By Peter Hobson LONDON (Reuters) -United States-based aluminium producer Alcoa wrote to the London Metal Exchange (LME) three times in September and October, asking for a boycott of Russian metal…
(Reuters) -Kellogg Co raised its full-year sales and profit forecasts on Thursday as demand for pricier cereals and snacks stays strong in North America amid relentless cost pressures. The cereal…
By Kannaki Deka (Reuters) -Peloton Interactive Inc on Thursday forecast holiday-quarter revenue below estimates and the fitness equipment maker warned that a challenging macro-economic environment could affect its goal of…
WASHINGTON (Reuters) – The U.S. Department of Energy on Thursday said six companies had been awarded contracts for the latest sale of oil from the Strategic Petroleum Reserve. The contracts…
By Gabriel Araujo and Kylie Madry SAO PAULO/MEXICO CITY (Reuters) -Steelmaker Ternium reported an 84% drop in its third-quarter net income to $220 million on Thursday, hurt by lower realized…
BERLIN (Reuters) – Buyers of a BMW should be able to order a car directly from the manufacturer in the future with no need to involve a car dealer, its…
By Nick Carey (Reuters) – Carmakers BMW and Stellantis on Thursday expressed concerns about Europe’s economic outlook, joining a chorus of retailers and others in warning of waning consumer confidence…
By Sergio Goncalves LISBON (Reuters) -Mark MacGann, the whistleblower behind the so-called Uber Files, said on Wednesday that the ride-hailing company seemed to be taking steps toward improving its work…
(Reuters) -EV maker Nikola Corp said it will miss its goal of delivering at least 300 semi-trucks this year and declined to issue fresh forecasts as companies cut back spending…
(Reuters) -Roku Inc shares dropped 14% to a more than three-year low on Thursday following downbeat forecasts a day earlier, as the streaming tech provider suffers from a collapse in…
By Susanna Twidale, Isla Binnie and Kate Abnett (Reuters) – Europe’s plan to roughly double renewable power generation by the end of the decade to cut its emissions and reliance…
(Reuters) – The Federal Reserve will take its benchmark policy rate above 5% by March and keep it there for most of 2023 in a bid to squeeze inflation out…
WASHINGTON (Reuters) -The United States is not in a recession, White House chief of staff Ron Klain said on Thursday, adding that economic data showed the nation’s economy was solid.…
WASHINGTON (Reuters) – New orders for U.S.-manufactured goods increased moderately in September as a surge in bookings for civilian aircraft was partially offset by declines elsewhere, suggesting a loss of…
By Julie Gordon OTTAWA (Reuters) -Canada’s exports rose in September, largely driven by better wheat volumes and prices, while imports were also up, with both import and export values impacted…
By Ted Hesson and Jackie Botts (Reuters) – U.S. sponsors applying to bring Venezuelans into the United States under a new program are receiving approvals in hours or days, a…
By Foo Yun Chee BRUSSELS (Reuters) -The European Commission will propose light-touch rules for Airbnb and other short-term home rental companies, people familiar with the matter said. Under the draft…
(Reuters) – Stripe Inc, the digital payments giant which was valued at $95 billion in its last funding round, is cutting its headcount by about 14% as startups trying to…
By Manya Saini (Reuters) -Intercontinental Exchange topped market estimates for third-quarter profit on Thursday on the back of robust trading volumes and demand for investment products, sending shares of the…
By Sam Tobin LONDON (Reuters) -A British subsidiary of mining and trading group Glencore was ordered to pay a total penalty of 276.4 million pounds ($310.6 million) in a London…
By Conor Humphries DUBLIN (Reuters) -The world’s top aircraft lessor AerCap on Thursday raised its earnings outlook for the year, citing surprisingly strong air traffic and growing demand for long-distance,…
By Lucia Mutikani WASHINGTON (Reuters) -The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting the labor market remains strong despite slowing domestic demand amid…
By Allison Lampert and Abhijith Ganapavaram (Reuters) – Bombardier Inc on Thursday reported a smaller adjusted loss in the third quarter, as robust demand for private jet travel boosted the…
PARIS (Reuters) – Some of the world’s most famous glaciers, including in the Dolomites in Italy, the Yosemite and Yellowstone parks in the United States and Mount Kilimanjaro in Tanzania…
By Marco Trujillo MADRID (Reuters) – Thousands of Spaniards packed Madrid’s landmark Plaza Mayor square on Thursday to demand higher pay in the first mass protest since the start of…