tymat

Delivering the Best News to you!

Wall St closes down for 3rd straight session on Fed rate hike worry

U.S. stocks closed lower for a third straight session on Tuesday as a rise in job openings fueled fears the U.S. Federal Reserve has another reason to maintain its aggressive

Read More

Restoring Chevron operations in Venezuela depends on U.S.

Progress in relaunching oil major Chevron Corp’s (CVX.N) operations in Venezuela under U.S. sanctions on the country depends on licenses from Washington, Venezuelan oil minister Tareck El Aissami said on

Read More

South Korea presses concerns over U.S. EV tax credit reform

Korean Deputy Trade Minister Ahn Sung-il raised concerns on Tuesday with the Biden administration over the revamped $7,500 electric vehicle tax credit that makes vehicles assembled outside North America ineligible.

Read More

Shares tumble, yields jump as data fuel rate angst

World stocks tumbled for a third straight session on Tuesday as investors worried about continued U.S. and European interest rate hikes, after data pointed to persistent inflation in both regions

Read More

Oil dives nearly $6 a barrel on demand fears, Iraq exports

Oil prices fell nearly $6 a barrel on Tuesday, the steepest decline in about a month, on fears that fuel demand could soften as global central banks hike rates to

Read More

Brazilian food processor BRF CEO resigns, shares close lower

Brazilian food processor BRF SA (BRFS3.SA) said on Tuesday that chief executive Lorival Luz has resigned and will be replaced by Miguel Gularte, a top executive at beef-packer Marfrig Global

Read More

Bed, Bath & Beyond’s $375 mln loan is temporary relief ahead of crunch holiday season

With Bed Bath & Beyond Inc (BBBY.O) set to disclose a financial lifeline — a roughly $375 million loan — investors hope the retailer’s interim CEO Sue Gove also will

Read More