Fed not wedded to particular pace of rate hikes, minutes show
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -Federal Reserve officials last month agreed that, with inflation widening its grip on the economy and employment strong, it was time to tighten
Saudi Arabia transfers Aramco shares worth $80 billion to state fund
By Hadeel Al Sayegh and Moataz Mohamed DUBAI (Reuters) -Saudi Arabia's Crown Prince Mohammed bin Salman has transferred 4% of Saudi Aramco shares worth $80 billion to the kingdom’s sovereign wealth
U.S. pledges $500 million to increase meat processing capacity
By Tom Polansek CHICAGO (Reuters) - The U.S. government will invest at least $500 million to expand beef, pork and poultry processing capacity, Agriculture Secretary Tom Vilsack said on Friday, after
Russia’s Aeroflot posts first quarterly profit in two years
(Reuters) - Russia's flagship airline Aeroflot reported on Monday its first quarterly net profit since 2019 as a recovery of domestic and international traffic accelerated.
Robinhood, gateway to ‘meme’ stocks, raises $2.1 billion in IPO-source
By Echo Wang (Reuters) - Robinhood Markets Inc, the owner of the trading app which emerged as the go-to destination for retail investors speculating on this year's 'meme' stock trading frenzy, raised
Tesla hopes to build 5-10,000 vehicles a week at Berlin plant – Musk
BERLIN (Reuters) - Tesla hopes to deliver the first vehicles from its new Berlin factory in December, but volume production will take longer to achieve, Chief Executive Elon Musk said at a festival
Barclays, RBS, HSBC, Credit Suisse fined 344 million euros for forex cartel
By Foo Yun Chee BRUSSELS (Reuters) -European Union antitrust regulators fined Barclays, Credit Suisse, HSBC and RBS a total of 344 million euros ($390 million) on Thursday for rigging the foreign
Apple inches closer to $3 trillion market value
(Reuters) - Shares of Apple Inc rose 1% on Monday, bringing the iPhone maker within spitting distance of becoming the world's first company to cross $3 trillion in market value.
Exclusive – Vitol made record net profit for full year 2021 -sources
LONDON (Reuters) - Global energy trader Vitol Group made a record net profit of just over $4 billion for the full year 2021, sources familiar with the matter said. Vitol declined to comment.