September 2022

By Saeed Azhar NEW YORK (Reuters) -In less than two years at the helm of Citigroup Inc, Jane Fraser has unveiled plans to exit Russia in a bid to pare …

WASHINGTON (Reuters) – U.S. worker productivity plunged in the second quarter, leading to the largest year-on-year decline on record, the government confirmed on Thursday, keeping upward pressure on labor costs. …

By David Milliken LONDON (Reuters) – British businesses have increasingly high expectations for inflation and wage costs over the coming year, according to a Bank of England survey which is …

by Howell Township PBA, HOWELL, NJ – The Howell PBA purchased a new bicycle for Gianna today after her bicycle was destroyed by a car and the driver couldn’t afford …

By Sergio Goncalves LISBON (Reuters) -European policymakers should avoid taking rushed pro-cyclical measures in response to high inflation, which is expected to slow down over time and converge with European …

BERLIN (Reuters) – German autos association VDA dampened its forecast for the passenger car market in the United States and Europe on Thursday, citing inflation, interest rates and ongoing supply …

SANTIAGO (Reuters) – Chile is expected to raise its benchmark interest rate this month to 10.5% from 9.75%, a central bank poll of traders showed on Thursday, as the world’s …

By Jonathan Cable LONDON (Reuters) – Manufacturing activity across the euro zone declined again last month as consumers feeling the pinch from a deepening cost of living crisis cut spending, …

By Heekyong Yang and Ben Klayman SEOUL/DETROIT (Reuters) -After grabbing the No. 2 spot in the U.S. electric vehicle market with stylish, long-range models, Hyundai Motor and Kia are the …

By Mei Mei Chu and A. Ananthalakshmi KUALA LUMPUR (Reuters) – Rosmah Mansor, the former first lady of Malaysia, amassed hundreds of expensive Hermes Birkin handbags and diamond jewellery when …

By Rozanna Latiff KUALA LUMPUR (Reuters) -A Malaysian court on Thursday sentenced Rosmah Mansor, the wife of former Prime Minister Najib Razak, to a decade in prison for seeking and …

By Dominique Vidalon PARIS (Reuters) -Pernod Ricard reported forecast-beating annual results on Thursday, helped by price increases as the French spirits group benefited, like its rival Diageo, from drinkers trading …

OSLO (Reuters) -Sweden’s Volvo Cars will temporarily close its plant in the Chinese city of Chengdu due to local coronavirus restrictions, a company spokesperson said on Thursday. “Due to the …

MOSCOW (Reuters) – The Kremlin accused the European Union on Thursday of putting up barriers to the Russian energy firm Gazprom’s operations, as Russia’s gas exports decline and the crucial …

By Nupur Anand MUMBAI (Reuters) – India’s central bank is unlikely to give “shadow banks” exemptions from stricter bad-loan rules coming into force, sources told Reuters, essentially ending an advantage …

By Jorgelina do Rosario and David Lawder (Reuters) – Zambia won International Monetary Fund approval for a $1.3 billion, 38-month loan program on Wednesday, a crucial step in the southern …

(Reuters) -Farm equipment maker Deere & Co on Thursday named Joshua Jepsen as its chief financial officer, replacing Rajesh Kalathur, who was appointed to the role barely three months ago. …

By Ted Hesson WASHINGTON (Reuters) – The state of Texas bused a group of about 60 newly arrived migrants to Chicago on Wednesday, as Republican Governor Greg Abbott expands his …

By Simon Jessop and Huw Jones LONDON (Reuters) – The first stress tests to assess banks’ exposure to the risks of climate change are underestimating the worst-case scenario, the European …

BERLIN (Reuters) -Germany’s Lufthansa said it will have to cancel 800 flights on Friday, likely affecting 130,000 passengers, after the pilots’ union announced a one-day strike. The Vereinigung Cockpit (VC) …

A look at the day ahead in U.S. and global markets from Mike Dolan. Meteorological Autumn is upon us, Monday’s Labor Day holiday is in view and world markets are …

By Victoria Waldersee BERLIN (Reuters) -Volkswagen will accelerate its transition towards electric vehicles, but needs to find the right “rhythm” as it makes the shift, new Chief Executive Oliver Blume …

JARINJE, Kosovo (Reuters) -Dozens of U.S. NATO peacekeepers patrolled northern Kosovo on Thursday to preserve calm after Pristina announced that around 50,000 ethnic Serbs in the region would have to …

By Alexander Marrow MOSCOW (Reuters) – The owner of McDonald’s former restaurants in Russia has offered up to 151 million euros ($151 million) to buy Finnish packaging firm Huhtamaki’s local …