainard on Thursday said the U.S. central bank would be in a position to start what could be several interest rate hikes this year "as soon as" it completes winding. . .  Full story

U.S. oil and gas M&A activity slows in fourth quarter - Enverus

13/01 Dealmaking in the U.S. oil and gas industry halved in value in the fourth quarter from the third, with the annual total falling short of the pre-pandemic average, according to data published by analytics. . .  Full story

Omicron wave lifts U.S. weekly jobless claims; monthly producer inflation slows

13/01 The number of Americans filing new claims for unemployment benefits increased to an eight-week high in the first week of January amid raging COVID-19 infections, but remained at a level consistent with a rapidly tightening. . .  Full story

Microsoft stops making Xbox One consoles

13/01 Microsoft Corp said on Thursday it has stopped manufacturing all Xbox One consoles to focus on producing its next-generation consoles.. . .  Full story

U.N. report projects global economy growth to slow in 2022, 2023

13/01 The global economy is projected to grow by 4% in 2022 - down from 5.5% last year - and expand 3.5% in 2023 amid new waves of COVID-19 infections, labor market challenges, supply-chain constraints. . .  Full story

Escalating U.S. inflation forces macro policy rethink: Kemp

13/01 U.S. consumer prices are rising at the fastest rate for decades, a sign that aggregate demand for goods and services from households and businesses is overwhelming the economy‚Äôs productive capacity.. . .  Full story

Biogen seeks dialogue with U.S. CMS about Alzheimer's drug coverage decision

13/01 Biogen Inc's chief executive officer on Thursday said the company wants a dialogue with the U.S. Centers for Medicaid and Medicare Services (CMS) ahead of a final decision on coverage of its controversial. . .  Full story

Global bonds' near record high duration becomes a big risk

13/01 Global bond portfolios are more sensitive than ever now, given their extended maturities increase the risk of capital losses as the Fed and other major central banks prepare to aggressively tighten policy.. . .  Full story

Canada's shift to net-zero emissions likely to drive higher inflation

13/01 Solar-powered homes, electric tractors and hydrogen-cell trucking fleets: Canada has big net-zero ambitions, but getting there will require trillions of dollars in investment and will likely fuel hotter inflation for years to come, economists said.. . .  Full story

Nigerians give muted welcome to end of Twitter ban

13/01 Nigerians on Thursday reacted with mingled relief and indifference to the government's decision to lift a ban on Twitter, saying many in Africa's biggest economy had stayed connected via virtual private networks (VPN).. . .  Full story

Toronto stocks muted as miners, energy stocks weigh

13/01 Toronto stocks were nearly flat on Thursday as losses in miners and energy stocks dampened some cheer arising from soft U.S. inflation data that lifted Wall Street.. . .  Full story

Venezuela ramps up gasoline, food supply to Cuba -documents

13/01 Venezuela has ramped up shipments of gasoline and food to Cuba since November, providing key supplies to one of President Nicolas Maduro's closest allies, according to documents from Venezuelan state-run oil company PDVSA and Refinitiv. . .  Full story

Russia's Gazprom provided some data to EU in regards to gas supplies - Interfax

13/01 Russian gas producer Gazprom said on Thursday that it had provided some data to the European Commission in regards to gas supplies, the Interfax news agency quoted it as saying.. . .  Full story

Record 14 mln Americans sign up for healthcare since enrollment start - govt

13/01 A record 14.1 million Americans have signed up for health insurance since the start of the 2022 open enrollment period in November, the U.S. health department said on Thursday.. . .  Full story

Goldman Sachs delays return to office for U.S. workers

13/01 Goldman Sachs Group Inc has postponed its return-to-office plan for U.S. staff by another two weeks as COVID-19 cases in the country flare up, largely fueled by the highly contagious Omicron coronavirus variant.. . .  Full story