Striking Kellogg workers could return after Christmas as tentative deal reached
Kellogg Co (K.N) and the union representing striking workers at its U.S. breakfast cereal plants have reached a tentative agreement on a new five-year contract that could pave the way for the employees to return to work two days after Christmas.
Analysis: Ready to pounce: Investors prepare for swings, opportunities as Omicron variant spreads
The latest COVID-19 virus variant has sparked a wild ride in markets.
U.S. marshals other nations, challenges OPEC+ with release of oil reserves
The administration of U.S. President Joe Biden announced on Tuesday it will release millions of barrels of oil from strategic reserves in coordination with China, India, South Korea, Japan and Britain, to try to cool prices after OPEC+ producers repeatedly ignored calls for more crude.
EXCLUSIVE BNP hires advisers to explore $15 bln Bank of the West sale – sources
BNP Paribas (BNPP.PA) is working with advisers to assess a sale of its U.S. arm Bank of the West as it seeks to retreat from the American retail banking market after struggling to compete with larger and better capitalised rivals, sources told Reuters.
World leaders seek ways to strengthen global supply chains
U.S. President Joe Biden and 16 other world leaders on Sunday discussed action to make supply chains more resilient in the face of any future health crises, as well as climate change and even planned attacks.
Analysis: Diplomatic dance or standoff? N.Korea and U.S. tread cautious line
While North Korea’s barrage of complaints about U.S. President Joe Biden’s policies over the weekend might appear to be ratcheting up tensions, some signs suggest Pyongyang hasn’t ruled out diplomacy with the new team in Washington. Few observers expect talks to resume soon – both countries are more focused on issues including the coronavirus pandemic […]
Middle Eastern stability as risk as Jordan’s monarchy experiences malicious drama
The US government, under Biden’s administration, has stepped in to address the ongoing drama within Jordan’s royal family that the government has labled as a “malicious plot” questioning the king’s administration. As a global reliable ally, Jordan’s monarchy has been the US government’s asset as it is geographically surrounded by unstable zones like Saudi Arabia, Israel, Syria and Iraq.
Recovery bets support stocks as Fed comes in focus
MILAN/TOKYO (Reuters) – World shares inched higher while U.S. bond yields hovered near a 13-month peak on Monday on bets economic growth would accelerate even though investors became wary of the Federal Reserve and other key central bank meetings in the days ahead.
