Citigroup joins US lenders in exiting Net-Zero Banking Alliance
(Reuters) – U.S. bank Citigroup (NYSE:C) said on Tuesday it is exiting the Net-Zero Banking Alliance (NZBA), a group of global banks that have pledged to curb greenhouse gas emissions. This move makes Citigroup the third major U.S. lender to…
Nippon Steel offers US government veto power in bid for US Steel approval, source says
By Alexandra Alper (Reuters) -Japan’s Nippon Steel has proposed giving the U.S. government veto power over any potential cuts to U.S. Steel’s production capacity, as part of its efforts to secure President Joe Biden’s approval for acquiring the American steelmaker,…
Stock market today: S&P 500 ends lower on final day but wraps up strong 2024
Investing.com– The S&P 500 closed lower on the final day of trade for the year on Tuesday, but wrapped up a strong year, with a more than 20% gain. At 4:00 p.m. ET (21:00 GMT), the S&P 500 fell…
Big Lots approved for last-minute sale of 200 to 400 stores
By Dietrich Knauth NEW YORK (Reuters) -Retailer Big Lots (NYSE:BIG) on Tuesday received a bankruptcy judge’s approval for a last-minute sale that would allow 200 to 400 stores to remain open under new ownership. U.S. Bankruptcy Judge Kate Stickles approved…
Russia halts gas exports to Europe via Ukraine
MOSCOW (Reuters) – Russia’s energy giant Gazprom (MCX:GAZP) said on Wednesday that gas exports via Ukraine to Europe had been halted from 08:00 Moscow time (0500 GMT) as the transit deal has expired. The shutdown of Russia’s oldest gas route…