Business News

By Jane Lanhee Lee OAKLAND, Calif. – Semiconductor designer Advanced Micro Devices Inc (AMD) said on Monday it has finalized the purchase of Xilinx Inc in a record chip industry …

By Toby Sterling AMSTERDAM -The Dutch antitrust watchdog fined Apple 5 million euros ($5.7 million) again on Monday, its fourth such fine for failing to allow software application makers in …

By Stephanie Nebehay BELLINZONA, Switzerland – An ex-Credit Suisse manager told a Swiss court on Monday that millions of euros were paid out of accounts linked to a Bulgarian wrestler …

-Gains in French IT consultancy Capgemini’s operating margin this year will likely be held back by inflationary pressures on salary and the cost of returning to offices, the company said …

LONDON – Airlines will need to negotiate Ukraine aviation cover with their insurers, with some of the required war risk policies now being agreed on a daily basis, a senior …

By Jonnelle Marte – The unprecedented level of job switching seen last year as the U.S. labor market rebounded from the pandemic gave workers more leverage to ask for better …

By Nivedita Balu – Leonardo DiCaprio-backed Polestar’s ad taking a potshot at rivals Tesla and Volkswagen topped the list of the most popular commercials during Super Bowl LVI, new data …

By Chris Prentice WASHINGTON – A subsidiary of crypto company BlockFi Inc has agreed to pay $100 million to the U.S. Securities and Exchange Commission (SEC) and 32 states to …

FRANKFURT -European Central Bank President Christine Lagarde faced a backlash in the European Parliament on Monday from conservative lawmakers criticising the ECB’s green strategy as a “distraction” from its duty …

By Foo Yun Chee STRASBOURG – European Union lawmakers and countries could reach a deal by the end of June on proposed tech rules forcing online platforms to better police …

By Hyunjoo Jin San Francisco -Intel Corp’s Mobileye unit plans to build and deploy self-driving electric shuttle vehicles with its partners in the United States in 2024, in a bid …

By Howard Schneider WASHINGTON -U.S. Federal Reserve officials continued sparring over how aggressively to begin upcoming interest rate increases at their March meeting, with a final inflation reading just ahead …

By Jonathan Stempel NEW YORK – Noom Inc reached a $62 million settlement of a lawsuit accusing the weight loss app provider of tricking customers into signing up for “risk-free” …

By Jonnelle Marte -U.S. consumers lowered their expectations for how much inflation will rise in the near-term and medium-term periods, signaling that inflation concerns may be easing, according to a …

By David Shepardson WASHINGTON -Toyota Motor Corp said Monday it has not yet resumed production at its three manufacturing lines in Ontario even after a key U.S.-Canadian bridge reopened. The …

CAIRO – Apache aims to raise its oil and gas output in Egypt by 10% to 15% within five years, CEO and President John Christmann told Sky News Arabia on …

By Svea Herbst-Bayliss BOSTON – Jana Partners cut its holding in Macy’s Inc by 84% in the last months of 2021 not long after the activist investment firm prodded the …

By Amal S – Canada’s main stock index fell on Monday, weighed down by energy stocks as crude prices fell after Ukraine hinted at possible concessions to Russia that could …

By Hannah Lang – Crypto companies are betting sports advertising will help them go mainstream, and none have made a bigger splash than Crypto.com with a commercial on Sunday’s Super …

LONDON – BBC Studios, the commercial arm of Britain’s BBC, has chosen Rebecca Glashow, currently president of BBC Studios Americas, to head its global distribution from New York, underlining its …

– Novavax Inc has submitted an application to Switzerland’s drugs regulator for the authorization of its COVID-19 vaccine in adults, the U.S. vaccine maker said on Monday. The submission is …

– Industrial giant 3M Co on Monday forecast a slower pace of sales growth in 2022 and a 45 cent hit to its per-share earnings, as demand for its masks …

TORONTO – The Canadian dollar edged lower against the greenback on Monday, as investors weighed warnings that Russia could invade Ukraine at any time and a major trade route between …

– Cornerstone Building Brands Inc said on Monday that private equity group Clayton, Dubilier & Rice (CD&R) had proposed to acquire the rest of the building products maker for $24.65 …

BRUSSELS – Global trade bottlenecks are more the result of demand spikes than supply chain snags, with pressure likely to ease in the coming months, the World Trade Organization’s chief …