(This Feb. 18 story has been refiled to fix spelling of Philipp in paragraph 13) By Emma-Victoria Farr and Alexander Hübner – German artificial limb maker Ottobock is waiting until…
By Karin Strohecker LONDON – A potential invasion of Ukraine by neighbouring Russia would be felt across a number of markets, from wheat and energy prices and the region’s sovereign…
– NextEra Energy Inc said one of its units recorded an $800 million impairment charge in the first quarter as the U.S. renewable energy company re-evaluates its investment in the…
MILAN – KKR could block any move by Telecom Italia (TIM) to carve out a network company by vetoing a transfer of last-mile landline unit FiberCop, La Stampa reported on…
BUDAPEST – Hungary’s government hopes inflation will ease back to below 6% by the end of 2022 after hitting a near 15-year high of 7.9% at the start of the…
SHANGHAI -China’s securities regulator will put more emphasis on preventing and resolving bond default risks, and will deepen bond issuance reforms and strengthen regulation, a summary of a meeting posted…
– Major investment banks have penciled in a strong run of interest rate hikes for 2022 after hotter-than-expected inflation data ramped up pressure on the Federal Reserve to take a…
By Svea Herbst-Bayliss BOSTON -A U.S. federal judge ruled that Nuveen and trustees of its closed-end funds violated the Investment Company Act by stripping hedge fund Saba Capital of its…
By Gayatri Suroyo and David Lawder JAKARTA/WASHINGTON -Russia and China watered down a G20 finance leaders’ statement on geopolitical risks to the global economy as a contentious meeting ended on…
By David Lawder and Andrea Shalal WASHINGTON – Canadian Finance Minister Chrystia Freeland stepped well beyond economic policy at a G20 finance meeting on Friday to issue an “impassioned” warning…
LOS ANGELES – There are plans for a series of truck convoys to arrive in Washington D.C. around the time of the State of the Union address to be given…
(Corrects typographical error in paragraph 4) By Chavi Mehta and Nivedita Balu – Intel Corp’s latest focus on making chips to meet rising demand will give Advanced Micro Devices Inc,…
By Jonnelle Marte and Howard Schneider -Federal Reserve officials on Friday squelched what had been rising market expectations for an aggressive initial response to 40-year-high U.S. inflation, signaling that steady…
By Susan Mathew and Noel Randewich – Wall Street ended lower on Friday after escalating tensions in Ukraine and U.S. warnings of a potential Russian invasion prompted investors to dump…
– Federal Reserve chief Jerome Powell will testify before Congress on March 2 and 3 in what are likely to be his final public remarks on monetary policy before the…
– Canada’s Brookfield Asset Management Inc is looking to raise $25 billion for its fifth flagship infrastructure fund, Bloomberg News reported on Friday. Brookfield has already started marketing the fund…
By Tim Hepher -A UK judge ordered planemaker Airbus to delay any practical impact of a decision to revoke a $6 billion jet order from Qatar Airways for several weeks,…
By Laura Sanicola -Oil prices ended the week mixed on Friday as investors weighed a potential supply disruption resulting from the Russia-Ukraine crisis against the prospect of increased Iranian oil…
By Nia Williams CALGARY, Alberta -Canada said on Friday it will halt any further public funding for the Trans Mountain oil pipeline expansion, after the government-owned company behind the project…
By Fergal Smith TORONTO – Canada’s main stock index fell on Friday to a three-week low as geopolitical uncertainty weighed on investor sentiment ahead of a long weekend, with energy…
By Jonathan Stempel NEW YORK – A new U.S. lawsuit filed on Friday accuses L’Oreal SA of causing American shoppers to overpay for its beauty products by misleading them into…
– Packaged food maker Kraft Heinz Co said on Friday it plans to appoint Chief Executive Officer Miguel Patricio as its chair, replacing Alexandre Behring who will retire at the…
By Rajesh Kumar Singh CHICAGO – American Airlines Group Inc said on Friday it plans to further trim its summer schedule due to Boeing Co’s delay in delivering 787 Dreamliner…
By Andrea Shalal, Jonathan Landay and Arshad Mohammed WASHINGTON -The World Bank’s management has approved a plan to use some $1 billion in a frozen Afghanistan trust fund for education,…
By David Shepardson WASHINGTON -General Motors Co and its self-driving technology unit Cruise have petitioned U.S. regulators for permission to build and deploy a self-driving vehicle without human controls like…