Friday, 1 April 2022

Reuters Business: Brazil's record trade surplus in March misses market expectations

Brazil's record trade surplus in March misses market expectations

Brazil posted a record trade surplus for March, of $7.4 billion, official data showed on Friday, but the number was well below market forecasts amid expectations that exports would rise as commodity prices spike.

Biden was glad to see Amazon workers' voices were heard in union vote - White House

President Joe Biden was glad to see that the voices of Amazon.com Inc workers were heard, the White House said on Friday, after warehouse workers in New York City voted to form the first-ever union at the second-largest U.S. private employer.

Recent U.S. union wins at Amazon, Starbucks and more

The COVID-19 pandemic, labor shortage, Black Lives Matter movement and other social and economic forces have contributed to an uptick in high-profile union organizing across the United States, with a win at Amazon on Friday garnering national attention.

Citgo Petroleum lost $160 million in 2021 from impact of storm

U.S. oil refiner Citgo Petroleum on Thursday reported its second consecutive annual loss, of $160 million for 2021, as earnings were hit by a winter storm early in the year.

U.S. urged to toughen protections for women in temporary work programs

The U.S. government should take stronger action to fight discrimination and sexual harassment in temporary work programs for migrants, an advocacy group for Mexican women who complain of such abuse said on Thursday.

What happens if Russia turns off gas to Germany?

Germany has activated the first stage of an emergency plan to manage gas supplies in Europe's largest economy in preparation for a possible disruption or halt in natural gas supplies from Russia.

Microsoft's cloud business targeted by EU antitrust regulators

EU antitrust regulators are quizzing Microsoft's rivals and customers about its cloud business and licensing deals, a questionnaire seen by Reuters showed, in a move that could lead to a formal investigation and renewed scrutiny of the U.S. software company.

COVID weighing less and less on the U.S. job market

The coronavirus pandemic's grip on the U.S. job market notably loosened in March, two years after a state of emergency was declared, as the number of people homebound by COVID-19 concerns hit a new low and fewer people reported having to work remotely.

Wall St posts modest gains as jobs report keeps Fed hikes on track

The S&P 500 rose modestly to kick off the second quarter on Friday, as the monthly jobs report indicated a strong labor market and is likely to keep the Federal Reserve on track to maintain its hawkish policy stance.

CEO of Germany's Cewe 'massively obstructed' diversity -board

Christian Friege, chief executive of German photo service provider Cewe , obstructed diversity and the appointment of a woman as a board member, the company's board of trustees said on Friday.

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