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Yellen nomination sails through Senate panel; final vote set for Monday

Yellen nomination sails through Senate panel; final vote set for Monday

by Reuters | Jan 22, 2021 | Asia, Business, Economy, Elections, Environment, Europe, Middle East, Politics, Top News, US

By David Lawder and Andrea Shalal WASHINGTON (Reuters) – The U.S. Senate Finance Committee on Friday unanimously approved Janet Yellen’s nomination as the first woman Treasury secretary, indicating that she will easily win full Senate approval, but...
Oil falls on China’s COVID-19 cases, high crude build

Oil falls on China’s COVID-19 cases, high crude build

by Reuters | Jan 22, 2021 | Business, Economy, Europe, Middle East, UK, US

By Laura Sanicola NEW YORK (Reuters) – Oil prices settled lower on Friday, weighed down by a build in U.S. crude inventories and worries that new pandemic restrictions in China will curb fuel demand in the world’s biggest oil importer. Brent crude futures...
Weak data, earnings drag stocks lower; oil falls

Weak data, earnings drag stocks lower; oil falls

by Reuters | Jan 22, 2021 | Asia, Business, Economy, Europe, US

By Rodrigo Campos NEW YORK (Reuters) – A gauge of stocks across the world slipped from record highs on Friday and the dollar edged up against a basket of peers as weak economic data and underwhelming earnings drove investors to reverse some recent risky bets....
Italy’s Mediaset appeals verdict that freed up Vivendi’s voting rights: sources

Italy’s Mediaset appeals verdict that freed up Vivendi’s voting rights: sources

by Reuters | Jan 22, 2021 | Business, Europe

MILAN (Reuters) – Mediaset has lodged an appeal against a court ruling that lifted restrictions placed on French media giant Vivendi’s stake in the Italian broadcaster, two legal sources said on Friday. Last month an Italian administrative court removed...
EU lawmakers want Amazon, Apple, Facebook, Google CEOs at Feb. 1 hearing

EU lawmakers want Amazon, Apple, Facebook, Google CEOs at Feb. 1 hearing

by Reuters | Jan 22, 2021 | Business, Europe, Politics, Technology, US

By Foo Yun Chee BRUSSELS (Reuters) – EU lawmakers have invited the chief executives of Amazon, Apple, Facebook and Alphabet to a Feb. 1 hearing in Brussels as they try to crack down on the powers of U.S. tech giants. The European Parliament will in the coming...
Turning coronavirus corner, Volkswagen’s profit falls less than feared

Turning coronavirus corner, Volkswagen’s profit falls less than feared

by Reuters | Jan 22, 2021 | Business, Europe

By Kirsti Knolle, Nick Carey and Christoph Steitz BERLIN/LONDON/FRANKFURT (Reuters) – Volkswagen’s profit almost halved last year due to the impact of the pandemic, but a rebound in premium car sales in China and stronger deliveries in the fourth quarter...
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