Business News

By David Lawder WASHINGTON (Reuters) -The U.S. Treasury will push for a general increase in International Monetary Fund quota resources this year that would maintain the IMF’s current voting power …

By Ann Saphir (Reuters) -The U.S. Senate on Thursday confirmed World Bank economist Adriana Kugler to the Federal Reserve, filling the last open seat at the U.S. central bank’s governing …

LONDON (Reuters) – A lack of consistent data to measure emissions down the supply chain of mining companies and through to customers makes it difficult to monitor and meet targets …

By Anna Tong (Reuters) – OpenAI’s ChatGPT, the wildly popular artificial intelligence chatbot launched in November, saw monthly website visits decline for the third month in a row in August, …

By Valerie Insinna and Abhijith Ganapavaram WASHINGTON (Reuters) -Boeing is set to meet targets to deliver at least 400 narrowbody 737s this year, its chief financial officer said on Thursday, …

By Dan Burns (Reuters) – U.S. employers have yet to ramp up layoffs as many economists have predicted, data out on Thursday showed in the latest indication of a job …

(Reuters) -Walmart is changing the hourly starting wage structure for entry-level store workers, as companies seek to reduce costs in a slowing job market. The change means that store workers …

By Dawn Chmielewski and Akash Sriram (Reuters) -Charter Communications Chief Executive Chris Winfrey said he has a sense of urgency to resolve a distribution dispute with Walt Disney, in remarks …

SYDNEY (Reuters) – Australian billionaire Mike Cannon-Brookes on Thursday stood by the economics of a plan to ship energy from a giant solar farm in the country’s north to Singapore …

By Pete Schroeder WASHINGTON (Reuters) -U.S. bank profits and deposits were broadly steady in the second quarter, suggesting sector turmoil earlier this year has abated, but regulators are still keeping …

(Reuters) – Microsoft will pay legal damages on behalf of customers using its artificial intelligence (AI) products if they are sued for copyright infringement for the output generated by such …

By Nathan Gomes (Reuters) -Canada’s Magna International said on Thursday it expects to “roughly” double sales at its unit that manufactures electric powertrains and parts for electric vehicles this year, …

By Jonathan Stempel NEW YORK (Reuters) – General Motors was ordered by a federal appeals court on Thursday to defend against claims by a Black safety supervisor, who said she …

(Reuters) – Founders behind defunct self-driving startup backed by Ford and Volkswagen launched a new autonomous trucking firm, Stack AV, on Thursday with investment from Japan’s SoftBank Group. SoftBank declined …

BOGOTA (Reuters) – Colombia’s flag-carrier airline Avianca will invest $473 million to grow its fleet by 16 aircraft as it looks to increase the number of routes on offer, Chief …

By Helen Coster and Zaheer Kachwala (Reuters) – News Corp is engaged in “various negotiations” with artificial intelligence companies over their use of its content, the company’s chief executive said …

By Sruthi Shankar and Shashwat Chauhan (Reuters) -European shares fell on Thursday as chipmakers slumped on reports that China has widened curbs on use of Apple iPhones by government staff, …

(Reuters) – A wider ban on China state employees from using Apple’s iPhones is not surprising and seeks to limit a Western company’s market access, the chairman of the U.S. …

By Ananta Agarwal (Reuters) -Summit Materials said on Thursday it would buy the U.S. operations of Columbia’s Cementos Argos for about $3.2 billion in cash and stock, in a deal …

By Huw Jones LONDON (Reuters) – Leading users of derivatives markets in the European Union called on the bloc on Thursday to scrap a plan that would force them to …

By Natalia Siniawski (Reuters) -Annual core inflation in Mexico slowed to a 20-month low in August, data from statistics agency INEGI showed on Thursday, below market forecasts as the country’s …

MOSCOW (Reuters) – A lawyer for Goldman Sachs argued in a Moscow court on Thursday that a $6.3 million lawsuit against it by Russia’s Otkritie Bank should be heard instead …

PARIS (Reuters) – French inflation should decline in the coming months slightly more than expected as food price pressures ease, the national statistics agency said on Thursday, while forecasting meagre …