Business News

(Reuters) – Organized crime rings in New York, San Francisco, Los Angeles and Houston are targeting retail inventories, causing more financial loss, according to a report by the National Retail …

By Marc Jones LONDON (Reuters) -Higher interest rates and a near stalling of Europe’s economy will put pressure on the credit ratings of the region’s companies, property firms and banks …

By Bansari Mayur Kamdar and Sruthi Shankar (Reuters) -European shares fell for a fourth day on Tuesday, with rate-sensitive technology and real estate stocks pressured by surging bond yields, while …

By Chibuike Oguh NEW YORK (Reuters) – Shares of electric-vehicle startup Fisker Inc rose by more than 20% on Tuesday after the company reaffirmed its plan to increase deliveries of …

By Tim Hepher PARIS (Reuters) -Airbus confirmed the appointment of sales chief Christian Scherer as CEO of its core planemaking operation on Tuesday, restoring dedicated leadership of its main business …

By Scott Murdoch SYDNEY (Reuters) – A major group of offshore creditors of China Evergrande Group is planning to join a court petition to liquidate the cash-strapped developer if it …

LONDON (Reuters) – Three-quarters of companies globally are not ready to have their environmental, social and governance (ESG) data audited externally months before new regulations kick in, according to a …

By Milana Vinn NEW YORK (Reuters) – Cisco Systems’ $28 billion deal for Splunk is likely to prompt other technology giants to splash out on similar acquisitions of software vendors …

By Ann Saphir (Reuters) -A “soft landing” for the U.S. economy is more likely than not, Minneapolis Federal Reserve Bank President Neel Kashkari said on Tuesday, but there is also …

By Christian Kraemer and Rene Wagner BERLIN (Reuters) – Five economic institutes are predicting gross domestic product in Germany to contract by 0.6% in 2023, two sources told Reuters on …

(Reuters) – U.S. new-vehicle sales are set to rise in September from a year ago, helped by sustained demand, according to Cox Automotive. Sales volumes in the current month are …

By Richa Naidu and Helen Reid LONDON (Reuters) – French consumers are buying fewer personal hygiene and household products, sacrificing tampons and laundry detergent as prices of products made by …

STOCKHOLM (Reuters) -Scandinavian airline SAS said on Tuesday it was evaluating final bids in an equity fundraising that closed a day earlier, and which is part of an ongoing bankruptcy …

WASHINGTON (Reuters) – Sales of new U.S. single-family homes fell more than expected in August as the rate on the popular 30-year fixed mortgage jumped above 7%, driving potential buyers …

By Amina Niasse NEW YORK (Reuters) -U.S. annual home price growth accelerated for a second straight month in July, signaling that softening prices in the market may be bottoming out, …

SAO PAULO (Reuters) -Brazil’s annual inflation accelerated in mid-September to 5.00%, data from statistics agency IBGE showed on Tuesday, coming in line with market expectations as the central bank signals …

By Lewis Jackson SYDNEY (Reuters) – PwC Australia will appoint outsiders to its board and publish audited financial statements as part of a governance overhaul to bring the partnership closer …

By Brenda Goh and Kane Wu SHANGHAI/HONG KONG (Reuters) -Alibaba Group on Tuesday kicked off its restructuring with a plan to list its logistics arm Cainiao in Hong Kong that …

(Reuters) – Athletic-wear retailer Dick’s Sporting Goods said on Tuesday it would recruit 8,600 workers across the United States for the holiday shopping season, less than its proposed hiring for …

New Jersey is much more than its proximity to New York City and its beautiful shorelines. It’s a state filled with charming downtown village areas that offer a unique blend …

HONG KONG (Reuters) -Swiss banking group UBS said on Tuesday it had signed a memorandum of understanding with the world’s largest lender by assets, Industrial and Commercial Bank of China …

(Reuters) -United Parcel Service said on Tuesday it would hire more than 100,000 seasonal workers to handle the 2023 holiday rush, a similar number of employees it hired a year …