Goldman Sachs boosts recruiting team in push to meet diversity goals

Goldman Sachs Group Inc has doubled its diversity recruiting team and increased its budget by $10 million to help meet its goals to add more women, Blacks and Latinos to its workforce, Chief Diversity Officer Megan Hogan told Reuters on Friday.

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13-05-2022

Judge OKs $16 million fine against Kraft, Mondelez to settle CFTC complaint, agency says

A federal judge on Friday ordered food consumer companies Kraft Heinz and Mondelez International pay a $16 million fine as part of a settlement with the U.S. Commodity Futures Trading Commission, the agency said.

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13-05-2022

Analysis-Big Oil gets investor reprieve as energy worries trump climate concerns

Big Oil has enjoyed an easier ride at shareholder meetings so far this year compared with last year's punishing run of hostile investor votes tied to climate concerns, as those issues have been eclipsed by tight oil supplies.

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13-05-2022

Dollar dips to end trading week but set for weekly gain

The dollar slipped on Friday as a rally in equities contributed to a risk-on mood, but was still set for a sixth straight week of gains as investors remained concerned about slowing global growth and Federal Reserve policy tilting the United States into a recession.

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13-05-2022

Abbott says shipped millions of cans of infant formula from Ireland

(Reuters) -Abbott Laboratories said on Friday it has air shipped millions of cans of infant formula powder into the United States from its facility in Ireland to address shortages here as it tries to reopen its Michigan manufacturing plant.

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13-05-2022

Gold set for fourth weekly loss on dollar strength, Fed hike bets

Gold fell more than 1% on Friday and is set for its fourth straight weekly decline, as the dollar's strong run with more aggressive U.S. interest rates on the horizon sapped appetite for bullion.

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13-05-2022

U.S. consumer sentiment approaches 11-year low, monthly import prices unchanged

U.S. consumer sentiment slumped to its lowest level in nearly 11 years in early May as worries about inflation persisted, but household spending remains underpinned by a strong labor market and massive savings, which should keep the economy expanding.

newspaper

13-05-2022

Central African bank regulator reminds states of crypto ban

Central Africa's regional banking regulator sent out a reminder on Friday about its ban on the use of cryptocurrencies, weeks after the Central African Republic, a member state, made bitcoin legal tender.

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13-05-2022

Aeroflot buys eight stranded Airbuses from foreign leasing firms

LONDON (Reuters) -Russia's biggest airline, Aeroflot, said on Friday it had bought eight Airbus A330 aircraft from foreign leasing companies "as part of the fulfilment of contractual obligations".

newspaper

13-05-2022