Canada’s inflation rate surges to a fresh 30-year high
By Julie Gordon and Ismail Shakil -Canada’s annual inflation rate accelerated in February to hit a fresh 30-year high, with broad price gains hitting consumers on all fronts, data showed…
By Julie Gordon and Ismail Shakil -Canada’s annual inflation rate accelerated in February to hit a fresh 30-year high, with broad price gains hitting consumers on all fronts, data showed…
-Walmart Inc said on Wednesday it plans to hire more than 50,000 workers in the United States in the first quarter, as the U.S. retailer looks to bolster its fulfillment…
LONDON – The London Metal Exchange (LME) will resume electronic nickel trading on Wednesday afternoon and is considering hiking its 5% price limit for the following day, the exchange said.…
By Huw Jones and Carolyn Cohn LONDON – Britain’s financial watchdog said on Wednesday it is talking to fund managers about how to handle Russian assets rendered worthless by sanctions,…
By Mayank Bhardwaj NEW DELHI – India is rolling out measures to help the country become a major exporter of high-quality wheat as importers scramble for supplies after Russia’s invasion…
WASHINGTON – U.S. import prices increased strongly in February, boosted by strong gains in petroleum and food costs, indicating that inflation would remain uncomfortably high for a while. Import prices…
MILAN – Exor, the holding company of Italy’s Agnelli family, has increased its stake in Dutch-based mobile network operator Veon to 5.08% as of March 3, documents published by the…
By Nick Carey LONDON – Where you go. What you pass. Where you stop. What you listen to. What you watch. Your good habits. Your bad habits. Companies in Europe…
BERLIN -Volkswagen Group China said on Wednesday it would as a precautionary measure pause production for another day in Changchun due to COVID cases, but would resume production in Shanghai…
By Yimou Lee and Sophie Yu TAIPEI/BEIJING -China is allowing Apple Inc supplier Foxconn’s Shenzhen operations and construction sites in Shanghai to resume work on condition that their employees live…
SAO PAULO – Brazilian planemaker Embraer SA said on Wednesday that its electric vertical take-off and landing (eVTOL) aircraft subsidiary Eve has signed a letter of intent with Global Crossing…
– The ball is in the United States’ court as to whether payments due on Wednesday on two Russian dollar-denominated Eurobonds will go through, and Washington should clarify whether the…
– Sibur, Russia’s largest petrochemical producer, said on Wednesday that Dmitry Konov, who has been the company head since 2006, is leaving senior management positions following Western sanctions over Ukraine.…
By Yadarisa Shabong -NortonLifeLock’s $8.6 billion purchase of Avast hit a snag on Wednesday after Britain’s anti-trust regulator said it would launch a deeper investigation into the proposed cybersecurity merger…
SHANGHAI – Hong Kong stocks jumped 9% on Wednesday to mark their best day since 2008, after China’s top policymaker assured markets of stability and support and helped put a…
By Jane Lanhee Lee – SiFive, Inc., a RISC-V chip technology startup in Silicon Valley, said on Wednesday it raised $175 million in its latest round of funding and is…
LONDON – International bondholders were still waiting on Wednesday to see whether or not Russia would make crucial coupon payments due on two of its government bonds. One bondholder who…
WASHINGTON -The United States and the United Kingdom will kick off trade talks next week, the U.S. Office of the Trade Representative (USTR) and the British government said on Wednesday.…
– Telecoms giant Verizon Communications Inc said on Wednesday it had secured new business worth almost $1 billion from the U.S. Department of Defense to provide technical support and network…
By Leika Kihara and Kantaro Komiya TOKYO -Japan’s Prime Minister Fumio Kishida signalled a fresh stimulus package on Wednesday, saying the government is ready to take further steps to cushion…
By Tetsushi Kajimoto TOKYO -Japan’s top firms have offered pay rises of more than 2% at annual wage talks that wrapped up on Monday, marking an uptick from the previous…
BEIJING – The conditions are not right for China to expand a property tax trial this year, state-run Xinhua news agency quoted the finance ministry as saying on Wednesday, suggesting…
By Gaurav Dogra – Emerging Asian bonds excluding China continued to see foreign inflows for a 21st straight month in February, but analysts are turning pessimistic about the outlook due…
By Kate Abnett BRUSSELS – Around 100 European Union lawmakers asked Brussels on Wednesday to withdraw plans to label energy investments in gas as green, saying this undermined Europe’s push…
By Kantaro Komiya and Leika Kihara TOKYO -Japan will revoke Russia’s most-favoured nation trade status as part of further sanctions against Moscow following the invasion of Ukraine, Prime Minister Fumio…