Business News

By Isla Binnie and David French – Can oil bankers learn renewable tricks? They may need to in this climate, judging by the experience of Douglas MacKenzie, a Citigroup banker …

By Miguel Lo Bianco and Horacio Soria BUENOS AIRES – Thousands of Argentines marched through the streets of Buenos Aires on Tuesday to protest against a likely deal with the …

By Joseph White DETROIT – General Motors Co plans to increase production of electric trucks and Cadillac sport utility vehicles this year by more than six times the previously planned …

By Supantha Mukherjee and Foo Yun Chee STOCKHOLM/BRUSSELS – The European Commission’s plan to make the continent more lucrative for investing in semiconductor factories will likely skew the benefits towards …

By Adriana Barrera MEXICO CITY – The top U.S. business lobby in Mexico on Tuesday raised concerns about a bill that would strengthen state control of the power market at …

By Tina Bellon and Nivedita Balu -Lyft Inc’s first full-year adjusted profit and a spike in pricey airport trips were overshadowed by a drop in ridership due to Omicron, which …

-Boeing Co said on Tuesday it delivered 32 aircraft in January as its sidelined 787 Dreamliner program continued to weigh on the planemaker’s ability to capitalize on a recovery in …

By Noel Randewich and Bansari Mayur Kamdar – Wall Street ended sharply higher on Tuesday, lifted by Apple and Microsoft, while a jump in Treasury yields elevated bank stocks ahead …

SYDNEY – A measure of Australian consumer sentiment fell for a third month in February as higher living costs from petrol to rent undermined finances and overshadowed an easing in …

By Manas Mishra and Michael Erman – Pfizer Inc said on Tuesday it expects 2022 sales of its COVID-19 vaccine and antiviral pill to top $54 billion, but that fell …

MEXICO CITY -Mexican telecommunications giant America Movil said on Tuesday its fourth quarter net profit more than tripled from the year-ago period, boosted by its sale of its TracFone wireless …

-Nikola Corp’s supply-chain department is “intact” and it continues to hire, the electric-truck maker said on Tuesday, in response to a report that it had hit pause on hiring amid …

By Julie Gordon and Rod Nickel OTTAWA – Protests in Canada against vaccine mandates have disrupted two key U.S. border crossings, and are snarling hundreds of millions of dollars daily …

SAO PAULO – Brazilian lender Banco Bradesco on Tuesday posted fourth-quarter net income slightly below analysts’ estimates, but indicated a bright outlook for 2022 despite dim growth forecasts for Latin …

By Praveen Paramasivam and Hilary Russ – Chipotle Mexican Grill Inc beat Wall Street estimates for quarterly profits and comparable sales on Tuesday as higher demand and prices for its …

By Jody Godoy – A U.S. judge on Tuesday upheld a rule that allows national banks to sell loans without adhering to state interest rate caps, rejecting three states’ claims …

By Jarrett Renshaw and Nandita Bose WASHINGTON -President Joe Biden on Tuesday announced that an Australian company that makes chargers for electric vehicles will build a manufacturing facility in Tennessee, …

By Subrat Patnaik and Aishwarya Nair -Peloton Interactive Inc will replace its chief executive and cut about 2,800 jobs, the company said on Tuesday, as the exercise bike maker looks …

WASHINGTON -The Biden administration is in talks with both oil-producing and consuming countries to tackle high oil prices, White House spokeswoman Jen Psaki said on Tuesday, adding that all options …

By Dietrich Knauth -A mediator reported on Tuesday that members of the Sackler family that own Purdue Pharma and U.S. states opposed to the OxyContin-maker’s bankruptcy exit plan are “even …

By Fergal Smith TORONTO – Canada’s main stock index rose on Tuesday to its highest level in over three weeks as gains for financial and industrial shares offset a decline …

By Chris Prentice and Marc Jones WASHINGTON/LONDON – Big Tech gave major U.S. stock indexes a boost on Tuesday and European shares ended largely unchanged as a sharp fall in …

By Nichola Saminather TORONTO – Canada’s largest stock market operator, TMX Group, plans to launch its first cryptocurrency futures product in response to institutional investors’ desire to offset the risks …

By Tom Sims and Christoph Steitz FRANKFURT – Cerberus placed 15 million shares in Deutsche Bank, a term sheet from the investment bank running the sale showed on Tuesday, making …

By David Shepardson WASHINGTON – U.S. President Joe Biden publicly acknowledged the role of Tesla in U.S. electric vehicle manufacturing on Tuesday, after Chief Executive Elon Musk repeatedly complained about …