All News

By Silke Koltrowitz ZURICH -Food group Nestle is confident of defending its profit margins against mounting cost pressures this year, planning more price increases after they helped it beat sales …

By Shivani Tanna and Mrinmay Dey -Amazon.com Inc has reached agreement with Visa Inc to accept its credit cards across its network, ending a standoff between the two that threatened …

By David Milliken LONDON – More than seven out of 10 British exporters have found no benefit from the trade deal that Britain agreed with the European Union after Brexit, …

BERLIN – Germany’s Volkswagen is in talks with China’s Huawei about acquiring an autonomous driving unit for billions of euros, Manager Magazin reported on Thursday. Automakers and technology firms are …

JERUSALEM – Tower Semiconductor on Thursday reported a higher than expected rise in quarterly profit, days after Intel Corp said it planned to buy the Israeli chipmaker. The company, previously …

WASHINGTON – The U.S. Justice Department’s Antitrust Division and the FBI announced an initiative on Thursday to detect and prosecute companies that take advantage of supply chain disruptions to collude …

FRANKFURT – The European Central Bank has been right to maintain its easy money policy as inflation is set to fall after “transient boosts” from supply snags that may extend …

By Piotr Lipinski PARIS -Air France-KLM plans to raise up to 4 billion euros ($4.6 billion) as it seeks to repay state pandemic handouts, the airline said on Thursday, overshadowing …

By Daniel Leussink and Kantaro Komiya TOKYO -Japan ran its biggest trade deficit in a single month in eight years in January as high energy costs swelled imports and manufacturers …

By Nerijus Adomaitis OSLO – Norway’s oil and gas firms plan to invest almost $18 billion this year, more than originally expected, as they take advantage of pandemic-era tax incentives, …

By Simon Jessop LONDON – France’s CNP Assurances will no longer finance new oil and gas projects or invest more money in companies planning to do so, joining the growing …

By Tom Sims and Frank Siebelt FRANKFURT – Commerzbank swung to better than expected fourth-quarter and annual net profit despite a major overhaul, the German lender said on Thursday and …

MADRID – European Central Bank policymaker Pablo Hernandez de Cos on Thursday said that any premature tightening of monetary policy would only hurt the economy and stimulus should be withdrawn …

(This Feb. 16 story has been corrected to show price to be very similar to high-dose flu vaccine, not COVID vaccine, in paragraph 8) By Francesco Guarascio BRUSSELS – An …

ROME – EasyJet would want more slots at Milan’s Linate airport should carrier ITA team up with Germany’s Lufthansa, the chief executive of the British carrier said, indicating the airline’s …

By Anshuman Daga and Lawrence White SINGAPORE/LONDON – Standard Chartered has raised its core profitability goals and promised shareholders extra payouts, despite full year profit undershooting expectations, as it banks …

By Min Zhang and Dominique Patton BEIJING – China’s state planner has told some iron ore traders to release excessive inventory and reduce stocks to reasonable levels, following a joint …

By Joe Bavier and Rachel Savage JOHANNESBURG/LONDON -Wealthy nations must improve their floundering flagship debt relief initiative or face a spate of debt crises in the developing world, experts and …

BEIJING – Coffee chains such as Luckin Coffee and Tim Hortons have increased the prices of their beverages in China, with U.S. giant Starbucks blaming “multiple factors” such as higher …

By Neil Jerome Morales and Enrico Dela Cruz MANILA -The Philippine central bank left key interest rates unchanged for a 10th consecutive policy meeting on Thursday, reaffirming continued support for …

BERLIN – Continental is considering splitting into four separate businesses to boost its market capitalisation but must convince majority shareholder Schaeffler of the plan, Manager Magazin reported, sending Continental shares …

By Nupur Anand and Abhirup Roy MUMBAI – Next month’s mammoth stock market debut for India’s Life Insurance Corporation (LIC) has battered shares in other insurers as investors trim their …

PARIS – Carrefour shares opened 2.8% higher on Thursday as investors cheered record cash generation in 2021 and a confident outlook for 2022, reflected in a new share buyback plan …

ZURICH – Swiss companies are not stockpiling cash in their strongrooms and offices to avoid being hit by negative interest rates, a Swiss National Bank (SNB) survey released on Thursday …

A look at the day ahead from Danilo Masoni. Beneath the surface of the wild swings that have gripped markets this year, there is a strong trans-Atlantic current of rising …