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(Reuters) -Goldman Sachs Group Inc’s asset management arm is among the suitors for the U.S. based sandwich chain Subway, which has been put up for sale with an estimated $10 billion price tag, Sky News reported on Saturday. Bain Capital, TPG and TDR Capital are also among the other suitors, the report added. Goldman Sachs …

Goldman Sachs arm among bidders in possible $10 billion Subway sale, Sky News says Read More »

(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Saturday sounded a clear warning on the inflationary threat, and signaled that the U.S. central bank may raise interest rates further, and keep them there longer, than has been expected. Though inflation by the Fed’s preferred measure has fallen from its mid-2022 highs of …

Fed’s Daly: tighter policy, for a longer time, ‘likely’ needed Read More »

(Corrects headline and first paragraph to remove reference to 30% headcount reduction) (Reuters) -Home rental firm Airbnb Inc laid off some of its recruiting staff this week, a company spokesperson said on Friday, noting that it’s not an indication of more widespread layoffs. The decision, first reported by Bloomberg News, affected less than 0.4% of …

Airbnb cuts recruiting staff headcount Read More »

BERLIN (Reuters) – Germany is making slow progress in enforcing sanctions against Russian oligarchs and institutions, according to government numbers seen by Reuters on Saturday. Germany has frozen around 5.25 billion euros ($5.57 billion)in assets belonging to sanctioned oligarchs since Russia’s invasion of Ukraine, according to the German finance ministry. The figure was 4.28 billion …

German sanctions against Russian oligarchs advancing slowly Read More »

By Alexandra Alper WASHINGTON (Reuters) – U.S. chipmaker Nvidia Corp’s plans to sell technology to China’s Huawei would be thwarted if the U.S. government proceeds with a proposal to further restrict shipments to the blacklisted company, a draft report by a government contractor shows. The Biden administration has been considering limiting the items it authorizes …

Exclusive-Nvidia’s plans for sales to Huawei imperiled if U.S. tightens Huawei curbs-draft Read More »

(Reuters) – The Centers for Disease Control and Prevention (CDC) said on Friday it was issuing a health alert advisory to notify clinics and public health officials to be watchful after a case of measles was confirmed at a large gathering in Kentucky. On Feb. 24, the Kentucky Department for Public Health identified a confirmed …

U.S. CDC issues advisory after confirmed measles case in Kentucky Read More »

MEXICO CITY (Reuters) – Mexico would not be able to match the incentives offered under a U.S. act to tame inflation if Tesla Inc builds a battery plant in the country, Mexico’s finance minister said on Friday, days after Tesla announced the construction of a “gigafactory” there. Tesla has not confirmed whether it will also …

Mexico can’t match U.S. incentives for proposed Tesla battery plant, minister says Read More »

By Kanishka Singh WASHINGTON (Reuters) -Google on Friday released an audit that examined how its policies and services impacted civil rights, and recommended the tech giant take steps to tackle misinformation and hate speech, following pressure by advocates to hold such a review. The disclosure by the company came after the Washington Post reported earlier …

Civil rights audit at Google proposes better tackling of hate speech, misinformation Read More »

By Lewis Krauskopf NEW YORK (Reuters) – Investors searching for safer areas in the U.S. stock market are finding that traditional shelters that held up in last year’s selloff, such as consumer staples, utilities and healthcare, may be more problematic this time. After rebounding sharply in January, the benchmark S&P 500 is wobbling again as …

Defensives may not be safe place to hide as stock market stumbles Read More »