By Fergal Smith TORONTO – The Canadian dollar strengthened against its U.S. counterpart on Wednesday as oil prices rose and domestic data showed inflation further heating up in January. Canada’s…
WASHINGTON – Production at U.S. factories increased moderately in January as motor vehicle output fell for a second straight month amid an ongoing global shortage of semiconductors. Manufacturing output gained…
-Preferred Apartment Communities Inc said on Wednesday a Blackstone Inc unit would buy it in a $5.8 billion deal, as the world’s biggest alternate asset manager ramps up investments in…
PARIS – Wall Street bank Goldman Sachs said its Private Wealth Management division had opened up a new office in the high net-worth hub of Monaco as part of broader…
By Joseph White DETROIT – Luxury automaker Jaguar Land Rover and Silicon Valley artificial intelligence company Nvidia said Wednesday they will collaborate to develop the computer brains and nervous systems…
By Paresh Dave NEW YORK – Alphabet Inc’s Google on Wednesday said it would keep alive for at least two years a tracking technology on its Android phones that is…
LISBON -Ryanair expects average air fares during this year’s summer peak season to be significantly higher than pre-COVID ticket prices in the same period in 2019, Group Chief Executive Michael…
By Arriana McLymore and Siddharth Cavale NEW YORK, NY – When Walmart on Thursday reports how it fared during the holiday quarter, investors also will want to see how higher…
By Stephen Jewkes MILAN – Italy’s Saipem is set to take a more cautious approach to new green business after delays to a wind farm project helped to tip the…
By Darya Korsunskaya and Andrey Ostroukh MOSCOW -Possible western sanctions against Russian banks will lead to a spike in market volatility but Russia will be able to withstand restrictions thanks…
By Joyce Lee SEOUL – Unionised workers of Samsung Electronics have threatened what would be an unprecedented strike at the tech giant if their demands for higher pay and better…
SAO PAULO – Embraer SA’s electric aircraft subsidiary Eve has received orders from Australian charter firms Aviair, HeliSpirit and Microflite for up to 90 electric vertical take-off and landing aircraft…
LONDON – Britain’s inflation rate hit its highest since March 1992 in January when it rose to 5.5% and is expected to extend its climb to above 7% in April,…
By Gabriela Baczynska BRUSSELS – The European Union’s top court on Wednesday cleared the way to cut billions of euros of funds to Poland and Hungary, whose populist rulers the…
– Oil and gas producer Crescent Energy said on Wednesday it would buy around 145,000 net acres of oil- and gas-producing assets in the Uinta Basin of Utah from privately…
-Hilton Worldwide Holdings Inc topped analyst estimates for quarterly profit and revenue on Wednesday, as higher vaccinations and a rebound in travel demand during the holiday period boosted occupancy rates…
By Steven Scheer JERUSALEM -Israel’s economy grew at its fastest pace in 21 years in 2021 as consumer spending, exports and investment rebounded with double-digit gains following a pandemic-stifled 2020,…
By Mathieu Rosemain PARIS – France’s Atos aims to double its global market share in supercomputing to about 16% by around 2026, one of its executive said, stepping up European…
By Supantha Mukherjee STOCKHOLM – Shares of Ericsson fell more than 12% on Wednesday after the Swedish telecom gear maker disclosed results of an internal investigation that detailed suspect payments…
By Steven Scheer JERUSALEM – Wix.com, which helps small businesses build and operate websites, reported on Wednesday a wider fourth-quarter loss and said it could not provide estimates for 2022…
By Marc Jones LONDON – The risk of material credit rating pressures from the current tensions between Russia and Ukraine is low, Moody’s said on Wednesday, unless the situation continues…
BERLIN – Finance chiefs from the Group of 20 major economies will address international financial stability at their meeting this week and reference to the issue can be expected in…
BERLIN -Volkswagen could decide on where it will build a new electric-vehicle plant by the end of March, and plans to boost overall output in the second half of 2022…
BERLIN – Germany’s cabinet backed a tax relief package for workers and businesses on Wednesday, a government source said, aiming to mitigate the impact of the pandemic on Europe’s largest…
By Gertrude Chavez-Dreyfuss NEW YORK – Fireblocks, an infrastructure provider for cryptocurrencies, has acquired First Digital, a stablecoin and digital asset payments technology platform. Fireblocks and First Digital said on…