Business Stories from January 28, 2022 (Change date)
-
Asian stocks mixed after Wall Street sinks for third dayJan 28, 2022 6:00 am - BEIJING (AP) - Asian stock markets were mixed Friday as traders looked ahead to data on U.S. employment costs that might influence Federal Reserve decisions on planned i...
-
German economy shrank 0.7% in 4th quarter as COVID resurgedJan 28, 2022 6:00 am - BERLIN (AP) - The German economy shrank by 0.7% in last year's fourth quarter amid a resurgence in coronavirus infections and new restrictions, official figures showed F...
-
Executive overseeing investments leaves Japan's SoftBankJan 28, 2022 6:00 am - TOKYO (AP) - Marcelo Claure, who joined SoftBank Group after turning around one of its key investments, office-sharing business WeWork, is leaving, the Japanese technolo...
-
Closing prices for crude oil, gold and other commoditiesJan 28, 2022 6:00 am - Benchmark U.S. crude oil for March delivery rose 21 cents to $86.82 a barrel Friday. Brent crude for March delivery rose 69 cents to $90.03 a barrel. Wholesale gasoline ...
-
Huge demand at Caterpillar, but global supply constrainsJan 28, 2022 6:00 am - Caterpillar's sales surged in the final quarter of the year despite ongoing disruptions in the global supply chain that have hit almost every sector of the economy. Exe...
-
Grains higher, Livestock higherJan 28, 2022 6:00 am - Wheat for Mar. was up 9.25 cents at $7.8625 a bushel; Mar. corn rose 10.75 cents at $6.36 a bushel, Mar. oats gained 20.50 cents at $6.7550 a bushel; while Mar. soybeans...
-
IMF urges El Salvador to scale back its Bitcoin pushJan 28, 2022 6:00 am - NEW YORK (AP) - The International Monetary Fund said Friday that El Salvador should dissolve the $150 million trust fund it created when it made the cryptocurrency Bitco...
-
UN labor group says 1.6M jobs lost in Myanmar in 2021Jan 28, 2022 6:00 am - BANGKOK (AP) - The International Labor Organization says about 1.6 million jobs were lost in Myanmar in 2021, with women suffering the worst setbacks as work in factorie...
-
Shaky start for Stellantis bid to grab larger China stakeJan 28, 2022 6:00 am - MILAN (AP) - Moves by carmaker Stellantis to consolidate its position in fast-growing China seemed to be off to a rocky start after one of its joint venture partners sai...
-
Stocks end a turbulent week with biggest gains of the yearJan 28, 2022 6:00 am - Wall Street ended a volatile week of trading Friday with a late-afternoon buying spree that gave the major stock indexes their biggest gains of the year and snapped a th...