Business News

BERLIN (Reuters) -Daimler Truck has raised its profit and revenue guidance due to an easing of supply chain constraints, stronger demand in its core markets and the after-sales business, the …

By Pete Schroeder WASHINGTON (Reuters) – The Federal Reserve’s top regulatory official laid out a sweeping plan to increase capital requirements for the nation’s largest banks in the wake of …

By Ann Saphir and Michael S. Derby (Reuters) -The Federal Reserve will likely need to raise interest rates further to bring down inflation that is still too high, but the …

By Lawrence Delevingne and Nell Mackenzie (Reuters) -Wall Street stocks rose slightly on Monday, while oil prices and the dollar dipped, as investors digested Chinese economic data and looked ahead …

By David Milliken LONDON (Reuters) – Britain’s government and the Bank of England “will do what is necessary, for as long as necessary” to return inflation to its 2% target, …

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar sank to a three-week low on Monday after comments by Federal Reserve officials reinforced market expectations that the U.S. central bank …

By Foo Yun Chee BRUSSELS (Reuters) -The European Commission announced a new data transfer pact with the United States on Monday, seeking to end the legal uncertainty plaguing thousands of …

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices eased 1% on Monday on the increasing likelihood of more U.S. interest rate hikes, but crude supply cuts from top oil exporters Saudi …

(Reuters) -Carl Icahn disclosed on Monday he restructured $3.7 billion in personal loans to remove a link between his obligation to post collateral and his holding company’s share price, buoying …

(Reuters) -Shares of Surf Air Mobility are expected to start trading on the New York Stock Exchange during the week of July 24, the electric aviation and regional air travel …

By David Shepardson WASHINGTON (Reuters) -The White House will brief senators Tuesday on artificial intelligence in a classified setting as lawmakers consider adopting legislative safeguards on the fast-moving technology. The …

By Michael S. Derby (Reuters) -Federal Reserve Bank of Cleveland President Loretta Mester said on Monday that still-strong levels of underlying inflation pressures are pointing the central bank toward more …

(Reuters) – The New York Times said on Monday it is disbanding its sports desk and will rely on The Athletic for daily coverage of the beat, a move the …

By Doyinsola Oladipo NEW YORK (Reuters) – Amazon.com Inc is partnering with travel booking site Priceline to offer discounts during Tuesday’s Prime Day, the first time an online travel agency …

By Svea Herbst-Bayliss and Anirban Sen (Reuters) -Morgan Stanley has hired senior investment banker Marco Caggiano from JPMorgan Chase & Co, where he led the bank’s North America mergers and …

(Reuters) – UK-based Revolution Beauty said on Monday it could reach a settlement with top shareholder Boohoo over board changes in the coming days, after the beauty products retailer said …

By Tim Hepher TOULOUSE, France (Reuters) – Europe’s Airbus inaugurated a new assembly line for its A321neo jetliner in southwest France on Monday, granting a new lease of life to …

By Steven Scheer and Ari Rabinovitch JERUSALEM (Reuters) -The Bank of Israel left short-term borrowing rates unchanged on Monday for the first time since early 2022, as expected, but warned …

NEW YORK (Reuters) – Wells Fargo promoted Dawson Her Many Horses, head of Native American Banking, to managing director, one of the first enrolled tribal members to reach that rank …

By Jack Queen (Reuters) – Comedian Sarah Silverman and two authors have filed copyright infringement lawsuits against Meta Platforms and OpenAI for allegedly using their content without permission to train …

By Mayank Bhardwaj and Sumit Khanna NEW DELHI (Reuters) – An Indian court rejected PepsiCo Inc’s appeal against an order that revoked a patent for a potato variety grown exclusively …

BOGOTA (Reuters) – Colombia risks falling out of compliance with its fiscal rule through greater spending proposed for 2024 and the financial impact of reforms being debated in Congress, an …

By Matteo Allievi and Shreyashi Sanyal (Reuters) -European shares inched higher on Monday with the travel & leisure sector leading gains, helping to limit the impact of weak inflation data …