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By Tom Polansek CHICAGO (Reuters) -Tyson Foods Inc lifted a mask mandate for fully vaccinated employees at some U.S. facilities on Tuesday, but those at meatpacking plants must continue wearing masks for now. The meat processor joins major employers like Amazon.com and Walmart in relaxing mask requirements. Tyson said its policy applies to employees at …

Tyson Foods lifts mask mandate for some workers, but not at meat plants Read More »

By David Shepardson WASHINGTON (Reuters) -Two U.S. lawmakers asked the Transportation Department’s Office of Inspector General to review the Federal Aviation Administration’s (FAA) oversight over Boeing Co’s actions surrounding the 737 MAX jet. The chair of the House of Representatives Transportation Committee, Peter DeFazio, and Rick Larsen, who chairs a subcommittee on aviation, said the request …

U.S. lawmakers seek review of FAA Boeing 737 MAX oversight Read More »

MOSCOW (Reuters) – The rouble rose on Tuesday, extending gains from the previous session, after Russia said some troops near Ukraine were returning to their bases after military exercises, following a Russian asset sell-off last week on renewed invasion fears. The rouble soared after Russia’s defence ministry was quoted as saying that some troops in …

Rouble leaps after Russia says some troops are returning to bases Read More »

ZURICH (Reuters) – Swiss automation group ABB on Tuesday rebranded its turbocharging business “Accelleron” and said it expected to make the final decision on whether to sell or spin it off towards the end of the first quarter. “Whichever path is chosen by ABB to separate the business, this process should be completed in the …

ABB rebrands turbocharging business “Accelleron”, decision expected in Q1 Read More »

MILAN (Reuters) – Italian energy services group Saipem said on Tuesday it would submit an updated strategic plan for approval by the board on March 15. Sapem, which presented its 2022-2025 plan last October, issued a surprise profit warning at the end of last month and pulled its outlook. The company, controlled by energy group …

Italy’s Saipem to submit updated business plan to board on March 15 Read More »

A look at the day ahead in markets from Sujata Rao. The Fed hasn’t yet started raising interest rates, and in the euro zone, higher rates are likely many months away. But markets have started doing the central banks’ jobs for them — an index of financial conditions compiled by Goldman Sachs is around the …

Marketmind: The work of central banks Read More »

By Leika Kihara and Daniel Leussink TOKYO (Reuters) -Japan’s economy rebounded in the final three months of 2021 as falling coronavirus cases helped prop up consumption, though rising raw material costs and a spike in new Omicron variant infections cloud the outlook. Bank of Japan Governor Haruhiko Kuroda also highlighted escalating tensions in Ukraine as …

Japan’s economy rebounds on solid spending, Omicron clouds outlook Read More »

By Hyunjoo Jin SAN FRANCISCO (Reuters) -Tesla chief executive Elon Musk donated a total of 5,044,000 shares in the world’s most valuable automaker to a charity from Nov. 19 to Nov. 29 last year, its filing with the U.S. Securities and Exchange Commission (SEC) showed on Monday. The donation was worth $5.74 billion, based on …

Musk donated over $5.7 billion in Tesla shares to charity in Nov Read More »

(Reuters) -Blackstone Inc said on Tuesday existing investors in Mileway, its pan-European last mile logistics company, have agreed to recapitalize the firm for 21 billion euros ($23.77 billion). Existing investors in Mileway, the largest owner of last-mile logistics real estate assets in Europe, have been offered a chance to retain or increase their shareholding, or …

Blackstone, partners plan $23.77 billion recapitalization of logistics firm Mileway Read More »