(Reuters) – Uber Technologies and Lyft Inc have scrapped face mask mandates for their riders and drivers in the United States, the ride-hailing companies said on Tuesday, as COVID cases have fallen sharply from their January peak. Walt Disney Co also said that wearing masks would be optional for fully vaccinated visitors at its indoor …
Uber, Lyft and Disney end mask mandates as COVID cases fall Read More »
By Ann Saphir (Reuters) – Chicago Federal Reserve Bank President Charles Evans said Tuesday that he’s “comfortable” with a round of rate hikes this year that includes two 50 basis-point increases and reaches a neutral setting by year end, but he does not see the need for bigger hikes. “We should be looking for clear …
Fed’s Evans: comfortable with two 50 bps point increases Read More »
JOHANNESBURG (Reuters) – African start-ups attracted a record $5.2 billion in venture capital last year, bouncing back from a pandemic-induced dip in 2020 with a nearly five-fold increase in investments, according to data released by an industry group on Tuesday. The success of companies like Nigeria’s Paystack, acquired in 2020 by U.S. payments firm Stripe, …
African startups drew record $5.2 billion in venture capital last year – industry group Read More »
(Reuters) – The Russian rouble firmed against the dollar in early trade on Tuesday, while prices for OFZ government bonds rose to their highest since Feb. 21 on expectations that the central bank would soon cut interest rates again. At 0738 GMT, the rouble was 0.6% stronger against the dollar at 79.30 and had …
Russian rouble firms vs dollar, OFZ bonds near 2-month highs Read More »
(Reuters) – Commonwealth Bank of Australia warned of a fake news article doing rounds on social media platforms alleging the country’s No. 1 lender to have partnered with a cryptocurrency trading platform to encourage people to invest in crypto assets. CBA branded https://www.commbank.com.au/articles/newsroom/2022/04/cryptocurrency-scam-warning.html the article to be “totally false and untrue” on Tuesday, adding that …
Australia’s CBA rebuffs reports of partnership with crypto trading platform Read More »
(Reuters) – Brazilian lender Itau Unibanco said on Monday it has reached a deal to acquire a 12.82% stake in the agribusiness marketplace Orbia, formally known as Rede Agro Fidelidade e Intermediacao. In its securities filing, the bank said that Orbia, of which Bayer AG and Yara Brazil Fertilizantes are also shareholders, is a digital …
Brazil’s Itau Unibanco buys stake in agribusiness marketplace Orbia Read More »
(Reuters) – A group representing some of Meta Platforms Inc’s institutional investors urged shareholders of the Facebook owner to vote against the re-election of two of its board members, Marc Andreessen and Peggy Alford. “We believe the lack of independence of board members Peggy Alford and Marc L. Andreessen is undermining the board’s ability to …
Meta institutional investors urge opposing re-election of two board members Read More »
By Kanishka Singh WASHINGTON (Reuters) -The U.S. Justice Department has secured a settlement with United Parcel Service Inc to resolve immigration-related discrimination claims in a civil action against the package delivery company, the agency said on Monday. “The settlement resolves the department’s claims that UPS violated the Immigration and Nationality Act when it discriminated against …
U.S. settles with UPS to resolve immigration-related discrimination claims Read More »
By Greg Roumeliotis (Reuters) -More private equity firms have expressed interest in participating in a deal for Twitter Inc, people familiar with the matter said on Monday. The sources, who declined to be identified, did not name the firms. The interest emerged after Thoma Bravo, a technology-focused private equity firm, contacted the social media platform …
More private equity firms express interest in a Twitter deal-sources Read More »
(Reuters) – U.S. inflation is “far too high,” St. Louis Federal Reserve Bank President James Bullard said on Monday as he repeated his case for increasing interest rates to 3.5% by the end of the year to slow what are now 40-year-high inflation readings. “What we need to do right now is get expeditiously to …
Fed’s Bullard wants to get rates up to 3.5% by year end Read More »
