Business News

(Reuters) – The United Auto Workers will walk off the job at an additional plant each at General Motors and Ford, but will spare Stellantis after last-minutes concessions by the …

By Padraic Halpin and Max A. Cherney LEIXLIP, Ireland (Reuters) -Chipmaker Intel said on Friday it had begun high-volume production using extreme ultraviolet (EUV) lithography machines at its $18.5 billion …

By Savyata Mishra (Reuters) -Nike shares climbed as much as 11% on Friday as the company further trimmed its inventory ahead of the all-important holiday shopping season and forecast improved …

By Bansari Mayur Kamdar (Reuters) – Investors continued piling into exchange-traded funds (ETFs) that track U.S. government debt in the third quarter, with retail investor flows hitting their highest level …

By Tatiana Bautzer NEW YORK (Reuters) – Citigroup CEO Jane Fraser said on Friday that top employees were on board with the company’s sweeping reorganization, and that there was “no …

(Reuters) – United Airlines’ pilots have ratified a new four-year contract that includes a significant pay increase and other benefits, the union representing the pilots said on Friday. A committee …

By Francesco Canepa and Maria Martinez FRANKFURT (Reuters) -Inflation in the euro zone fell to its lowest level in two years in September, suggesting the European Central Bank’s steady diet …

By Echo Wang and Pablo Mayo Cerqueiro NEW YORK/LONDON (Reuters) – Bankers and investors are embracing a degree of optimism for the IPO market following a slew of major market …

MEXICO CITY (Reuters) – Mexico’s main auto industry association on Friday urged Mexican authorities to step up efforts to work with the United States to deal with a “migration crisis” …

(Reuters) – Walgreens Boots Alliance Inc is considering former Cigna Group executive Tim Wentworth to be its next chief executive, Bloomberg News reported on Friday, citing people familiar with the …

WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission on Friday charged Newell Brands and former CEO Michael Polk with misleading investors about sales. In a settlement, Newell and Polk, …

By Byron Kaye and Scott Murdoch SYDNEY (Reuters) – The blocking of three major deals by Australia’s antitrust regulator in the past year was a coincidence, its chair told Reuters, …

(Reuters) -Japan’s Sony Group Corp said on Friday a merger of its Indian unit with Zee Entertainment Enterprises, which had an initial deadline of September, would take a few more …

By Laura Matthews NEW YORK (Reuters) – Delays of vital economic data releases could trigger financial market volatility if a U.S government shutdown goes ahead this weekend and drags on …

By Jody Godoy (Reuters) – The U.S. Supreme Court on Friday agreed to consider whether shareholders can sue companies for fraud when they flout a rule requiring them to disclose …

WASHINGTON (Reuters) -Albemarle Corp will pay more than $218 million, including more than $103 million to financial regulators, to settle a U.S. probe into its scheme to bribe government officials …

By David Ljunggren OTTAWA (Reuters) -Canada’s economy stalled in July and edged up slightly in August, data showed on Friday, highlighting a recent sluggish performance that prompted markets to trim …

(Reuters) – U.S. equity funds witnessed robust outflows in the seven days to Sept. 27 on worries about a potential extension of the Federal Reserve’s restrictive monetary policy and a …

(Reuters) – Fisker Inc has raised $150 million from an existing institutional investor through the issue of convertible bonds with an additional $550 million in funding available, the electric-vehicle startup …

PARIS (Reuters) -The Paris public prosecutor’s office confirmed on Friday that it is investigating financial transactions involving LVMH owner Bernard Arnault and Russian businessman Nikolai Sarkisov. It confirmed the opening …

(Repeats to additional subscribers) ZURICH (Reuters) -Credit Suisse has shed nearly 13% of its workforce in the past 12 months, underlining the turmoil at the bank that was taken over …

NEW YORK (Reuters) – U.S. consumer spending increased in August, but underlying inflation moderated, with the year-on-year rise in prices excluding food and energy slowing to below 4.0%. With gasoline …

By Darya Korsunskaya and Alexander Marrow (Reuters) – Russia’s annual budget spending on servicing its state debt will more than double to 3.32 trillion roubles ($34.24 billion) between now and …

By David Milliken and Andy Bruce LONDON (Reuters) – Britain’s economic performance since the start of the COVID-19 pandemic has been much stronger than previously thought, with faster growth than …