Notizia

(Reuters) -Atlanta Federal Reserve President Raphael Bostic on Monday said he expects the U.S. central bank will deliver two or three more half-percentage-point interest rate hikes but won't need to use anything bigger, noting some hopeful signs on inflation.

Stock indexes around the world fell sharply on Monday and the dollar reversed course after hitting a two-decade high while oil prices sank as concerns about slowing growth and a tightened lockdown in Shanghai pushed investors toward safer bets.

(Reuters) -Canada's antitrust agency is seeking to block Rogers Communications Inc's $16 billion deal to buy Shaw Communications Inc on the grounds that it would lead to less competition in the wireless industry.

A continued decline in on-demand trucking prices risks squeezing out tens of thousands of small operator-owned trucking companies that rushed into the market when rates were surging earlier this year, Uber Technologies Inc's head of freight said.

Atlanta Federal Reserve President Raphael Bostic on Monday said he expects the U.S. central bank will need to deliver two or three more half-percentage-point interest rate hikes but nothing bigger to bring high inflation down, noting that he already sees signs of supply pressures peaking.

Italy's Benetton family will change the name of the investment vehicle bidding to take control of Italian infrastructure group Atlantia after protests on behalf of the victims of the 2018 Genoa bridge disaster.

(Reuters) -Philip Morris International Inc is in talks to buy rival Swedish Match AB, the companies said on Monday, as the Marlboro maker looks to expand its smoke-free options amid rising global scrutiny on the sale of traditional cigarettes.

HOUSTON (Reuters) -Repairs to the crude distillation unit (CDU) at Exxon Mobil Corp's 61,500 barrel-per-day (bpd) Billings, Montana, refinery are planned to continue for at least another three weeks, said sources familiar with plant operations.

WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Monday the U.S. financial system was functioning in an "orderly manner" despite the current stock market sell-off, and valuations of some assets remain high compared to historical values.