By Vivek Mishra BENGALURU – Thailand’s economy likely returned to growth in the fourth quarter thanks to robust exports and easing of COVID-19 curbs, but the suspension of a quarantine…
SHANGHAI – China’s “dynamic clearance” strategy aimed at minimising COVID-19 infections is boosting the economy, not undermining it, the country’s top anti-corruption body said on Friday in response to concerns…
By David Shepardson WASHINGTON – The next head of the U.S. Federal Aviation Administration (FAA) will face challenges overseeing Boeing Co and a series of reforms mandated by Congress in…
By Daniel Leussink TOKYO – Japan’s core consumer prices rose for a fifth straight month in January but at a slower pace than in the previous month, boosting the likelihood…
Philip Lenczycki on February 17, 2022 Eight countries and hundreds of human rights organizations have condemned China for committing human rights violations against minorities. Yet NBC’s coverage of the 2022…
By Florence Tan SINGAPORE -Spot premiums for crude oil produced in Europe and the Middle East have rocketed to record highs this month, tracking a rally in global prices as…
By Yuka Obayashi and Heekyong Yang TOKYO/SEOUL -Asian refiners, traditionally big buyers of Iranian oil, are keen to resume imports from Iran if there is an agreement to revive a…
By John Kemp LONDON -U.S. distillate fuel oil stocks are on course to fall critically low between now and the middle of the year, creating conditions for a potential spike…
MEXICO CITY -Mexican distiller Becle, the parent company of the popular Jose Cuervo tequila brand, on Thursday reported fourth-quarter net profit surged by nearly three-quarters, spurred by sales growth in…
MEXICO CITY – Steel producer Ternium plans to spend around $1 billion on expanding its plant in northern Mexico, a top executive said during a call to discuss fourth-quarter results.…
By Chuck Mikolajczak NEW YORK – U.S. stocks slid on Thursday, with the S&P 500 marking its biggest daily percentage drop in two weeks, as investors shifted to defensive sectors…
– Warren Buffett said Berkshire Hathaway Inc’s recent investment in Activision Blizzard Inc has been “no bonanza” for Berkshire, and was made without knowing the video game maker would receive…
WASHINGTON – The Federal Communications Commission (FCC) said on Thursday that voice service providers Bandwidth Inc and Vonage Holding lost a partial exemption from standards aimed at stopping robocalls and…
-Specialty chemicals company Celanese Corp is nearing a deal to buy DuPont de Nemours Inc’s mobility and materials unit for more than $10 billion, Bloomberg News reported on Thursday, citing…
By Jonnelle Marte -The Federal Reserve will need to move more aggressively to remove accommodation than it did following the Great Recession by raising interest rates at a faster pace…
– Abbott Laboratories said on Thursday it was recalling powdered baby formulas, including Similac, made at a Michigan facility after four consumers complained about bacterial infections in infants who consumed…
– Roku Inc reported quarterly revenue on Thursday that missed estimates, as the company was hit by supply chain issues that affected sales of television sets and its own streaming…
By Jonathan Stempel NEW YORK -Tesla Inc and its Chief Executive Elon Musk on Thursday accused the U.S. Securities and Exchange Commission (SEC) of harassing them with an “endless” and…
-Shake Shack Inc forecast first-quarter revenue below estimates as the fast-spreading Omicron variant kept diners away and led to temporary restaurant closures, sending the burger chain’s shares down 10% in…
WASHINGTON – The U.S. Federal Trade Commission, which enforces consumer protection rules, voted on Thursday to embark on regulations that would allow it to win back money from companies that…
– Major investment banks have pencilled 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…
– Morgan Stanley expects the U.S. Federal Reserve to raise interest rates six times this year for a total of 150 basis points, a faster increase than previously predicted, according…
By Gertrude Chavez-Dreyfuss and Caroline Valetkevitch NEW YORK -The safe-haven Japanese yen and Swiss franc climbed to two-week peaks against the U.S. dollar on Thursday, on worries about escalating Russia-Ukraine…
– U.S. officials held discussions with Saudi Arabia about a “collaborative approach” to managing potential market pressures stemming from a possible Russian invasion of Ukraine, the White House said on…
– Bitcoin dropped 7.4% to $40,631.78 at 2205 GMT on Thursday, down $3,248.05 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is down 15.3% from the year-to-date…