Business News

By Susanna Twidale LONDON (Reuters) – A standard to assess companies’ claims about progress towards internal climate targets and their use of carbon offset credits was launched on Wednesday by …

(Refiles to correct first sentence to fix day of week to Tuesday) By Chuck Mikolajczak NEW YORK (Reuters) – The dollar index retreated on Tuesday after a host of economic …

By Chibuike Oguh NEW YORK (Reuters) – SL Green Realty Corp’s shares rose on Tuesday, extending gains from the previous session, after some research analysts heaped praise on the real …

By Manas Mishra and Michael Erman (Reuters) -Walgreens Boots Alliance on Tuesday warned that lower spending by inflation-weary consumers and a hit from a larger-than-expected drop in COVID-19 product sales …

By Abhirup Roy and Akash Sriram (Reuters) – Amazon.com Inc’s self-driving vehicle unit Zoox has grown its headcount by about 16% at a time when access to capital is tight …

By Dietrich Knauth NEW YORK (Reuters) – A U.S. bankruptcy judge on Tuesday approved Overstock.com’s $21.5 million purchase of Bed Bath & Beyond’s brand name, intellectual property and ecommerce platform. …

By Stephanie Kelly NEW YORK (Reuters) -Oil prices slumped over 2% on Tuesday on signals that central banks may not be done with interest rate hikes, while industry data showed …

(Reuters) – Harley-Davidson on Tuesday named insider Jonathan Root as its new chief financial officer to succeed Gina Goetter who stepped down in April. Root, who will take charge immediately, …

WASHINGTON (Reuters) -Sales of new U.S. single-family homes surged to the highest level in nearly 1-1/2 years in May, benefiting from a dearth of previously owned homes available for sale. …

WASHINGTON (Reuters) – President Joe Biden said on Tuesday the United States economy is “strong now” and he does not expect a recession, a day before delivering an economic policy …

BRASILIA (Reuters) -Brazil’s planning and budget minister, Simone Tebet, said on Tuesday that the country’s central bank is causing “unnecessary noise” by publishing varying comments regarding its plans for the …

By Sinéad Carew, Sruthi Shankar and Johann M Cherian (Reuters) – U.S. stock indexes rebounded on Tuesday from a recent losing streak as upbeat economic data soothed investor worries about …

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets reach the half-way point of the week with …

By Tom Hals WILMINGTON, Delaware (Reuters) – The Walt Disney Co board did not act negligently when it criticized a sexual identity bill signed by Florida Governor Ron DeSantis, a …

By Aishwarya Nair (Reuters) – Circor International Inc said on Tuesday it would proceed with plans to sell itself to private equity firm KKR & Co Inc in a $1.7 …

(Reuters) – United Airlines Chief Executive Scott Kirby has blamed the Federal Aviation Administration (FAA) after severe storms led to thousands of canceled flights in recent days. “I’m … frustrated …

(Reuters) -The United States is considering new restrictions on exports of artificial intelligence chips to China, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Shares …

By Jaiveer Shekhawat and Lananh Nguyen (Reuters) -Jefferies Financial Group Inc on Tuesday posted second-quarter profit that edged past analysts’ estimates as robust performance in the investment bank’s capital markets …

By Valerie Insinna WASHINGTON (Reuters) -Spirit AeroSystems and its machinists union reached a tentative contract agreement on Tuesday, with about 6,000 workers set to vote Thursday on whether to end …

By Greg Bensinger SAN FRANCISCO (Reuters) – Arguing for the government on Tuesday in its legal fight against Microsoft’s $69 billion deal to buy game maker Activision Blizzard, Harvard economist …

SEOUL (Reuters) – Consumer sentiment in South Korea ticked further up in June to the highest in just over a year, while inflation expectations remained unchanged, a central bank survey …

By Stephen Culp NEW YORK (Reuters) – U.S. stocks advanced in a broad rally on Tuesday, and the dollar softened as robust economic data eased recession fears and stoked investors’ …

By Krystal Hu (Reuters) -Reka, an AI model startup founded by former researchers from Alphabet’s DeepMind, has raised $50 million in a fresh round of funding from investors including Yuri …