WASHINGTON – U.S. manufacturing activity unexpectedly slowed in March as tight supply chains continued to drive input prices higher, but factories boosted hiring, allowing them to reduce the backlog of…
By Mayela Armas and Maria Ramirez GUANTA/CARACAS – On the outskirts of the eastern Venezuelan port town of Guanta, hundreds of trucks line up everyday to unload tons of scrap…
By Sarah Morland and Ludwig Burger (Reuters) -Sanofi plans to list its drug ingredients subsidiary EUROAPI on May 6, saying the business is set to grow and improve its profitability…
By Aditi Shah NEW DELHI – Carmakers in India reported a sharp rise in annual sales for the fiscal year 2022 on Friday, but warned of future risks from global…
TORONTO – Canadian manufacturing activity expanded at a record pace in March as restrictions to contain the coronavirus pandemic eased and demand conditions improved, although the Russia-Ukraine war contributed to…
MADRID – Spain expects international tourist arrivals to reach 80% of pre-pandemic volumes in the second quarter as northern Europeans shrug off concerns over the Ukraine conflict and return en…
(Adds dropped word from company name in 13th paragraph in story from Wednesday) By John McCrank NEW YORK -The dollar dropped to a nearly two-week low on Wednesday as optimism…
By Gilles Guillaume PARIS – Sales of new electrified vehicles in France overtook petrol-powered equivalents for the first time in the first quarter, a major milestone for lower-emission vehicles amid…
By Balazs Koranyi FRANKFURT – Euro zone inflation surged to 7.5% in March, hitting another record high with months still left before it is set to peak, raising pressure on…
By David Shepardson WASHINGTON -Ford Motor Co is recalling 737,000 vehicles in the United States over a part that could develop an oil leak and a software error that could…
By Shanima A (Reuters) – Russian steelmaker Evraz, whose biggest shareholder is sanctioned billionaire Roman Abramovich, on Friday scrapped plans to separate its coal assets, citing sanctions on Moscow following…
MADRID – New car registrations in Spain fell more than 30% in March as a partial trucker strike delayed deliveries of vehicles and parts and deepened existing supply-chain issues, industry…
NEW YORK – U.S. job growth continued at a brisk clip in March, with the unemployment rate falling to a new two-year low of 3.6% and wages re-accelerating, positioning the…
By Ann Saphir (Reuters) – Chicago Federal Reserve President Charles Evans on Friday repeated his view that the U.S. central bank will likely need to make seven quarter-of-a-percentage-point interest rate…
JERUSALEM -Israel and the United Arab Emirates have concluded negotiations for a free trade agreement, Israel’s Economy Ministry and the UAE foreign trade minister said on Friday after formally establishing…
By Lefteris Papadimas ATHENS – Greece’s economy is expected to expand 3.5% this year due to higher energy prices and the Ukraine crisis, the International Monetary Fund said on Friday,…
By David Randall NEW YORK – Which market has it right? With the first quarter of 2022 over, the U.S. stock and bond markets appear to be conveying drastically different…
LONDON -An inflationary wave unleashed by the war in Ukraine and the response to COVID may be hard to stop because of an energy price shock, sanctions that are exacerbating…
(Reuters) – Shares of GameStop Corp jumped 15% in premarket trading on Friday after the video game retailer at the heart of last year’s retail trading frenzy said it would…
(Reuters) – The oversight body of the Basel Committee on Banking Supervision (BCBS) said on Friday it has appointed Tiff Macklem as its new chair, effective immediately. The BCBS constitutes…
(Reuters) – U.S. money market funds lured big inflows in the week to March 30 as investors flocked to safer assets due to concerns that the Federal Reserve’s aggressive stance…
By Joseph White DETROIT – Major automakers are expected to report on Friday that first-quarter U.S. car and light truck sales fell sharply compared to a year ago, with more…
SINGAPORE – The Chinese capital Beijing will largely wean itself off coal by 2035, when its total energy use is expected to peak at the equivalent of 90 million tonnes…
(Fixes to say the inflow amount is in U.S. dollars in the sixth para) (Reuters) -Global bond funds drew their first weekly inflow in about three months in the week…
(Reuters) – AerCap Holdings NV will provide 12 new Airbus aircraft to Italian state-owned carrier ITA Airways starting next year, the world’s top aircraft lessor said on Friday. AerCap, which…