Republican U.S. Senator Pat Toomey said Monday it is likely Michael Barr will be confirmed as the Federal Reserve's Wall Street cop, although he has not yet decided on whether to support the nomination.
The world is facing a major oil supply crunch as most companies are afraid to invest in the sector as they face green energy pressures, the head of Saudi Aramco told Reuters, adding it cannot expand production capacity any faster than promised.
Starbucks joins a growing list of 327 companies that completely withdrew business in Russia and over 1,000 that scaled back business to varying degrees in the region.
Barclays said on Monday it had identified a single "material weakness" in its internal control processes, as it refiled its accounts with U.S.
British entrepreneur Sir Martin Sorrell said at the Davos World Economic Forum that tech companies, despite recent struggles, could experience a boom from the Russia-Ukraine war.
Facebook's Zuckerberg targeted in US privacy lawsuit
Saudi Arabia's finance minister said on Monday there were no immediate plans to transfer more funds to the Public Investment Fund (PIF), the sovereign wealth fund at the centre of the kingdom's plans to diversify its economy away from oil.
BlackRock Investment Institute cut its ratings of developed market (DM) equities to "neutral" from "overweight" on Monday, citing the U.S.
Expectations are running low for electronics retailer Best Buy Co Inc's quarterly earnings on Tuesday after results from two major industry players showed Americans were balking at big-ticket purchases due to decades-high inflation.
Starbucks to completely exit Russia after Ukraine invasion
U.S. households reported their highest level of financial well-being since tracking began almost a decade ago and the gains late last year were felt across all racial and ethnic groups, a Federal Reserve report released on Monday showed, a sign of both the benefits and risks of the central bank's aim to vanquish inflation.
Tunisia's powerful labour union said on Monday it would hold a national strike over wages and the economy after refusing to take part in a limited dialogue proposed by the president as he rewrites the constitution.
Multiple threats to the global economy topped the worries of the world's well-heeled at the annual Davos think-fest on Monday, with some flagging the risk of a worldwide recession.
Lithuania, Slovakia, Latvia and Estonia will call on Tuesday for the confiscation of Russian assets frozen by the European Union to fund the rebuilding of Ukraine after Russia's invasion, a joint letter written by the four showed on Monday.
Greece says blocks hundreds of migrants from crossing Aegean
Pfizer Covid vaccine for under-fives effective with three doses
JPMorgan Chase & Co lifted its forecast for interest income and affirmed its profitability target at its investor conference on Monday, where executives are expected to face questions on the bank's expenses and management of its capital.
JPMorgan Chase & Co lifted its forecast for interest income and affirmed its profitability target at its investor conference on Monday, sending its stock 6% higher despite persistent questions about how much more it will spend on its businesses.
Bank of America Corp said it was raising its U.S. minimum hourly wage to $22 on Monday, a step closer to its promise of paying workers $25 an hour by 2025.
UK fines US AI firm ?7.5m over mass image collection
When Jeff Wells placed a reservation for a Rivian R1T pickup in early 2019, he was one of the first in line for a truck from the Amazon.com Inc-backed electric vehicle startup that at the time promised to tap in to a niche not served by other automakers.
Blessings counted after losing all on Ukrainian front
Getting away with murder in Pakistan
Iran warns it will 'avenge' killing of Guards colonel
Chinese province of nearly 100 million to Covid test every two days
India's Mahindra and Mahindra will explore sourcing more components from other companies to boost its electric vehicle (EV) portfolio, its chief executive told Reuters.
Indonesia allowed the resumption of palm oil exports from Monday after a three-week ban, but industry players said shipments were unlikely to restart until details emerge on how much of the edible oil must be held back for domestic use.
BMW is exploring new investments in solar, geothermal and hydrogen energy to lower its dependence on natural gas, the carmaker's production chief told Reuters on Monday, warning an embargo on Russian gas would bring the industry to a standstill.
Russian soldier gets life for Ukraine war crimes
'Undeniably unsettling' Aussie cop drama disturbs Cannes
