Business News

(Reuters) – Home Depot Inc’s Canadian arm was found to be sharing details from e-receipts related to in-store purchases with Facebook owner Meta Platforms Inc without the knowledge or consent …

SEOUL (Reuters) – South Korean manufacturers’ business sentiment for February weakened to the worst level in over two years, a central bank survey showed on Friday, hurt by heightened uncertainty …

By Herbert Lash NEW YORK (Reuters) -Global stock markets rallied and the dollar strengthened on Thursday after a slew of data showed a strong U.S. economy that is decelerating with …

By Jonathan Stempel NEW YORK (Reuters) -A former Deutsche Bank AG trader whose conviction for rigging the Libor rate benchmark was overturned has begun a $30 million legal action in …

By Rajesh Kumar Singh and Kannaki Deka (Reuters) -Southwest Airlines Co on Thursday warned of a loss in the current quarter as passengers shunned the carrier in the immediate aftermath …

PARIS (Reuters) – French carmaker Renault is offering workers to increase its 2023 budget for salaries by 7.5% in 2023 to help cope with the rising cost of living, three …

By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar edged higher against the euro on Thursday after data showed the U.S. economy maintained a strong pace of growth in …

By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) -Morgan Stanley has imposed financial penalties on employees who used messaging platforms such as WhatsApp for company business, according to two …

By Lucia Mutikani WASHINGTON (Reuters) – The U.S. economy grew faster than expected in the fourth quarter, but that likely exaggerates the nation’s health as a measure of domestic demand …

By Scott DiSavino NEW YORK (Reuters) – Oil prices rose about 2% on Thursday on expectations that global demand will strengthen as top oil importer China reopens its economy and …

By Sheila Dang and Diane Bartz (Reuters) -A landmark lawsuit by the U.S. Justice Department against Alphabet’s Google over its dominance of advertising technology could help rivals and websites that …

BOGOTA (Reuters) – Colombia’s economy has high growth potential, boosted by agriculture, tourism and interconnectivity between different economic sectors, but will continue to depend on its oil and mining industries, …

By Karl Plume CHICAGO (Reuters) -Archer-Daniels-Midland Co on Thursday said robust soy crushing margins and hefty global demand for crops had propelled the U.S. grains merchant to a record fourth-quarter …

By Huw Jones LONDON (Reuters) – An industry body set out a global framework on Thursday for trading derivatives linked to cryptoassets to avoid FTX-style collapses sowing confusion over ownership. …

By Foo Yun Chee BRUSSELS (Reuters) – Sony’s gaming chief Jim Ryan met EU antitrust chief Margrethe Vestager on Wednesday to discuss Microsoft’s $69 billion bid for “Call of Duty” …

By Chris Prentice and Michelle Price NEW YORK (Reuters) – A top official with the U.S. Commodity Futures Trading Commission (CFTC) is pressing lawmakers to give regulators authority to dig …

By Makiko Yamazaki and Kevin Krolicki TOKYO (Reuters) – Toyota’s chief executive will step down as head of the company his grandfather founded, the automaker said on Thursday, handing over …

(Reuters) – U.S. Senate Finance Committee Chair Ron Wyden on Thursday said Congress must do more to raise taxes on oil companies’ stock buybacks after Chevron Corp announced it would …

(Reuters) – Bank of America Corp has promoted 360 employees to managing directors, with more than 50% of them representing women and people of color, a source familiar with the …

PARIS (Reuters) – Bernard Arnault, the boss of luxury giant LVMH and the world’s richest man, brushed away questions about his succession with a joke on Thursday. The 73-year old …

By Mimosa Spencer PARIS (Reuters) -Luxury goods group LVMH’s sales rose 9% in the fourth quarter as shoppers in Europe and the United States splurged over the crucial holiday season, …

By Tom Hals WILMINGTON, Del. (Reuters) – Shareholders can sue McDonald Corp’s former global chief people officer for the damage they claim he caused to the restaurant chain by allegedly …

By Alessandro Diviggiano SANYA, China (Reuters) – China’s scrapping of travel curbs this month is expected to revive demand in the global luxury retail market, but many consumers see more …

By Aishwarya Nair and Abhijith Ganapavaram (Reuters) -U.S. airlines expect strong travel demand that drove record fourth-quarter revenues to continue into 2023, but economic uncertainty and burgeoning labor and operations …